Thrive Capital invested $1B in OpenAI at $285B valuation, separate from $100B funding round

Thrive Capital made an approximately $1 billion investment in OpenAI at a $285 billion valuation, according to CNBC. The investment is separate from the $100 billion fundraising round OpenAI is currently finalizing with other investors. Thrive Capital, led by Joshua Kushner, has been an early backer of OpenAI and previously led the $6.6 billion round. The standalone investment signals continued conviction from the firm as OpenAI navigates its nonprofit-to-for-profit transition and raises additional capital.

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