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OpenAI-backed Thrive Holdings acquires ADT

OpenAI-backed Thrive Holdings is acquiring home security company ADT in a $15.3 billion deal, with plans to integrate AI into its home security operations. The acquisition marks a significant move by an AI-focused firm to modernize a legacy security provider.

Background

ADT is one of the largest residential and commercial security companies in the US. Thrive Holdings is an investment firm backed by OpenAI co-founder Greg Brockman.

Source
TechCrunch
Published
Oct 30, 2026 at 03:56 AM
Score
6.0 / 10