OpenAI President Brockman Says Most Revenue Comes from Enterprise Customers, Meets Conditions for IPO in 2027
OpenAI President Greg Brockman said on Wednesday local time that most of the company's revenue currently comes from its enterprise customer business, and that he believes OpenAI will meet the conditions for an IPO in 2027. Speaking at The Wall Street Journal's tech conference in Napa, California, he said OpenAI is stepping up sales to enterprise customers to compete with Anthropic, which is expected to go public before the end of this year, and is actively promoting products such as the Codex agent. Reuters previously reported that OpenAI had delayed its IPO plans and now hopes to use recent business growth to advance financing.
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Brockman gave the enterprise revenue share and IPO timeline at a tech conference, which can be compared with Anthropic's IPO pace to see how the two compete.
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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
2026-11-05 14:46 IT Home - Yuanyang
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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 aimed at 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 was 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 financing work.