Thrive will use the AI-maker's tech in its managed services and accounting businesess

Scratch my back and I'll scratch yours. OpenAI says that it has taken an undisclosed ownership stake in Thrive Holdings, the management-focused offshoot of private equity heavyweight Thrive Capital, which itself is a major investor in the ChatGPT maker.

“This partnership with Thrive Holdings is about demonstrating what’s possible when frontier AI research and deployment are rapidly deployed across entire organizations to revolutionize how businesses work and engage with customers,” Brad Lightcap, COO of OpenAI said, according to a canned statement that accompanied the news.

Reading between the lines, OpenAI will ingratiate its products into Thrive Holdings’ stable of accounting and managed service provider businesses in a bid to show how it can provide value in enterprise workflows. In June, Thrive Holdings spent $100 million to stand up an umbrella group that sells IT services under the name Shield Technology Partners, which is made up of the IT ...