Thrive Holdings, a company backed by OpenAI, has raised $2 billion in new funding at a $12 billion valuation. The investment comes from firms including SoftBank, D1 Capital Partners, and Altimeter Capital.
The $2 billion funding round aims to accelerate Thrive Holdings’ efforts to bring artificial intelligence (AI) solutions to businesses. While the specific applications of these AI tools weren't detailed in the report, the substantial investment signals confidence in Thrive Holdings’ strategy for enterprise-level AI implementation.
Investors participating in the funding round include SoftBank, D1 Capital Partners, and Altimeter Capital. The company did not disclose how it intends to deploy the capital beyond its stated goal of expanding AI solutions within the enterprise sector.
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