Scratch my back and I'll scratch yours. OpenAI says that it has taken an undisclosed ownership stake in Thrive Holdings, the management-focused offshoot of private equity heavyweight Thrive Capital, which itself is a major investor in the ChatGPT maker. "This partnership with Thrive Holdings is about demonstrating what's possible when frontier AI research and deployment are rapidly deployed across entire organizations to revolutionize how businesses work and engage with customers," Brad Lightcap, COO of OpenAI said, according to a canned statement that accompanied the news.
And so earlier this year, Lereya kicked off "AI Month," a four-week initiative of dedicated programming that included 17 workshops, 22 speakers, and 71 working demos, the latter presented by the company's employees. The demos were all real tools that placed AI at the center of how work could be done to improve internal workflows or to make Monday.com's customer products even better.
EliseAI Raises $250M in Series E funding New York City-based EliseAI is focused on automating systems in healthcare and housing. For healthcare, it offers a platform that automates conversations with patients over voice, email, text and chat. It also helps schedule appointments with doctors, and sends alerts about billing and payment. Its Series E round was led by Andreessen Horowitz (a16z) and included participation from Bessemer Venture Partners, Sapphire Ventures and Navitas Capital.
When people envision the future of work, they picture cleaner dashboards, sleeker interfaces, and smarter notifications. But here's what teams actually need: software that doesn't just help them manage work, it executes the work. Over the past two decades, we've built robust systems to track, assign, and visualize tasks, and they've transformed how teams operate. But even the most organized teams still face the same fundamental challenge: They're managing work, not eliminating it.