OpenAI announced an ownership stake in private‑equity firm Thrive Holdings, a move that involves no cash outlay but provides Thrive’s portfolio companies with OpenAI employees, models, products, and services. The partnership focuses on transforming high‑volume, rules‑driven processes in IT services and accounting, aiming to boost speed, accuracy, and cost efficiency. Thrive CEO Joshua Kushner highlighted AI’s potential to reshape industries from the inside out, while OpenAI’s leadership described the deal as a new model for collaboration with private‑equity groups. The arrangement also gives OpenAI access to data that could enhance future AI training. Leia mais →

Private equity deal activity peaked in 2021, with total values breaching the $1 trillion mark and average deal sizes topping $1 billion. Since then, many high‑profile tech firms have seen valuations tumble dramatically, yet investors continue to pour capital into speculative AI ventures. The Builder.ai saga illustrates how deep pockets without sector expertise can lead to costly missteps, prompting a call for more specialist, knowledge‑driven investing. A new “Hot Crazy Matrix” framework highlights the danger of large, generic funds chasing hype and the advantage of niche operators who combine size with expertise. Leia mais →