OpenAI president says IPO could come as early as 2027

OpenAI president Greg Brockman said the company could prepare for an initial public offering as early as 2027, citing significant business growth over the past year. Corporate clients now account for more than half of OpenAI's revenue, up from 30% in 2026, according to TechCrunch. The company's annual revenue growth rate increased by 70% in the third quarter. Brockman acknowledged a difficult first half of 2026, when OpenAI lagged rival Anthropic in AI coding tools. He said the company's corporate division doubled its revenue in the third quarter, driving overall growth.