Greg Brockman: OpenAI could be IPO-ready in 2027

OpenAI co-founder and president Greg Brockman said the company would be ready for an initial public offering in 2027, TechCrunch reports from a Wall Street Journal tech conference. Asked whether OpenAI could be IPO-ready next year, he replied, "I think so. Yes." Brockman said the first two quarters of 2026 were "pretty rough" and that OpenAI "wasn't even in the conversation" on agentic coding, where rival Anthropic's Claude Code gained share, but that activity picked up by the third quarter with 70% quarterly growth in annualized revenue. "We've been very clear this year that we want to go public when we feel is the right time for us, and I feel extremely good about the business," he said. Enterprise revenue has been growing, he added. Brockman gave no valuation and no date beyond the year.