✦ AI AI Company Comparison

Nscale vs OpenAI — IPO & Funding Comparison

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

● Data current Last verified: May 24, 2026
Metric Nscale OpenAI
Valuation$14.6B$852B
Total Funding$4.5B+$55.4B
IPO StatusPrivatePre-IPO
SectorAI Infrastructure / CloudArtificial Intelligence
StageSeries CPre-IPO
HeadquartersUnited KingdomSan Francisco, CA
CEOSam Altman
The IPO Stack Newsletter

Get Tuesday's IPO moves + one deep-dive in your inbox

Scores, valuations, and signals for Nscale, OpenAI, and 370+ companies. 5-min read every Tuesday.

Nscale

AI hyperscaler building vertically-integrated GPU cloud infrastructure. $2B Series C (March 2026) at $14.6B valuation. Backed by NVIDIA, Dell, Aker ASA. Hired Goldman Sachs and JPMorgan as IPO underwriters — targeting public listing H2 2026.

IndustryAI Infrastructure / Cloud
StageSeries C
IPO StatusPrivate
Valuation$14.6B
Total Funding$4.5B+
HeadquartersUnited Kingdom

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 Nscale and OpenAI? +

Nscale is valued at $14.6B. 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? +

Nscale has raised $4.5B+. OpenAI has raised $55.4B.

What is the IPO status of Nscale and OpenAI? +

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

Are Nscale and OpenAI in the same sector? +

Nscale operates in AI Infrastructure / Cloud, while OpenAI operates in Artificial Intelligence.

What are the main differences between Nscale and OpenAI? +

Nscale is a AI Infrastructure / Cloud company valued at $14.6B with $4.5B+ 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 Nscale or OpenAI before their IPO? +

Accredited investors can access pre-IPO shares in Nscale 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.