AI investment platform Thrive Holdings completes $2 billion financing, SoftBank among investors

TechFlow reports, on August 12, AI investment platform Thrive Holdings announced the completion of a $2 billion financing round, valuing the company at $12 billion, with SoftBank, D1 Capital Partners, and Altimeter Capital among the investors. Thrive Holdings was founded by Thrive Capital founder Joshua Kushner in 2025. Unlike traditional investment firms, it will not directly invest in AI large model development companies, but mainly acquires traditional service enterprises and integrates AI technology into business processes to achieve efficiency improvements. Its goal is to build platforms and products to introduce cutting-edge artificial intelligence into key industries that millions of enterprises and individuals rely on daily. The company previously secured approximately $1 billion in initial funding.