At a Nov. 4 Wall Street Journal event in Napa, OpenAI President Greg Brockman said enterprise sales now provide most of the company’s revenue, Reuters reported, marking a shift in OpenAI’s revenue mix. The Reuters report did not specify an enterprise share or revenue amount.
OpenAI last quantified the mix on March 31, saying enterprise sales made up more than 40% of revenue. Its forecast then called for enterprise revenue to reach parity with consumer revenue by the end of 2026.
In a Wall Street Journal video published that day, Brockman said annualized revenue grew 70% quarter over quarter in Q3. He also said revenue from enterprise customers doubled during the period.
Reuters also reported that Brockman replied, “I think so,” when asked whether OpenAI could be ready for an initial public offering in 2027. His answer did not set a company schedule. On June 8, OpenAI said it had submitted a confidential draft S-1 to the U.S. Securities and Exchange Commission and had not decided when to go public.
OpenAI said the confidential filing could give it the option to go public sooner, while some objectives might be easier to pursue as a private company.
Reuters described OpenAI’s business-sales push, including promotion of its Codex agent, as part of its competition with Anthropic. The Wall Street Journal’s event program said Brockman’s session would cover the cost of AI infrastructure and the evolution of ChatGPT’s business. The program listed him with reporter Keach Hagey for a 30-minute discussion.
Reuters described Anthropic as likely to go public before year-end. The rival filed a public S-1 on Oct. 26; its filing says securities cannot be sold until the registration statement takes effect and gives no calendar date for an offering.
