thrive capital

LeafLink, a cannabis wholesale platform, has announced its acquisition of Leaf Trade, a specialized marketplace catering to multi-state operators (MSOs) and enterprise cannabis businesses. The combined entity is poised to process nearly $9 billion in annual gross merchandise value (GMV). The price...

ChatGPT-parent OpenAI is reportedly in discussion to raise $6.5 billion in equity financing, which could bring its valuation to $150 billion. What Happened: The new valuation does not include the funds being raised. The round is expected to be led by Thrive Capital, reported Bloomberg. Other...

OpenAI, the startup behind the artificial intelligence portal known as ChatGPT, is about to get a massive cash infusion that will pump its valuation beyond $100 billion. What Happened: Venture capital firm Thrive Capital is leading a fundraising effort and will invest at least $1 billion, according...

OpenAI co-founder and CEO Sam Altman and Apple design legend Sir Jony Ive, are reportedly seeking $1 billion in funding for a new artificial intelligence (AI) project.  What Happened: Altman and Ive are looking to secure the funding for an undisclosed AI project, reported The Information on Friday...

The OpenAI saga continued to play out over the weekend with a lot of twists and turns. Former CEO Sam Altman and fellow co-founder Greg Brockman reportedly received a lot of support from big investors and employees following their exit, increasing their chances of being reinstated. Microsoft,...

Cloud communications platform Twilio Inc. (NYSE: TWLO) is set to buy data startup Segment for a price tag between $3 billion and $4 billion. Why It Matters: The deal would bring together two API companies. Per MuleSoft, API is an acronym for "Application Programming Interface"...

E-commerce company Dutchie completed a $35 million Series B funding round, with backing from Snoop Dogg's Casa Verde Capital, Kevin Durant's Thirty Five Ventures and Former Starbucks Chairman and CEO, Howard Schultz. Thrive Capital and Gron Ventures also participated in the effort...

The cannabis wholesale marketplace LeafLink announced the completion of a $35-million Series B funding round Wednesday. The round was led by Thrive Capital, with additional participation from Nosara Capital, Lerer Hippeau, Wisdom VC and Thought Into Action Ventures. The funding will be used to...

What if saving money was as fun as playing the lottery? A new startup is looking to do just that. Long Game, a personal finance app that encourages users to save money while winning prizes, recently raised additional $4 million in seed funding from Collaborative Fund and Thrive Capital. The company...