OpenAI just made another circular deal

Published: (December 1, 2025 at 06:12 PM EST)
1 min read
Source: The Verge

Source: The Verge

Overview

OpenAI announced an ownership stake in the private equity investment firm Thrive Holdings, whose parent company, Thrive Capital, is one of the main investors in, you guessed it, OpenAI. While OpenAI did not spend money on the ownership stake, according to an anonymous source cited by The Financial Times…

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