# Wall Street Journal

Published articles for Wall Street Journal.

This is one page of public article previews, not the complete archive. Follow Next page to continue. Summaries are not the original full articles.

## OpenAI president Greg Brockman says company could be IPO ready in 2027

DevFeed: [OpenAI president Greg Brockman says company could be IPO ready in 2027](<https://devfeed.tech/articles/openai-president-greg-brockman-says-company-could-be-ipo-ready-in-2027-119349.md>)

Original publisher: [Read original article](<https://techcrunch.com/2026/11/05/openai-president-greg-brockman-says-company-could-be-ipo-ready-in-2027/>)

Author: Sarah Perez

Published: 2026-11-05T18:02:27Z

Content type: news

Language: en

Sources: [TechCrunch | AI News & Artificial Intelligence](<https://devfeed.tech/sources/techcrunch-ai-news-artificial-intelligence.md>)

Topics: [OpenAI](<https://devfeed.tech/topics/openai.md>), [codex](<https://devfeed.tech/topics/codex.md>)

Tags: [2026](<https://devfeed.tech/tags/2026.md>), [agentic](<https://devfeed.tech/tags/agentic.md>), [agentic-coding](<https://devfeed.tech/tags/agentic-coding.md>), [ai](<https://devfeed.tech/tags/ai.md>), [annualized-revenue](<https://devfeed.tech/tags/annualized-revenue.md>), [anthropic](<https://devfeed.tech/tags/anthropic.md>), [business](<https://devfeed.tech/tags/business.md>), [claude](<https://devfeed.tech/tags/claude.md>), [claude-code](<https://devfeed.tech/tags/claude-code.md>), [enterprise](<https://devfeed.tech/tags/enterprise.md>), [ipo](<https://devfeed.tech/tags/ipo.md>), [jpmorgan-chase](<https://devfeed.tech/tags/jpmorgan-chase.md>), [openai](<https://devfeed.tech/tags/openai.md>), [partnership](<https://devfeed.tech/tags/partnership.md>), [revenue](<https://devfeed.tech/tags/revenue.md>), [tech-conference](<https://devfeed.tech/tags/tech-conference.md>), [trust](<https://devfeed.tech/tags/trust.md>), [wall-street-journal](<https://devfeed.tech/tags/wall-street-journal.md>)

### AI overview

Greg Brockman said OpenAI could be ready for an IPO in 2027, while stressing it would go public when the timing felt right. He described a rough first half of 2026, when OpenAI was gaining little attention in agentic coding as Anthropic's Claude Code made inroads. In the third quarter, OpenAI reported 70% growth in annualized revenue, which Brockman linked to enterprise revenue doubling after earlier investments. Enterprise now provides most of the company's revenue, up from about 30%, while consumer revenue has also continued to grow. He said winning business clients requires helping them identify meaningful AI milestones, building trust, and showing long-term reliability; he cited JPMorgan Chase as a recent client partnership.

### Source excerpt

OpenAI President Greg Brockman says the company could be ready to go public in 2027, pointing to accelerating enterprise revenue and a turnaround in its business.

## OpenAI reportedly lowers funding target for new round

DevFeed: [OpenAI reportedly lowers funding target for new round](<https://devfeed.tech/articles/openai-reportedly-lowers-funding-target-for-new-round-109957.md>)

Original publisher: [Read original article](<https://techcrunch.com/2026/10/31/openai-reportedly-lowers-funding-target-for-new-round/>)

Author: Anthony Ha

Published: 2026-10-31T16:12:55Z

Content type: news

Language: en

Sources: [TechCrunch | AI News & Artificial Intelligence](<https://devfeed.tech/sources/techcrunch-ai-news-artificial-intelligence.md>)

Topics: [OpenAI](<https://devfeed.tech/topics/openai.md>)

Tags: [ai](<https://devfeed.tech/tags/ai.md>), [ai-infrastructure-spending](<https://devfeed.tech/tags/ai-infrastructure-spending.md>), [anthropic](<https://devfeed.tech/tags/anthropic.md>), [challenges](<https://devfeed.tech/tags/challenges.md>), [company](<https://devfeed.tech/tags/company.md>), [funding](<https://devfeed.tech/tags/funding.md>), [funding-round](<https://devfeed.tech/tags/funding-round.md>), [fundraising](<https://devfeed.tech/tags/fundraising.md>), [in-brief](<https://devfeed.tech/tags/in-brief.md>), [investors](<https://devfeed.tech/tags/investors.md>), [ipo](<https://devfeed.tech/tags/ipo.md>), [openai](<https://devfeed.tech/tags/openai.md>), [spending](<https://devfeed.tech/tags/spending.md>), [stocks](<https://devfeed.tech/tags/stocks.md>), [target](<https://devfeed.tech/tags/target.md>), [tech-stocks](<https://devfeed.tech/tags/tech-stocks.md>), [techcrunch](<https://devfeed.tech/tags/techcrunch.md>), [valuation](<https://devfeed.tech/tags/valuation.md>), [wall-street-journal](<https://devfeed.tech/tags/wall-street-journal.md>)

### AI overview

Reports say OpenAI lowered its funding target from previously reported amounts of $30 billion at a $1.4 trillion valuation, later $1.25 trillion, to $20 billion, with the initial close expected to be smaller. The Financial Times reported that UAE investors would lead the round and a later retail offering to wealthy individuals could bring proceeds to the target. The Wall Street Journal reported $11 billion secured so far and a "tepid" response from some large investors. The article suggests investor caution about AI infrastructure spending and a tech stock sell-off may partly explain the reported fundraising difficulty; OpenAI had not commented to TechCrunch.

### Source excerpt

OpenAI's latest funding round doesn't seem to be living up to expectations.