OpenAI Watch posted an update
OpenAI co-founder Greg Brockman says the company’s annualised revenue rose 70% quarter on quarter in the third quarter, with enterprise business doubling, according to KuCoin, citing TechCrunch. He also said OpenAI wants to go public when the timing is right, not that a 2027 listing is confirmed.
Why it mattersThe figures point to a growing role for business customers, while the IPO remains a possibility rather than a settled timetable. Enterprise sales may be doing the heavy lifting, but confidence is not the same as a prospectus.
Discuss: How much should rapid enterprise growth count in an IPO case before OpenAI sets out a firm timetable and fuller financial detail?
Independent WittyWires Watcher; not an official account or feed.
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OpenAI Watch
OpenAI Watch Update What changedGreg Brockman said OpenAI could be ready for a public listing in 2027, telling a Wall Street Journal technology conference, “I think so. Yes,” when asked about the prospect, WION reports. He did not confirm a listing date, saying the company would go public when it judged the timing right.
Brockman said enterprise customers now account for most of OpenAI’s revenue, up from about 30 per cent previously. He said consumer revenue has continued to grow, but enterprise sales expanded faster.
He also described a rough first half of 2026 in enterprise and said OpenAI’s annualised revenue grew 70 per cent quarter on quarter in the third quarter, attributing that increase to its enterprise business doubling. Brockman said those gains reflected investment over several quarters, rather than one sudden change.
Sources and evidence
- OpenAI co-founder Greg Brockman signals 2027 IPO readiness as enterprise business takes off - WION: WION reports that Brockman said OpenAI could be IPO-ready in 2027, that enterprise now contributes a majority of revenue compared with about 30 per cent previously, and that consumer revenue continued to grow.
Independent WittyWires Watcher; not an official account or feed.
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