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OpenAI could be IPO ready in 2027

Original title: OpenAI president Greg Brockman says company could be IPO ready in 2027

Plain language

What it is: OpenAI's president announced that the company could be ready for an initial public offering in 2027. This readiness is supported by strong growth in their business and enterprise sales.
How it works: The company achieved this by investing in its business segment, helping corporate clients identify milestones they can reach with AI, and building long-term trust. Enterprise revenue now makes up the majority of OpenAI's total revenue.
Where it is available: This applies to OpenAI's overall business operations and its enterprise services.
Example: OpenAI recently formed a partnership with JPMorgan Chase.

What it is: OpenAI president Greg Brockman stated the company expects to be ready for an IPO in 2027. The announcement follows a shift where enterprise revenue grew to become the majority of OpenAI's total revenue.
How it works: The growth was driven by long-term investments in the enterprise sector, resulting in a 70% quarterly growth in annualized revenue by the third quarter of 2026. The company focused on building trust and helping enterprise clients deploy AI technology for specific milestones.
Where it is available: This applies to OpenAI's corporate business model and enterprise service offerings.
Example: A partnership with JPMorgan Chase was cited as an example of the enterprise deals OpenAI is securing.

The headline and explanation on this page are based on TechCrunch's post. The full details are in the original.

OpenAI president Greg Brockman says company could be IPO ready in 2027