OpenAI Eyes 2027 IPO Amid Growth
OpenAI President Greg Brockman announced that enterprise sales now drive the majority of the company's revenue. Speaking at a tech conference, he confirmed plans that the artificial intelligence firm will be ready for an initial public offering in 2027.
OpenAI generates the majority of its revenue from enterprise sales and targets an initial public offering in 2027, President Greg Brockman said on Wednesday evening. The pivot toward corporate clients comes as competition intensifies with rival Anthropic in the United States. Enterprise adoption will dictate whether the AI lab can sustain its valuation ahead of public markets.
