Thrive Holdings, backed by OpenAI, to acquire home security firm ADT in $15.3B deal
Thrive Holdings, an investment firm backed by OpenAI, has agreed to buy home security company ADT in a transaction valued at $15.3 billion. The acquisition is intended to bring artificial intelligence capabilities into ADT's home security operations. The source article does not provide further details on timing, deal terms beyond the valuation, or regulatory steps. The announcement signals growing interest in applying AI to traditional consumer security services.
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