AI investment platform Thrive Holdings completes $2 billion funding round, with SoftBank and others participating

Odaily News: AI investment platform Thrive Holdings announced the completion of a $2 billion funding round, valuing the company at $12 billion. SoftBank, D1 Capital Partners, and Altimeter Capital were among the participants.

Thrive Holdings was founded in 2025 by Joshua Kushner, founder of Thrive Capital. Unlike traditional investment firms, it does not directly invest in AI large-model R&D companies. Instead, it primarily acquires traditional service enterprises and integrates AI technology into their business operations to achieve efficiency improvements. The company had previously secured approximately $1 billion in initial funding. (The New York Times)