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Thrive Capital invests in Amazon
Thrive Capital has surpassed direct investments by acquiring a $215 million stake in Amazon, reflecting its desire to diversify its portfolio of publicly traded stocks. This move is part of the company's efforts to strengthen its presence in the technology sector and benefit from Amazon’s role in advancing smart shopping technologies and sophisticated computing infrastructure. It is worth noting that Thrive Capital previously invested primarily in tech startups such as SpaceX, Stripe, and OpenAI, and has partnership relations with Amazon.
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