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deep tech PYMNTS.com May 15, 2026

Thrive Capital Bets $100 Million on Shopify’s AI Future

Thrive Capital Bets $100 Million on Shopify’s AI Future
AI Summary

Joshua Kushner ’s Thrive Capital has invested about $100 million in Shopify , betting that artificial intelligence could enhance commerce, Bloomberg reported Thursday (May 14), citing unnamed sources. Neither Shopify nor Thrive Capital immediately replied to PYMNTS’ request for comment. Thrive Capital announced in February that it raised more than $10 billion for a fund called Thrive X.

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