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OpenAI takes stake in Thrive Holdings

nytimes.com

2 points by dr_ a month ago · 1 comment

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thoughtpeddler a month ago

Have there been deals like this before in the industry? (with the same express purpose as this, which is to say, creating a dedicated permanent capital vehicle that acquires + holds legacy businesses (e.g. accounting, IT services, etc) to transform them with AI agents using an equity-holding tech partner (OpenAI) to train models for tasks with company-specific data)? Feels new to me.

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