Thrive Holdings is engaged in the acquisition and management of companies that can benefit from AI technologies, especially in accounting and IT services. OpenAI will integrate its engineering, research, and product teams into the firms in Thrive's portfolio to enhance AI adoption and reduce operational costs. OpenAI has not disclosed financial details of the agreement.
Joshua Kushner, the founder of Thrive Capital, emphasized that the partnership will enable advanced integration of OpenAI services in industries with transformative potential. OpenAI's participation will be able to grow as Thrive Holdings develops. This is part of a series of circular investments by OpenAI, which has recently taken stakes in infrastructure partners such as AMD and CoreWeave.
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