OpenAI-backed Thrive Holdings acquires ADT

Resumen del corpus

Thrive Holdings, a spin-out backed by OpenAI and the venture capital firm Thrive Capital, has acquired the physical security company ADT for $7.6 billion. The acquisition is part of Thrive Holdings' mission to revitalize companies with AI. OpenAI provides AI models and engineers to support Thrive's portfolio, with plans to launch new AI-driven security products, positioning ADT as the foundation for Thrive's smart home security business.