✦ AI AI Company Comparison

Lightmatter vs OpenAI — IPO & Funding Comparison

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

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Data for Lightmatter last verified: May 21, 2026. OpenAI: verified May 24, 2026.
Metric Lightmatter OpenAI
Valuation$4.4B$852B
Total Funding$850M$55.4B
IPO StatusPrivatePre-IPO
SectorAI Infrastructure / SemiconductorsArtificial Intelligence
StageSeries EPre-IPO
HeadquartersMountain View, CASan Francisco, CA
CEONicholas HarrisSam Altman
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Lightmatter

Photonic computing company building silicon photonics chips and interconnects for AI data centers. Series D ($400M, $4.4B valuation, Oct 2024). CEO Nick Harris called it "probably our last private funding round" — IPO timeline uncertain but expected post-2026.

IndustryAI Infrastructure / Semiconductors
StageSeries E
IPO StatusPrivate
Valuation$4.4B
Total Funding$850M
HeadquartersMountain View, 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 Lightmatter and OpenAI? +

Lightmatter is valued at $4.4B. 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? +

Lightmatter has raised $850M. OpenAI has raised $55.4B.

What is the IPO status of Lightmatter and OpenAI? +

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

Are Lightmatter and OpenAI in the same sector? +

Lightmatter operates in AI Infrastructure / Semiconductors, while OpenAI operates in Artificial Intelligence.

What are the main differences between Lightmatter and OpenAI? +

Lightmatter is a AI Infrastructure / Semiconductors company valued at $4.4B with $850M 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 Lightmatter or OpenAI before their IPO? +

Accredited investors can access pre-IPO shares in Lightmatter 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.