OpenAI intensifies focus on enterprise market ahead of year-end IPO
OpenAI is preparing for an initial public offering by the end of the year and is strengthening its focus on the enterprise market to boost revenue and gain market share against competitors, CNBC reported on Wednesday, the 18th. Fidji Cimo, head of applications at the company behind ChatGPT, stated in an internal meeting that the firm is 'aggressively orienting' its activity toward high-productivity use cases in the corporate sector. The strategy aims to convert its vast user base—over 900 million weekly active users—into customers who consume greater computing capacity, positioning ChatGPT as a productivity tool for businesses. Sources cited by CNBC point to a potential IPO timeline in the fourth quarter, though the date remains subject to change. OpenAI is also bolstering its finance team with investor relations specialists to prepare for the operation. This positioning comes amid increasing competition in the enterprise AI segment, where rivals like Google and Anthropic are also seeking to strengthen their presence, with Anthropic not ruling out a future IPO. In December, the company launched an internal plan to improve ChatGPT and respond to competitive pressure, reducing investments in areas such as healthcare, e-commerce, and advertising. OpenAI has also revised its infrastructure investment projections; compared to the 1.2 trillion euros initially suggested by CEO Sam Altman, the company now estimates investment in computing capacity at around 520 billion euros by 2030. Revenue projections for that horizon stand at 242 billion euros, with balanced contributions from both consumer and enterprise segments. The owner of ChatGPT exceeded 21.5 billion in revenue last year.
