Traive Capital, linked to Kushner, invests $215M in Amazon

Thrive Capital, the firm owned by Josh Kushner, announced that it held an approximately $215.5 million stake in Amazon as of the end of June, including 904,038 shares. This move is part of its strategy to strengthen investments in technology and artificial intelligence companies. This step comes amid Amazon's market value rising to more than $3 trillion, supported by strong financial results and increased demand for its AI-driven cloud services. Thrive Capital continues to invest in companies such as Vimgar, Oscar Health, and Shopify, with its stake in SpaceX valued at around $3.23 billion. Previously, it raised over $10 billion for its new fund dedicated to emerging and advanced technology startups.

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