Thrive Holdings acquired ADT for $15.3 billion to integrate AI

OpenAI-backed Thrive Holdings has entered into an agreement to acquire ADT. The deal is valued at $15.3 billion.

The primary goal of the acquisition is stated to be the integration of artificial intelligence into the home security sector. The investment firm plans to overhaul traditional security systems to utilize modern algorithms and automated solutions.

The deal combines the capabilities of a major investor with one of the largest players in the security systems market. Such mergers demonstrate a trend of physical infrastructure transitioning under the management of AI technologies.