Thrive Capital, the venture firm founded by Joshua Kushner, has bought roughly $215 million worth of Amazon shares, according to Bloomberg. The position was disclosed in a regulatory filing on Friday and extends the firm’s move into public-market investing. The investment gives Thrive exposure to one of the large-cap companies tied to the artificial intelligence trade, with Amazon benefiting through agentic AI shopping tools and its computing infrastructure offerings for other businesses. Earlier this month, Amazon’s market value topped $3 trillion for the first time, making it the fifth company to reach that mark. Thrive declined to comment, while an Amazon representative did not immediately respond to a request for comment. Thrive is widely known for early bets on companies including SpaceX, Stripe and OpenAI. Bloomberg also noted that OpenAI has received backing from Amazon. The firm’s other public-market holdings include Figma Inc., Stubhub Holdings Inc. and Oscar Health, which Kushner co-founded and incubated.
Thrive Capital, the venture firm founded by Joshua Kushner, has bought roughly $215 million worth of Amazon shares, according to Bloomberg.
The stake was disclosed in a regulatory filing on Friday and continues Thrive’s push into public-market investing. The position gives the firm exposure to a large company that has benefited from artificial intelligence. Bloomberg said Amazon has gained from AI through agentic shopping tools and by providing computing infrastructure to other businesses.
Earlier this month, Amazon’s market capitalization rose above $3 trillion for the first time, becoming the fifth company to reach that milestone. Thrive declined to comment. An Amazon representative did not immediately respond to a request for comment.
Thrive is known for early investments in companies such as SpaceX, Stripe and OpenAI. Bloomberg noted that OpenAI has also received support from Amazon. The firm’s other public-market holdings include Figma Inc., Stubhub Holdings Inc. and Oscar Health, which Kushner co-founded and incubated.
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