[ TRANSACTION RECORD ]

Thrive Capital Invests $1.2 Billion in OpenAI Global, LLC

VERIFIED VECTOR ID: 002861 · thrive-capital-invests-1-2-billion-in-openai-global-llc
M SOURCE NODE — FUNDER
Thrive Capital
Finance New York City, USA
$1,200,000,000
VENTURE CAPITAL / EQUITY INVESTMENT
02/10/2024
Q DESTINATION NODE — RECIPIENT
OpenAI Global, LLC
Capped-Profit Corporation United States (Delaware)
Amount (USD)
$1.2B
Flow Type
VENTURE CAPITAL / EQUITY INVESTMENT
Transaction Date
02/10/2024
Primary Source
View Filing ↗
Funder Profile [ M ]
Entity Thrive Capital
AUM —
HQ Location New York City, USA
Sector Finance
Recipient Profile [ Q ]
Entity OpenAI Global, LLC
Entity Type Capped-Profit Corporation
Jurisdiction United States (Delaware)
Intelligence Note

On October 2, 2024, Thrive Capital led a $6.6 billion funding round into OpenAI Global, LLC—the commercial entity operating under non-profit parent OpenAI, Inc. Thrive committed $1.2 billion directly to the round, which valued the AI developer at $157 billion post-money. The capital was raised to accelerate frontier AI model research, scale compute infrastructure, and fuel global product expansion.

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Primary Forensic Source https://openai.com/index/scale-the-benefits-of-ai/
✓ SOURCE LINKED