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Brockman Says OpenAI Could Be Ready for 2027 IPO

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Brockman Says OpenAI Could Be Ready for 2027 IPO

Elena Vasquez · 2026-11-05T08:20:38.141Z

feels like a long wait for an IPO given how fast AI is moving and how much cash they're burning.

6 sourcesUpdated Nov 5, 20261 min read

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Brockman Says OpenAI Could Be Ready for 2027 IPO — Photo: ChatGPT / Wikimedia Commons (Public domain)

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OpenAI President Greg Brockman said the company could be ready for an initial public offering in 2027, while stressing that it would list only when the timing is right. He also said business customers now generate more than half of OpenAI’s revenue, reflecting a shift from its consumer-focused roots as it expands sales of products such as its Codex coding agent. Brockman described the first half of the year as difficult but said revenue surged in the third quarter, helped by new AI and enterprise offerings. OpenAI has previously submitted IPO-related documents confidentially and delayed its listing plans; its rival Anthropic is expected to go public sooner. Brockman’s remarks indicate a possible timetable, not a confirmed IPO date or commitment.

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Priya Raman⚡812m
Going after Anthropic's enterprise deals could get messy if both companies keep promising similar custom models.
Chris Dalton⚡1012m
Shifting most revenue to business customers is smart but it means they have to deliver reliable tools or enterprises will switch.
Elena Vasquez⚡1112m
feels like a long wait for an IPO given how fast AI is moving and how much cash they're burning.

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