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OpenAI President Brockman Says Most Revenue Comes from Enterprise Customers, IPO-Ready by 2027

Phoenix TechnologyUpdated Nov 5 17:14

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OpenAI President Greg Brockman said at The Wall Street Journal's tech conference that most of the company's revenue currently comes from its enterprise customer business, and that he believes OpenAI will be ready for an IPO in 2027. He said OpenAI is stepping up sales efforts aimed at enterprise customers, competing with Anthropic, which is expected to go public by the end of this year, and is actively promoting products such as the Codex agent. Reuters previously reported that OpenAI is accelerating its fundraising pace, having earlier postponed its IPO plans.

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Brockman laid out the revenue structure and IPO timeline at a tech conference, giving readers a way to observe the competitive pace between OpenAI and Anthropic in the enterprise market.

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OpenAI President Brockman: Most of the company's revenue currently comes from enterprise customers, and it will be ready for an IPO next year. IT Home Download the app for exclusive early access. November 05, 2026, 14:51:05 From Shandong. Updated November 05, 2026, 15:14:21

IT Home, November 5 news: OpenAI President Greg Brockman said on Wednesday local time that most of the company's current revenue comes from its enterprise customer business, and he believes OpenAI will be ready for an IPO in 2027.

Brockman said OpenAI is stepping up sales efforts targeting enterprise customers, competing with rival Anthropic. The latter is expected to go public before the end of this year. OpenAI is actively promoting products such as its Codex agent to expand into the enterprise market.

IT Home notes that Brockman made these remarks at The Wall Street Journal Tech Conference held in Napa, California. When asked on site whether OpenAI is ready to hold an initial public offering (IPO) next year, he replied: "I think so."

According to a previous Reuters report, San Francisco-based OpenAI is accelerating its fundraising pace. The company had previously postponed its listing plans, and now hopes to use its recent business growth momentum to further advance its fundraising work.

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