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The Economic Times
The Economic Times
Technology

Josh Kushner’s Thrive Fund grows sevenfold to $3.7 billion on AI bets

Thrive Capital’s 2022 early-stage venture capital fund, a $516 million investment vehicle that made early bets on OpenAI, SpaceX and Anduril Industries Inc., has grown to be worth more than $3.7 billion as of the end of June.

That figure, which is net of fees and other charges, was included in a letter to limited partners sent by Thrive chief executive officer and founder Josh Kushner earlier this week.

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