[OpenAI-backed Thrive Holdings Acquires ADT for $7.6 Billion, Total Enterprise Value Reaches $15.3 Billion] According to TechCrunch, on October 30th, Thrive Holdings, an investment holding company backed by OpenAI, announced the acquisition of physical security company ADT for $10 per share, representing an equity value of approximately $7.6 billion, bringing the total enterprise value of the transaction to $15.3 billion. Thrive Holdings is a holding company spun off from Thrive Capital. OpenAI serves as its partner and investor, providing its subsidiaries with AI models, technology, and on-site engineers to drive the AI transformation of traditional enterprises. Following the acquisition, ADT will become the foundation of Thrive Holdings' smart home security business. The company plans to increase investment and launch AI-driven security products, but specific products have not yet been announced.