OpenAI has acquired a stake in Thrive Holdings, the investment platform launched this year by major OpenAI backer Thrive Capital, in a move designed to accelerate enterprise adoption of artificial intelligence across a wide range of businesses, according to Bloomberg.

As part of the partnership, OpenAI will embed teams within Thrive Holdings’ portfolio companies to improve operational speed, accuracy, and cost efficiency. The initial focus will be on accounting and IT services, with the aim of rapidly deploying AI at scale inside commercial organisations.

Brad Lightcap, OpenAI’s chief operating officer, said the collaboration is intended to show “what’s possible when frontier AI research and deployment are rapidly deployed across entire organizations to revolutionize how businesses work and engage with customers.”

Thrive Capital, founded by Josh Kushner, is one of OpenAI’s largest investors. It first backed the company in 2023 at a $27bn valuation before leading a $6.6bn round that valued the business at $157bn later that year. Thrive launched Thrive Holdings in April, adopting a structure modelled on private equity platforms to build and acquire companies positioned to benefit from AI.

The deal contributes to a growing network of interconnected transactions involving OpenAI and its strategic partners. Nvidia agreed to invest up to $100bn in OpenAI to support a major data-centre expansion, with OpenAI committing to use Nvidia chips in those facilities. OpenAI also struck a multibillion-dollar chip partnership with AMD, which could make it one of AMD’s largest shareholders.

The partnership aims to strengthen OpenAI’s enterprise business as the company works to convert its rapid technological advances into commercial scale and sustained revenue growth.

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