Thrive Capital and D1 Capital Partners are pooling capital to acquire and transform services firms using AI, involving OpenAI.
1 report, 1 independent
Updated Jul 6
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What happened
Thrive Capital and D1 Capital Partners are pooling capital to acquire and transform services firms using AI, involving OpenAI.
Who's involved
What this event is mainly aboutKeep exploring
The entities involved
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Thrive Capital
American venture capital firm
Nothing else this week.
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OpenAI
American artificial intelligence research organization
- Leaders call for international cooperation on AI risks, tech leaders call for oversight, and the CMA proposes stricter search engine choice requirements.
- Experts, including Dario Amodei at Cornell University, warned about the power and limits of AI, specifically citing risks of AI taking control of the internet.
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D1 Capital Partners
American investment firm
Nothing else this week.
Related events
- Thrive Capital and Bain Capital Ventures led a Series C financing round for Forus.
- Anthropic and OpenAI are developing competing enterprise AI products for financial services, integrating with major firms like BlackRock, Schwab, and iCapital.
- Broadcom, Apollo, and Blackstone are partners in financing the AI XPV platform, which serves key customers like OpenAI and Google.
- AI firms are expected to create wealth.
- A product development initiative involving OpenAI, led by a VP, is underway with Morgan Stanley as a design partner, aiming to automate tasks in investment banking.