34 core-AI IPOs since 2023: a trickle in 2023 becomes a China–Hong Kong wave by 2026

Asked:

“Every AI company that has IPO'd since 2023: ticker, exchange, IPO date, valuation at IPO, current market cap, and % change since debut”

A best-effort global census of 34 companies whose core business is AI — models, chips, cloud, autonomous driving, drug discovery or robotics — that completed conventional IPOs between January 2023 and September 2026, across US, Hong Kong, mainland China, Japan, Korea and Abu Dhabi exchanges. Market data is live-web extracted with unequal as-of dates: only 12 of 34 rows carry a market-cap observation and 11 a price-return observation, so blanks below are honest blanks, not zeros.

Every IPO on one timeline

One dot per IPO, placed by listing date, colored by AI category. Hover for details. Dot size does not encode market cap — caps sit in five currencies and are not comparable on one scale.

Price return since debut — 11 observations, each with its own as-of date

Return from final IPO offer price to the latest same-currency quote found, not market-cap growth; dividends and corporate actions ignored. Bars dated at right; several are snapshots from days after listing, not September 2026.

What the picture cannot say alone

The cadence accelerates: 8 listings in 2023, 9 in 2024, 6 in 2025 and already 11 in 2026 by September — the 2026 wave is dominated by China and Hong Kong AI-model, chip and robotics names such as Zhipu AI, MiniMax and Unitree on HKEX and STAR.

The biggest measured winners are Astera Labs, up 511.7% by May 2026 (stockalert.pro), and Unitree Robotics, up 490% by August 2026 (tradingview.com) — though Unitree's market-cap figure carries an unresolved currency conflict and is excluded from comparisons.

Cerebras Systems' shaped IPO date was an extraction error; its cited IPO material supports 14 May 2026, shown here with a correction label (blog.mexc.com).

Presight AI's $5.5bn IPO valuation is disputed by other coverage and is shown as a claim, not a fact (presight.ai).

Valuation definitions are mixed across rows — fully diluted valuation versus ordinary market cap — so no ranking by size is offered anywhere on this page.

The full candidate table — click a header to sort

Company	Ticker	Exchange	IPO date	Valuation at IPO	Latest mkt cap	Ccy	% since debut	Data as of	Category	Sources

Method: 34 candidate core-AI IPOs (Jan 2023 – Sep 2026) identified by a best-effort live-web search; “AI company” scoped to AI models/ML software, AI cloud, AI semiconductors, autonomous driving, AI-native drug discovery and intelligent robotics; SPAC mergers, direct listings and companies merely adding AI features excluded. This is not a security-master claim of exhaustiveness. Only 12 rows have a market-cap observation and 11 a return observation; % change is price return from final IPO offer price to the latest same-currency quote at the stated as-of date, ignoring dividends and corporate actions. Market caps in USD, HKD, JPY, CNY and KRW are not comparable and are never mixed on one scale. Cerebras IPO date corrected; Unitree market cap excluded (currency conflict); Presight valuation marked disputed. Categories condensed from source labels for the chart.

This report was generated automatically by Keenable SELECT at a user's request, from publicly available web sources linked herein. Keenable does not review, verify, or endorse its contents and makes no representation as to accuracy, completeness, or timeliness; AI-based extraction may contain errors. Nothing in this report is investment, legal, financial, or other professional advice. All trademarks and referenced content remain the property of their respective owners; no affiliation or endorsement is implied. To report an error, rights concern, or request removal: legal@keenable.ai.