OpenAI reportedly aims to raise “several billion dollars” in a funding round that would value at above $100 billion. The round is being led by Thrive Capital and will include participation by Microsoft, The Wall Street Journal reported Wednesday (Aug. 28), citing unnamed sources. OpenAI...
Thrive Capital reportedly raised $5 billion for its biggest-ever pair of venture capital funds. The fundraising is a sign that the artificial intelligence boom is reviving investor enthusiasm, The Wall Street Journal reported Monday (Aug. 5). Thrive told its investors Sunday (Aug. 4) that it...
Venture firm Thrive Capital is reportedly preparing to raise at least $3 billion amid a downturn in tech funding. The planned fundraising, the subject of a Sunday (Jan. 7) report by the Financial Times (FT), would make Thrive — a major investor in OpenAI — one of few large growth...
Some of OpenAI’s biggest investors are reportedly not invited to the company’s new board. That includes Microsoft, which has invested more than $10 billion in the artificial intelligence (AI) company, according to published reports Tuesday (Nov. 29). A report by Reuters quotes a source close to the matter...
November 14, 2024
Thrive Capital is reportedly in discussions to invest $1 billion in analytics software maker Databricks. This deal would value the company around $55 billion, Bloomberg News reported Thursday (Nov. 14), citing sources familiar with the matter. Those sources say Thrive is expected to lead a share sale, allowing some early investors and employees to sell stakes to new investors. […]
August 28, 2024
OpenAI reportedly aims to raise “several billion dollars” in a funding round that would value at above $100 billion. The round is being led by Thrive Capital and will include...
August 05, 2024
Thrive Capital reportedly raised $5 billion for its biggest-ever pair of venture capital funds. The fundraising is a sign that the artificial intelligence boom is reviving investor enthusiasm, The Wall...
January 07, 2024
Venture firm Thrive Capital is reportedly preparing to raise at least $3 billion amid a downturn in tech funding. The planned fundraising, the subject of a Sunday (Jan. 7) report by the Financial...