OpenAI completed the acquisition of a majority stake in Thrive Holdings.

OpenAI, an American artificial intelligence research laboratory, completed the acquisition of a majority stake in Thrive Holdings, a company that owns and operates businesses in essential real-economy sectors. Financial terms were not disclosed. “AI is redefining how enterprises are built and deliver value for customers. This partnership with Thrive Holdings is about demonstrating what’s possible when frontier AI research and deployment are rapidly deployed across entire organizations to revolutionize how businesses work and engage with customers. We hope this partnership serves as a model for how businesses and industries around the world can deeply partner with OpenAI,” Brad Lightcap, OpenAI COO.