OpenAI just took an ownership stake in Thrive Holdings to fast-track enterprise AI adoption. Instead of merely selling API access, OpenAI will embed its own research and engineering teams directly inside Thrive's portfolio companies, starting with workflow-heavy operations like accounting and IT services to build a repeatable transformation playbook.
Sam Altman is officially returning to OpenAI as CEO, ending a chaotic five-day boardroom coup. Co-founder Greg Brockman is coming back as well, alongside a freshly overhauled board featuring Bret Taylor and Larry Summers. The dramatic reversal follows intense employee revolt and investor pressure, with both sides agreeing to an independent investigation into the whole saga.
Founders Fund and Thrive Capital are in talks to buy OpenAI shares from existing holders in a tender offer valuing the startup at up to $29 billion. That would more than double its $14 billion valuation from 2021, driven by the massive viral boom of ChatGPT.
