Thrive Holdings, a spinoff of Thrive Capital, commits $1B to acquire local accounting firms through its subsidiary, Current, and use AI to automate them (Anna Tong/Forbes)

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Thrive Holdings committed $1 billion to acquire accounting firms through Current and automate them with AI.

Categories: Money & Moves

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<a href="https://www.forbes.com/sites/annatong/2026/06/02/thrive-holdings-to-bet-1-billion-on-ai-powered-accounting-roll-up/"><img align="RIGHT" border="0" hspace="4" src="http://www.techmeme.com/260602/i44.jpg" vspace="4" /></a> <p><a href="https://www.techmeme.com/260602/p44#a260602p44" title="Techmeme permalink"><img height="12" src="http://www.techmeme.com/img/pml.png" style="border: none; padding: 0; margin: 0;" width="11" /></a> Anna Tong / <a href="http://www.forbes.com/">Forbes</a>:<br /> <span style="font-size: 1.3em;"><b><a href="https://www.forbes.com/sites/annatong/2026/06/02/thrive-holdings-to-bet-1-billion-on-ai-powered-accounting-roll-up/">Thrive Holdings, a spinoff of Thrive Capital, commits $1B to acquire local accounting firms through its subsidiary, Current, and use AI to automate them</a></b></span>&nbsp; &mdash;&nbsp; In Thrive Holdings' live-fire testing ground, self-improving AI models are achieving up to 98% data-entry accuracy &hellip; </p>