New Delhi, Dec. 1 -- OpenAI has announced its plan to acquire a stake in Thrive Holdings, an investment fund established by Thrive Capital. In the agreement announced on Monday, OpenAI will collaborate with Thrive Holdings to accelerate the adoption of AI in businesses, beginning with accounting and IT services.

Thrive Capital, a major investor in OpenAI, established Thrive Holdings earlier this year to launch and acquire companies that can utilise artificial intelligence.

"The initial focus is accounting and IT services because these functions run high-volume, rules-driven, workflow-heavy processes where OpenAI's platform can drive immediate benefits," the company said in a statement.

OpenAI will integrate its research, product, and e...