MOSCOW, Nov 5 (Bernama-Sputnik/RIA Novosti) -- OpenAI President Greg Brockman has voiced his belief that the artificial intelligence tech firm would be ready for an Initial Public Offering (IPO) in 2027, reported Sputnik/RIA Novosti.
"I think so, yes," Brockman said at the Wall Street Journal Tech: California when asked whether he believes the company is ready to go public next year. "We've been very clear this year that we want to go public when we feel it's the right time for us."
The president voiced his optimism about the performance of OpenAI which he believes has made major progress.
"I feel like we've made so much progress this year and I've honestly never felt more confident in what we're doing," Brockman continued.
OpenAI is the developer of the ChatGPT chatbot, which gained popularity after its launch in late November 2022, reaching its first million users in less than a week. US entrepreneur Elon Musk was one of the company's co-founders in 2015, but later severed ties with the startup.
--BERNAMA-SPUTNIK/RIA NOVOSTI
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