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The Latest Breaking News from Thrive Capital

OpenAI is reportedly in talks to raise $6.5 billion from Microsoft, NVIDIA, and Apple amid bankruptcy claims — pushing its market cap to $150 billion

OpenAI is reportedly in talks to raise $6.5 billion from investors, pushing its market capitalization to approximately $150 billion. The startup also wants to raise $5 billion in debt from a few banks.

Windows Central

OpenAI In Talks For New Funding Valuing ChatGPT Maker More Than $100B: Reports

OpenAI In Talks For New Funding Valuing ChatGPT Maker More Than $100B: Reports

Thrive Capital is expected to lead the investment, committing $1 billion to the round.

International Business Times

Exclusive: Savvy Wealth closes Series A at $26.5 million

Savvy has raised $15.5 million in an additional round led by Canvas Ventures, closing the startup’s Series A at $26.5 million, Fortune can exclusively report. Thrive Capital, Brewer Lane Ventures, Index Ventures, The House Fund, and Alumni Ventures, all existing investors, also participated in the round.

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Microsoft-backed OpenAI valued at $80bn after company completes deal

Company to sell existing shares in ‘tender offer’ led by venture firm Thrive Capital, in similar deal as early last year

The Guardian - US

Thrive Capital has invested in more than a dozen other VC firms from its growth fund

The firm’s eighth growth fund has made investments into VCs including Scale AI’s Alexandr Wang and Not Boring newsletter writer Packy McCormick.

How Joshua Kushner created a VC powerhouse with Thrive Capital

He built a name for himself apart from his famous family—and defied VC expectations

Can billionaire VC Joshua Kushner mix kindness with capitalism?

The Thrive Capital founder has built his brand around unwavering support for founders—including the embattled Sam Altman of OpenAI.

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The OpenAI saga isn't over—here's how Sam Altman could still return

The OpenAI saga isn't over—here's how Sam Altman could still return

A lot of people stand to lose a lot of money if OpenAI tries to forge on without Sam Altman.

Stripe could be valued at $60 billion after investments from firms including Thrive Capital

Stripe could be valued at $60 billion after investments from firms including Thrive Capital

Thrive Capital's possible investment in digital payments giant Stripe follows recent reports of its founders planning to go public within one year.

Bob Iger joining Jared Kushner's brother's venture-capital firm as executive mentor and trend spotter

Bob Iger joining Jared Kushner's brother's venture-capital firm as executive mentor and trend spotter

The former Disney CEO has invested in various startups since his departure from the media giant in 2020, and will link up with Joshua Kushner.

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