OpenAI Eyes 2027 IPO as Enterprise Revenue Surges, Expanding AI Cybersecurity Push and Setting Out Election-Year Policy Vision - AI Insider
OpenAI is preparing for an initial public offering in 2027, with President Greg Brockman signaling confidence in the company's direction as enterprise revenue has doubled, now accounting for the majority of total revenue.
Speaking at a Wall Street Journal tech conference on Wednesday, Brockman expressed confidence in OpenAI's business trajectory despite challenging first two quarters of 2026. He acknowledged that the company had fallen behind in the agentic coding conversation, where rival Anthropic's Claude Code gained market share, but emphasized that OpenAI had successfully executed its strategy.
By the third quarter, OpenAI's annualized revenue grew 70% quarter-over-quarter, with the enterprise business doubling in size. Enterprise now represents the majority of OpenAI's revenue, up from around 30%, while consumer revenue has also continued to grow. Brockman highlighted a recent partnership with JPMorgan Chase as evidence of the company's success in winning business clients.
Cybersecurity Expansion
OpenAI's AI models are making significant inroads in cybersecurity. Max Justicz used GPT 5.6 Sol through OpenAI's Daybreak Blue program to discover a severe vulnerability in Ubuntu server code that could allow hackers to take control of systems. Justicz reported the flaw to the Debian Project, which issued a patch, though he warned that more serious bugs are likely to be discovered.
OpenAI has now made its new cybersecurity model, ChatGPT Cyber, available to Daybreak Red, its highest tier for offensive security researchers. The model has identified 948 potential issues in the Linux kernel and 81 novel vulnerabilities in Firefox. The company has committed $1 billion to support defenders of critical infrastructure and aims to expand Daybreak to organizations of all sizes.
Policy Vision
OpenAI's chief global affairs officer Chris Lehane has outlined a New Deal-style agenda for AI ahead of the 2028 election, comparing its economic impact to Franklin D. Roosevelt's New Deal. The five priorities include worker protections, education, AI safety, data center development, and tax incentives for AI skills. Lehane warned that backing a data center moratorium could jeopardize America's lead over China.
However, Kate Brennan of the AI Now Institute criticized the New Deal comparison as ahistorical, arguing the proposals assume mass AI adoption benefits society. She questioned OpenAI's safety stances given its past opposition to California's SB 1047 safety legislation, though the company has since backed several state safety laws.
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