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Thrive Holdings raises $2B to expand AI-driven services into physical asset management.

Market News
12 Aug 2026
TechCrunch
View Source
Bullish
Thrive Holdings raises $2B to expand AI-driven services into physical asset management.

Thrive Holdings secured $2 billion in funding at a $12 billion valuation from investors including SoftBank and D1 Capital Partners. The company integrates AI into traditional businesses, primarily in accounting and IT, and plans to expand into managing physical assets like infrastructure projects. Thrive’s close partnership with OpenAI, which includes embedding OpenAI employees in its portfolio companies, supports rapid AI adoption. The new funds will help launch a platform focused on regulatory services for physical infrastructure, aiming to streamline complex compliance and operational workflows with AI assistance.

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Royal Caribbean nears $3B deal for 50% stake in Sandals, valuing it at $6B

Royal Caribbean nears $3B deal for 50% stake in Sandals, valuing it at $6B

Royal Caribbean is close to securing a $3 billion deal to acquire a 50% equity stake in Sandals, valuing the Caribbean resort chain at $6 billion. This move aims to expand Royal Caribbean's presence in land-based vacations, complementing its cruise b...

Market News
Bearish
4 hours ago
Moov launches Moov Money, a P2P payment solution using Visa and Mastercard debit cards without app requirements.

Moov launches Moov Money, a P2P payment solution using Visa and Mastercard debit cards without app requirements.

Moov has introduced Moov Money, a real-time peer-to-peer payment service developed with Visa and Mastercard. This solution allows users to send and receive money through their digital banking provider using any eligible Visa or Mastercard debit card,...

Market News
Bullish
4 hours ago
Sui Mainnet launches GraphQL subscriptions for real-time blockchain data streaming

Sui Mainnet launches GraphQL subscriptions for real-time blockchain data streaming

Sui has introduced GraphQL subscriptions on its Mainnet, enabling developers to stream real-time blockchain data such as checkpoints, transaction blocks, and events through a single WebSocket interface. This upgrade replaces the older JSON-RPC system...

Protocol Fundamentals
Bullish
4 hours ago
Most altcoin holders face losses as Bitcoin outperforms with 28% gain over two years.

Most altcoin holders face losses as Bitcoin outperforms with 28% gain over two years.

Only 36 of the top 100 altcoins currently show profits for holders, while Bitcoin has risen about 28% in the past two years. The altcoin market has struggled since an October 2025 liquidation event, with many tokens trading well below their 200-day a...

Market News
Bearish
4 hours ago
Apple plans a new screen-less fitness tracker to rival Whoop, launching possibly by 2028.

Apple plans a new screen-less fitness tracker to rival Whoop, launching possibly by 2028.

Apple is developing a new screen-less fitness tracker, described as a thin fabric band with sensors, to compete with Whoop. The product is still in the exploratory phase, with prototypes made, and is not expected to launch before 2028. This new devic...

Market News
Neutral
4 hours ago
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