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00:02Joshua Kushner's Thrive Capital invested about $1 billion in OpenAI at a $285 billion valuation
00:09in December, according to CNBC. The deal was separate from OpenAI's current funding round,
00:15which could total more than $100 billion and value the company at $800 billion.
00:20The source said Thrive is likely to participate in the current round.
00:24The Wall Street Journal first reported the investment.
00:26Thrive recently closed a fund exceeding $10 billion.
00:30OpenAI CEO Sam Altman praised Joshua Kushner in a post on X,
00:34calling him a committed, thoughtful, and hardworking investor.
00:37In December, OpenAI took an ownership stake in Thrive Holdings,
00:41which acquires and operates companies it believes can benefit from artificial intelligence.
00:46Investments from NVIDIA, SoftBank, and Amazon are expected to lead the new round.
00:51For all things money, visit Benzinga.com.
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