OpenAI-backed Thrive Holdings acquires ADT for $7.6B to bring AI

Business Oct 30, 2026

Thrive Holdings, with backing from OpenAI, has snapped up security giant ADT for $7.6 billion (that's $10 per share).

The move, announced on Thursday, October 29, 2026, is all about bringing advanced AI into the world of smart home security, though they're keeping details on new products under wraps for now.

ADT anchors Thrive smart home strategy

With this deal, ADT will anchor Thrive's push into smart home security, a space heating up as Apple and Amazon roll out their own AI-powered systems.

It's a big step in Thrive's plan to make next-gen tech a standard part of staying safe at home.