✦ AI AI Company Comparison

Cerebras Systems vs OpenAI — IPO & Funding Comparison

Side-by-side IPO readiness, funding history, and valuation comparison. Data sourced by TechStackIPO.

● Data current Last verified: May 12, 2026
Metric Cerebras Systems OpenAI
Valuation$26.6B$852B
Total Funding$3.4B$55.4B
IPO StatusPrivatePre-IPO
SectorSemiconductorsArtificial Intelligence
StagePre-IPOPre-IPO
HeadquartersSunnyvale, CASan Francisco, CA
CEOAndrew FeldmanSam Altman
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Cerebras Systems

AI chip company building the world's largest processors. IPO date confirmed May 14, 2026 on Nasdaq (CBRS). $3.5B raise target. Revenue $510M (+76% YoY), profitable at $87.9M net income.

IndustrySemiconductors
StagePre-IPO
IPO StatusPrivate
Valuation$26.6B
Total Funding$3.4B
HeadquartersSunnyvale, CA

OpenAI

OpenAI is valued at $852B — the world's most valuable AI company, backed by $27B in funding. Track IPO readiness score, funding rounds, and timeline.

IndustryArtificial Intelligence
StagePre-IPO
IPO StatusPre-IPO
Valuation$852B
Total Funding$55.4B
HeadquartersSan Francisco, CA

Frequently Asked Questions

What are the valuations of Cerebras Systems and OpenAI? +

Cerebras Systems is valued at $26.6B. OpenAI is valued at $852B. Both valuations are based on the most recent private funding rounds tracked by TechStackIPO.

How much has each company raised? +

Cerebras Systems has raised $3.4B. OpenAI has raised $55.4B.

What is the IPO status of Cerebras Systems and OpenAI? +

Cerebras Systems is currently private. OpenAI is currently pre-IPO. Track both on TechStackIPO for S-1 filings and IPO announcements.

Are Cerebras Systems and OpenAI in the same sector? +

Cerebras Systems operates in Semiconductors, while OpenAI operates in Artificial Intelligence.

What are the main differences between Cerebras Systems and OpenAI? +

Cerebras Systems is a Semiconductors company valued at $26.6B with $3.4B raised. OpenAI is a Artificial Intelligence company valued at $852B with $55.4B raised. See TechStackIPO's full side-by-side comparison for IPO readiness scores, funding timelines, and investor data.

How can I invest in Cerebras Systems or OpenAI before their IPO? +

Accredited investors can access pre-IPO shares in Cerebras Systems and OpenAI through secondary market platforms, pre-IPO funds, and broker-dealer platforms that facilitate private company transactions. TechStackIPO's marketplace section tracks available access options for both companies. Pre-IPO investments carry higher risk and limited liquidity.