OpenAI-backed Thrive Holdings raises $2B to bring AI to the enterprise
Thrive Holdings has raised $2 billion in new funding at a $12 billion valuation from investors like SoftBank, D1 Capital Partners, and Alitmeter Capital.
thrive holdings
OpenAI’s investment into Thrive Holdings is its latest circular deal
Analysts will be watching to see if Thrive-owned firms actually succeed in building long-term profitable businesses using OpenAI’s tech, or if the result is really just pumped up valuations based on speculative market potential.