OpenAI-backed Thrive Holdings raises $2B to bring AI to the enterprise
Thrive Holdings, backed by OpenAI, raised $2 billion at a $12 billion valuation to accelerate AI adoption in enterprises.
- Thrive Holdings raised $2 billion at a $12 billion valuation, backed by OpenAI.
- Investors include SoftBank Vision Fund, D1 Capital Partners, and Alitmeter Capital.
- Funds will accelerate AI integration into enterprise workflows and decision-making.
- The company combines OpenAI's models with proprietary tools for scalable AI solutions.
Thrive Holdings, a company with backing from OpenAI, has closed a $2 billion funding round at a $12 billion valuation. The round was led by SoftBank Vision Fund, with participation from D1 Capital Partners and Alitmeter Capital. The funds will be used to expand Thrive's AI-driven enterprise solutions, focusing on integrating artificial intelligence into business workflows and decision-making processes.
The company aims to bridge the gap between cutting-edge AI research and practical enterprise applications. Thrive's platform reportedly combines OpenAI's models with proprietary tools to deliver scalable AI solutions for large organizations. This funding round underscores growing investor confidence in AI's role as a transformative force in the corporate sector.
Industry analysts suggest that Thrive's approach aligns with the broader trend of AI adoption in enterprises, where companies are increasingly seeking to leverage generative AI for efficiency and innovation. The $12 billion valuation reflects the high expectations for Thrive's growth trajectory in the coming years.
AI adoption in enterprises is accelerating, offering competitive advantages.
High valuation signals strong confidence in AI-driven enterprise solutions.
AI is becoming a core component of business operations.
- Generative AI
- AI systems capable of creating new content, such as text, images, or code, based on training data.
FundingAI coding startup Cognition reportedly already in talks to raise at $40B valuation
FundingLovable confirms new $13.3B valuation, raises another $400M
2 Purdue AI research projects selected among the first Genesis Mission awards - Purdue University
An A.I.-Focused Buyer of Service Firms Raises $2 Billion - The New York Times
FundingAccel closes oversubscribed $550M India fund within weeks, 19 months after its last
Marine Corps, Coast Guard Lay Groundwork for AI Operations - GovCIO Media & Research
The US Marine Corps and Coast Guard are establishing frameworks to deploy AI systems in real-world operations, signaling a shift toward data-driven decision-making in defense.
As AI safety concerns mount, three pioneers make the case for staying open
Three top AI researchers argue for open-source AI development to maintain U.S. competitiveness against China while addressing safety concerns.
Redefining Battery Energy Storage Systems with Artificial Intelligence - Tata Consultancy Services
Tata Consultancy Services unveiled an AI-driven platform to optimize battery energy storage systems, aiming to enhance grid efficiency and reliability.
AI ToolsMesh, Automattic’s CRM for everyone, comes to Android
Automattic’s AI-driven contacts and relationship manager, Mesh, expands to Android after its initial iOS release.
US tries to override New York gambling laws, orders Kalshi to keep operating
The U.S. government intervened to prevent New York from shutting down Kalshi, a prediction market platform, citing a market emergency.
How much time does AI save at work? New Census Bureau data breaks it down. - CBS News
A U.S. Census Bureau study provides the first official data on how much time workers save using AI tools, breaking down gains by industry and job role.