ChatGPT developer acquires stake in Trump relative's fund
The deal will "accelerate the adoption of artificial intelligence in enterprise environments," OpenAI expects
ChatGPT chatbot developer, OpenAI, has acquired a stake in a group set up by New York-based Thrive Capital, which is led by Joshua Kushner. This company is one of the largest backers of the artificial intelligence startup, along with SoftBank, Microsoft and Khosla Ventures, the Financial Times writes.
Details
OpenAI Chief Operating Officer Brad Lightcap said he hopes the partnership "will serve as an example of how companies and industries around the world can work closely with OpenAI."
The deal, according to Joshua Kushner, will allow Thrive Holdings to "bring [OpenAI's] advanced models, products and services to sectors that have the potential to benefit from technological innovation."
Other details of the agreement, as well as what kind of innovations we are talking about, are not specified in the company's release. Thrive Capital's recent deals include a merger with investment firm ZBS Partners in June 2025. Together, the companies were going to invest $100 million in a venture that would integrate AI into IT companies.
What else is important to know
Thrive Capital is known for its investments in IT startups, including OpenAI, data analytics platform Databricks and cybersecurity firm Wiz. Its subsidiary Thrive Holdings was founded earlier this year to acquire service providers such as accounting and IT firms to further transform them with AI.
Thrive Capital founder Joshua Kushner is the brother of US President Donald Trump's son-in-law, Jared Kushner.
This article was AI-translated and verified by a human editor
