Thrive Capital invests about $1 billion in OpenAI as of February 25, 2026

On February 25, 2026, Thrive Capital committed roughly $1 billion to OpenAI. In December, the firm agreed to a deal at a $285 billion valuation, and OpenAI is now raising up to $800 billion, implying Thrive's position could approach triple its entry. Thrive also closed its Thrive X fund at over $10 billion, nearly twice its prior vehicle.