TechCrunchby Julie Bort
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OpenAI-backed Thrive Holdings acquires ADT

OpenAI-backed Thrive Holdings acquires ADT

OpenAI-backed Thrive Holdings announced the acquisition of ADT in a $15.3 billion deal, with plans to integrate AI into home security.

Key points

  • •OpenAI-backed Thrive Holdings announced the acquisition of ADT
  • •The deal is valued at $15.3 billion
  • •The company plans to bring AI technology to the home security business
#AI Companies & Funding#Business Use Cases#Thrive Holdings#ADT
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