OpenAI Takes Ownership Stake in Thrive Holdings, Expanding AI Private-Equity Partnerships
OpenAI announced an ownership stake in Thrive Holdings, a private‑equity‑style firm backed by Thrive Capital that aggregates AI‑focused companies. While the deal’s financial terms remain confidential, OpenAI will embed its engineering, research, and product teams within Thrive’s portfolio to accelerate AI adoption. The partnership follows OpenAI’s recent circular investments in infrastructure firms such as Advanced Micro Devices and CoreWeave, underscoring a broader strategy of aligning with companies that can embed its technology. Analysts say the move will be closely watched to gauge whether the combined entities can generate sustainable growth or simply inflate valuations.