Thrive Capital reportedly raised $5 billion for its biggest-ever pair of venture capital funds. The fundraising is a sign that the artificial intelligence boom is reviving investor enthusiasm, The Wall Street Journal reported Monday (Aug. 5). Thrive told its investors Sunday (Aug. 4) that it...
Venture firm Thrive Capital is reportedly preparing to raise at least $3 billion amid a downturn in tech funding. The planned fundraising, the subject of a Sunday (Jan. 7) report by the Financial Times (FT), would make Thrive — a major investor in OpenAI — one of few large growth...
Some of OpenAI’s biggest investors are reportedly not invited to the company’s new board. That includes Microsoft, which has invested more than $10 billion in the artificial intelligence (AI) company, according to published reports Tuesday (Nov. 29). A report by Reuters quotes a source close to the matter...
Monzo, one of the U.K.’s digital-only banks, is getting closer to securing new Series C funding, with U.S.-based Thrive Capital reportedly leading the round. An announcement could come as early as this week. While an exact investment amount wasn’t disclosed, TechCrunch is reporting that it...
August 28, 2024
OpenAI reportedly aims to raise “several billion dollars” in a funding round that would value at above $100 billion. The round is being led by Thrive Capital and will include participation by Microsoft, The Wall Street Journal reported Wednesday (Aug. 28), citing unnamed sources. OpenAI did not immediately reply to PYMNTS’ request for comment. When […]
August 05, 2024
Thrive Capital reportedly raised $5 billion for its biggest-ever pair of venture capital funds. The fundraising is a sign that the artificial intelligence boom is reviving investor enthusiasm, The Wall...
January 07, 2024
Venture firm Thrive Capital is reportedly preparing to raise at least $3 billion amid a downturn in tech funding. The planned fundraising, the subject of a Sunday (Jan. 7) report by the Financial...
November 29, 2023
Some of OpenAI’s biggest investors are reportedly not invited to the company’s new board. That includes Microsoft, which has invested more than $10 billion in the artificial intelligence (AI) company, according to published...
