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

Some supportReported by 1 outlet

Who's involved

What this event is mainly about

Thrive Capital OpenAI D1 Capital Partners

Keep exploring

Part of

Shopify and Index Ventures backed a startup that was hired by OpenAI, highlighting the venture capital activity within the AI industry. All 3 developments

The entities involved

Thrive Capital
American venture capital firm
- Thrive Capital agreed to take ADT private, and ADT also joined the S&P SmallCap 600 index.Thu 19:54
OpenAI
American artificial intelligence research organization
- AI data center build-out is driving growth for Celestica, while malicious actors are increasingly using AI for cyberattacks.17:12
- The event covers Nvidia/OpenAI data center negotiations in Ohio, alongside state-backed computing projects in China.13:15
D1 Capital Partners
American investment firm

Nothing else this week.

Related events

Major tech companies, including Microsoft and Meta, are noted as significant players in the tech landscape, while investment in OpenAI has reportedly resulted in a $480M loss.Jul 30

Coverage

Newest first; wire copies grouped

Jul 6pymnts.com