Overview
- OpenAI president Greg Brockman said the company could be ready for an initial public offering in 2027 when asked at a Wall Street Journal technology conference.
- The company reported a 70% quarter‑over‑quarter increase in annualized revenue in Q3 2026, which Brockman said was driven by a doubling of enterprise sales.
- OpenAI’s enterprise business now supplies the majority of revenue after growing from roughly 30 percent earlier in 2026, with large clients such as J.P. Morgan cited as examples of new deals.
- Coverage reports that OpenAI has expanded its product line, including reported launches of GPT-5.6 Sol and ChatGPT Work, which the company says are helping win more enterprise contracts.
- Private fundraising, valuation re-pricing and competition from rivals such as Anthropic are shaping the timing and terms of any IPO and will influence investor demand and the company’s choice to go public.