Key facts
- Brockman said OpenAI now generates the majority of its revenue from enterprise sales.
- Asked on stage whether OpenAI will be ready for an IPO next year, Brockman said, "I think so."
- Brockman said OpenAI has been ramping up sales to businesses in competition with rival Anthropic.
- Brockman said the push includes OpenAI's Codex agent, a tool for coding tasks.
- Brockman said Anthropic is likely to go public before year end.
OpenAI President Greg Brockman said on November 4 that enterprises now generate the majority of the company's revenue, and that he believes the AI lab will be ready to go public in 2027. He spoke at a Wall Street Journal tech conference in Napa, California.
Asked on stage whether OpenAI will be ready for an IPO next year, Brockman said, "I think so." He said the company has been ramping up sales to businesses in competition with rival Anthropic, including pushing its Codex agent, a tool for coding tasks. Brockman said Anthropic is likely to go public before year end.
Reuters reported that San Francisco-based OpenAI has been racing to ramp up fundraising in order to capitalize on its recent growth after delaying its IPO plans.