Huo Xing Cai Jing reports that AI investment platform Thrive Holdings has announced the completion of a $2 billion funding round, valuing the company at $12 billion, with participation from SoftBank, D1 Capital Partners, Altimeter Capital, and others. Thrive Holdings was founded in 2025 by Joshua Kushner, founder of Thrive Capital. Unlike traditional investment firms, it does not directly invest in AI large model development companies; instead, it primarily acquires traditional service businesses and integrates AI technologies into their operational processes to enhance efficiency. Its goal is to build platforms and products that bring cutting-edge artificial intelligence into key industries upon which millions of businesses and individuals rely daily. The company previously secured approximately $1 billion in initial funding.
AI Investment Platform Thrive Holdings Completes $2 Billion Funding Round
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Summary
AI and crypto news broke as Thrive Holdings, an AI investment platform, closed a $2 billion funding round, pushing its valuation to $120 billion. SoftBank, D1 Capital Partners, and Altimeter Capital led the funding round. Founded in 2025 by Joshua Kushner, the company acquires traditional service businesses and integrates AI to enhance efficiency. It previously raised approximately $10 billion.
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