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Kushner’s Thrive Capital invests $100M in Shopify, Bloomberg says

Joshua Kushner’s Thrive Capital, best known for bets on startups like OpenAI, informed its stakeholders that it has invested about $100M for a stake in Shopify (SHOP), people familiar with the matter told Bloomberg’s Natasha Mascarenhas. The investment is framed as a bet on how artificial intelligence could lead to gains in commerce, said the sources.

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