OpenAI-backed Thrive Holdings acquires ADT
Summary
Thrive Holdings, a firm backed by OpenAI, is acquiring ADT for $15.3 billion. The transaction aims to integrate artificial intelligence technology into the home security industry.
OpenAI-backed Thrive Holdings is buying ADT in a $15.3 billion deal, with plans to bring AI to the home security business.
Source: Read the full story at TechCrunch
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