Get all your news in one place.

100's of premium titles.
One app.

Get all your news in one place.

100's of premium titles. One news app.

The Latest Breaking News from Thrive Capital

OpenAI Secures $6.6 Billion In New Funding At $157 Billion Valuation

OpenAI did not name the investors, but reports said that the funding round was led by New York-based venture capital firm Thrive Capital, including the company's biggest backer Microsoft and new participants, chipmaker Nvidia and SoftBank, among others.

International Business Times

Investors claim OpenAI is 'uniquely' positioned to become the world's dominant AI company worth trillions of dollars ahead of Microsoft and Apple: "There has never been a company that has both a dominant enterprise and consumer position early on"

Investors claim OpenAI is 'uniquely' positioned to become the world's dominant AI company worth trillions of dollars ahead of Microsoft and Apple: "There has never been a company that has both a dominant enterprise and consumer position early on"

A new report claims more investors are joining OpenAI's latest round of funding, potentially propelling it to become the world's dominant AI company worth trillions of dollars, potentially ahead of Microsoft, NVIDIA, and Apple.

Windows Central

OpenAI is reportedly in talks to raise $6.5 billion from Microsoft, NVIDIA, and Apple amid bankruptcy claims — pushing its market cap to $150 billion

OpenAI is reportedly in talks to raise $6.5 billion from Microsoft, NVIDIA, and Apple amid bankruptcy claims — pushing its market cap to $150 billion

OpenAI is reportedly in talks to raise $6.5 billion from investors, pushing its market capitalization to approximately $150 billion. The startup also wants to raise $5 billion in debt from a few banks.

Windows Central

From analysis to the latest developments in health,
read the most diverse news in one place.

inkl

OpenAI In Talks For New Funding Valuing ChatGPT Maker More Than $100B: Reports

Thrive Capital is expected to lead the investment, committing $1 billion to the round.

International Business Times

Exclusive: Savvy Wealth closes Series A at $26.5 million

Savvy has raised $15.5 million in an additional round led by Canvas Ventures, closing the startup’s Series A at $26.5 million, Fortune can exclusively report. Thrive Capital, Brewer Lane Ventures, Index Ventures, The House Fund, and Alumni Ventures, all existing investors, also participated in the round.

Microsoft-backed OpenAI valued at $80bn after company completes deal

Company to sell existing shares in ‘tender offer’ led by venture firm Thrive Capital, in similar deal as early last year

The Guardian - US

Thrive Capital has invested in more than a dozen other VC firms from its growth fund

The firm’s eighth growth fund has made investments into VCs including Scale AI’s Alexandr Wang and Not Boring newsletter writer Packy McCormick.

inkl

Read news from The Economist, FT, and more,
with one subscription

How Joshua Kushner created a VC powerhouse with Thrive Capital

How Joshua Kushner created a VC powerhouse with Thrive Capital

He built a name for himself apart from his famous family—and defied VC expectations

Can billionaire VC Joshua Kushner mix kindness with capitalism?

Can billionaire VC Joshua Kushner mix kindness with capitalism?

The Thrive Capital founder has built his brand around unwavering support for founders—including the embattled Sam Altman of OpenAI.

The OpenAI saga isn't over—here's how Sam Altman could still return

The OpenAI saga isn't over—here's how Sam Altman could still return

A lot of people stand to lose a lot of money if OpenAI tries to forge on without Sam Altman.

Stripe could be valued at $60 billion after investments from firms including Thrive Capital

Stripe could be valued at $60 billion after investments from firms including Thrive Capital

Thrive Capital's possible investment in digital payments giant Stripe follows recent reports of its founders planning to go public within one year.

Bob Iger joining Jared Kushner's brother's venture-capital firm as executive mentor and trend spotter

Bob Iger joining Jared Kushner's brother's venture-capital firm as executive mentor and trend spotter

The former Disney CEO has invested in various startups since his departure from the media giant in 2020, and will link up with Joshua Kushner.

1 2

People

Charles Kushner

Alyson Shontell

Patrick Collison

From analysis to the latest developments in health,
read the most diverse news in one place.

inkl

Organisations

inkl

Read news from The Economist, FT, and more,
with one subscription

Topics

Places

402,429 stories

Fourteen days free

Download the app

One app. One membership.
100+ trusted global sources.

Download on the AppStore

Get it on Google Play