Which AI companies are most likely to IPO in 2026?

Based on current S-1 filings and stated IPO windows as of May 2026, these AI companies are most likely to IPO in 2026, ranked by IPO Readiness Score:

1. Stripe — Score 91/100 (A) — VERIFIED Filed S-1 February 14, 2026. $159B valuation, $6.5B ARR, profitable since 2023. Tech company with heavy AI infrastructure in payments and billing products.

2. Cerebras Systems — Score 94/100 (A+) — VERIFIED Filed S-1 April 17, 2026. $23.1B valuation, AI chip maker with Wafer Scale Engine. Only company in top 10 with public S-1 alongside Stripe.

3. Databricks — Score 90/100 (A) — VERIFIED Filed confidential S-1 April 15, 2026. $134B valuation, $1.6B+ ARR. AI/data platform positioned for 2026 listing.

4. Anthropic — Score 94/100 (A) — ESTIMATED Stated October 2026 target. $380B valuation, $10.3B raised. Active IPO preparation signals.

5. OpenAI — Score 93/100 (A) — ESTIMATED Stated Q4 2026 target. $920B valuation (highest of any private AI company). Microsoft-backed, $20B+ ARR.

Combined, these five represent over $1.5 trillion in tracked valuation. Investors seeking AI IPO exposure can access pre-IPO shares via Forge Global, EquityZen, and Hiive for accredited investors.

⚠ NOT INVESTMENT ADVICE This is not investment advice. IPO investing carries significant risk, including total loss of capital.