Thrive Holdings, a company supported by OpenAI that operates similarly to a private equity firm in the field of artificial intelligence, has successfully secured $2 billion in fresh investment, achieving a valuation of $12 billion. Notable investors include SoftBank, D1 Capital Partners, and Altimeter Capital. The firm specializes in acquiring conventional businesses such as accounting and IT firms, integrating AI into their operations. With its platform now encompassing over 70 businesses, its AI-driven tax agents have processed upwards of 7,000 tax returns with a remarkable 98 percent accuracy rate. A portion of the newly acquired funding is earmarked for the development of a third platform aimed at providing regulatory services for physical infrastructure, including data centers and manufacturing facilities.
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