OpenAI takes stake in Thrive Holdings in latest enterprise AI push
Summary
OpenAI has taken an ownership stake in Thrive Holdings as part of a partnership aimed at bringing AI into accounting and IT services. The deal gives OpenAI a dedicated research team and resources in exchange for equity, while Thrive Holdings keeps ownership of the intellectual property and products developed through the collaboration. The companies want to use reinforcement learning and domain expertise to improve AI for specialized enterprise workflows. The move also strengthens OpenAI’s ties to Thrive Capital, one of its major backers, as OpenAI pushes further into enterprise adoption.
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$25M to $50M