DBR$185.50+3.06%·NBIS$42.30+6.28%·ANTH$720.00+3.60%·CRMV$58.40+4.10%·XAI$310.00-4.62%·OAAI$890.00+1.20%·CBRS$124.00+2.80%·SCLE$210.00-1.10%·MSTRL$95.00+5.40%·ANYS$67.00+0.90%·DBR$185.50+3.06%·NBIS$42.30+6.28%·ANTH$720.00+3.60%·CRMV$58.40+4.10%·XAI$310.00-4.62%·OAAI$890.00+1.20%·CBRS$124.00+2.80%·SCLE$210.00-1.10%·MSTRL$95.00+5.40%·ANYS$67.00+0.90%·
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IPO Pipeline

AI companies on the
path to going public

Track every AI infrastructure company from private funding through IPO — valuations, timelines, and practitioner signal in one place.

4
In pipeline
2
Recently public
6
Watching
12
Total tracked
Recently publicFiled / ImminentExpected 2025Expected 2026Watching

Active pipeline

4 companies filing or expected to list

CompanySectorStatusEst. yearValuationTotal raisedLead investors
Databricks
DBR
Data & AIExpected 20252025$62B$14BAndreessen Horowitz
Cerebras
CBRS
HardwareExpected 20252025$4.25B$720MAbu Dhabi Growth Fund
Anthropic
ANTH
AI ModelsExpected 20262026$61B$12.4BGoogle, Amazon
Scale AI
SCLE
DataExpected 20262026$13.8B$1.6BAccel, Tiger Global

Recently public

AI infrastructure companies that have listed in the past 24 months

Watching

Pre-IPO companies not yet on a confirmed listing path

CompanySectorStatusEst. yearValuationTotal raisedLead investors
OpenAI
OAAI
AI ModelsLong-term2027+$157B$17.9BMicrosoft, SoftBank
xAI
XAI
AI ModelsWatching—$50B$12BElon Musk
Mistral
MSTRL
AI ModelsWatching—$6B$1.1BAndreessen Horowitz
Anyscale
ANYS
InfrastructureWatching—$1B$259Ma16z, NEA
Cohere
COH
AI ModelsWatching—$5.5B$985MNvidia, Salesforce
Hugging Face
HF
ToolingWatching—$4.5B$395MSalesforce, Google

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