OpenAI’s plan to go public: Here’s what you need to know

Summary

CNBC's Kate Rooney reports OpenAI CFO Sarah Friar told employees the company expects to be public by 2027 or sooner and shared quarter-to-date revenue acceleration. The IPO is described as a milestone and another fundraise rather than a finish line, while Anthropic may go public in September. Ramp data show OpenAI growing faster than Anthropic near term, though Anthropic still leads in enterprise and coding.

• OpenAI CFO says the company will be a public company in 2027 or possibly sooner.
• The IPO is framed as a milestone and another fundraise, not a finish line.
• OpenAI's $122 billion March raise gives flexibility on timing.
• Quarter-to-date revenue run rate is up about 35%.
• Enterprise revenue grew roughly 50% and Codex reached $20 million, up about 3.5x.
• Anthropic may go public in September.
• Ramp data suggest OpenAI is growing faster than Anthropic this quarter, but Anthropic still dominates enterprise and coding.