OpenAI’s goal of going public in 2027 remains unchanged despite the U.S. midterm elections, CFO Sarah Friar said on Nov. 6, adding that the company is preparing for different scenarios.

CEO Sam Altman had previously ruled out an IPO in 2026, citing AI safety.

OpenAI’s third-quarter revenue grew 70%, while enterprise sales doubled, Friar said.

To meet customer demand, OpenAI plans to keep investing in large data centers and raising capital; Friar said a public listing aligns with the company’s mission for everyone to benefit from artificial intelligence.