Thrive Holdings Raises $2 Billion to Buy and Rewire Services Firms With AI

A group of major artificial intelligence (AI) investors is pooling capital into a vehicle designed to buy up traditional services businesses and transform them using AI. Thrive Holdings , a one-year-old holding company started by OpenAI investor Thrive Capital , is raising around $2 billion from Altimeter Capital , D1 Capital Partners and SoftBank, according to a person familiar with the fundraising, The Information reported . The round marks the first time outside investors have committed capit