OpenAI executives have recently reinforced expectations for a 2027 IPO, with President Greg Brockman stating on November 5 that the company appears ready following strong enterprise revenue growth that now accounts for the majority of sales after doubling in recent quarters. CFO Sarah Friar echoed this timeline the next day, noting that 2026 midterms had not altered plans despite ongoing data center investments. CEO Sam Altman had earlier ruled out a 2026 listing to prioritize AI safety. A confidential S-1 filing from June 2026 provides flexibility, while a scaled-back $20 billion private raise at around $1.25 trillion valuation positions the firm ahead of rival Anthropic’s expected November debut. Market sentiment reflects these confirmed signals amid broader AI sector volatility.