Thrive Capital

News and Trends

OpenAI Raises USD 8.3 Bn at USD 300 Bn Valuation

Earlier in March, OpenAI had raised USD 2.5 billion and was expected to collect an additional USD 7.5 billion by the year's end.

News and Trends

OpenAI Secures USD 40 Bn in Funding, Valued at USD 300 Bn

The report also indicates that an additional USD 30 billion—USD 22.5 billion from SoftBank and USD 7.5 billion from other investors—will be invested by the end of 2025.

News and Trends

Databricks Secures USD 10 Bn in Series J Funding, Valuing the Firm at USD 62 Bn

Thrive Capital led the round, with co-leaders Andreessen Horowitz, DST Global, GIC, Insight Partners, and WCM Investment Management.

News and Trends

OpenAI Secures USD 6.6 Bn in Funding, Reaches USD 157 Bn Valuation Amid Leadership Shakeup

The newly raised capital will primarily fuel OpenAI's leadership in frontier AI research, enhance compute capacity, and drive product development, as stated in the company's blog.