thrive capital

Thrive Capital and a16z are reportedly leading a $4 billion funding round for Anduril Industries, valuing the defense technology company at $60 billion. The Wall Street Journal, which broke the news, reported that Anduril's existing investors, Founders Fund and Lux Capital, also plan to participate...

Josh Kushner's venture capital firm Thrive Capital has raised more than $10 billion for a new fund, Thrive X, which will target investments in AI applications, infrastructure, robotics and life sciences. The funding round saw abundant investor interest as the VC firm "turned away billions in...

On Monday, ChatGPT-parent OpenAI announced that it is deepening its enterprise ambitions with a stake in Thrive Holdings. OpenAI, Thrive Tighten Ties With New AI Partnership As part of a non-monetary agreement, OpenAI and Thrive Holdings are partnering to bring advanced AI into key parts of the...

ChatGPT-parent OpenAI is reportedly in discussion to raise $6.5 billion in equity financing, which could bring its valuation to $150 billion. What Happened: The new valuation does not include the funds being raised. The round is expected to be led by Thrive Capital, reported Bloomberg. Other...

OpenAI, the startup behind the artificial intelligence portal known as ChatGPT, is about to get a massive cash infusion that will pump its valuation beyond $100 billion. What Happened: Venture capital firm Thrive Capital is leading a fundraising effort and will invest at least $1 billion, according...

OpenAI co-founder and CEO Sam Altman and Apple design legend Sir Jony Ive, are reportedly seeking $1 billion in funding for a new artificial intelligence (AI) project.  What Happened: Altman and Ive are looking to secure the funding for an undisclosed AI project, reported The Information on Friday...

The OpenAI saga continued to play out over the weekend with a lot of twists and turns. Former CEO Sam Altman and fellow co-founder Greg Brockman reportedly received a lot of support from big investors and employees following their exit, increasing their chances of being reinstated. Microsoft,...

Cloud communications platform Twilio Inc. (NYSE: TWLO) is set to buy data startup Segment for a price tag between $3 billion and $4 billion. Why It Matters: The deal would bring together two API companies. Per MuleSoft, API is an acronym for "Application Programming Interface"...

E-commerce company Dutchie completed a $35 million Series B funding round, with backing from Snoop Dogg's Casa Verde Capital, Kevin Durant's Thirty Five Ventures and Former Starbucks Chairman and CEO, Howard Schultz. Thrive Capital and Gron Ventures also participated in the effort...

What if saving money was as fun as playing the lottery? A new startup is looking to do just that. Long Game, a personal finance app that encourages users to save money while winning prizes, recently raised additional $4 million in seed funding from Collaborative Fund and Thrive Capital. The company...