United Kingdom, Dec. 2 -- OpenAI has taken a minority stake in Thrive Holdings, marking yet another tight, circular deal between the ChatGPT maker and one of its biggest financial backers.

In a joint announcement, OpenAI and Thrive Holdings said they will partner to accelerate enterprise adoption of AI across Thrive's portfolio, beginning with accounting and IT services.

As part of the deal, OpenAI will embed teams directly inside Thrive-owned companies to overhaul workflows with its latest models and "boost speed, accuracy, and cost efficiency".

Neither company disclosed the size of OpenAI's stake.

Thrive Holdings launched earlier this year as a spin-out investment vehicle from Thrive Capital, the firm run by Josh Kushner.

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