Speaking at a tech conference on November 4, OpenAI President Greg Brockman said that the majority of the company's revenue already comes from enterprise customers, and that it expects to be ready for an IPO by 2027. When asked whether the company would be ready to go public next year, Brockman said, "I think so." He noted that OpenAI is ramping up its enterprise expansion, competing with Anthropic for enterprise customers, and pushing its Codex agent product. Anthropic is expected to potentially go public before the end of this year. OpenAI had previously delayed its IPO plans and is now accelerating fundraising to capitalize on business growth opportunities.