OpenAI-backed Thrive Holdings acquires ADT
As a partner, OpenAI supplies AI models and tech as well as people, otherwise known as forward-deployed engineers, to Thrive’s companies.
Neither ADT nor Thrive announced what new AI-powered security products they will be releasing, but they did tease that the plan was to invest and release new products. “ADT will form the foundation of Thrive Holdings’ smart home security business,” the press release said.
AI-powered physical security is having a moment right now. Apple just entered the field with a new line of smart home and home security products in collaboration with LG and Schneider Electric. Amazon updated its smart home line, including new AI-powered home cameras. ADT already partners with Apple and Google and is expected to continue to do so. And who knows what the future might bring? Some startups are offering AI dog robots as roving security guards.
Note: This story was updated to include ADT’s current partnerships and to describe Thrive Holdings as a holding company.
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