Thrive Capital bets $100 million on Shopify, because sometimes the best AI trade is a beaten-down stock

The Next Web
By Cristian DinaMay 14, 2026, 4:53 pm203 ptsTrendingTop
Joshua Kushner’s Thrive Capital has taken a roughly $100 million stake in Shopify, according to Bloomberg, which cited people familiar with the matter. The investment is notable less for its size, $100 million is a rounding error in a firm that raised more than $10 billion for its latest fund, than for what…

Read Article Share
Share Article
- email
- x.com
- facebook
- pocket
- reddit
- tumblr
- linkedin
- pinterest

Trending Today on Tech News Tube

Tencent eyes Chinese ASIC ramp in 2H26

Digitimes

Tencent eyes Chinese ASIC ramp in 2H26 123

Tesla now forces drivers to give feedback when intervening on ‘Full Self-Driving’

Electrek

Tesla now forces drivers to give feedback when intervening on ‘Full Self-Driving’ 122

New figures claim ChatGPT usage at 'all-time low' as

TechRadar

New figures claim ChatGPT usage at 'all-time low' as "QuitGPT" movement dents popularity — with Gemini, Perplexity, and Copilot all stealing market share 122

The Real Losers of the Musk v. Altman Trial

Wired

The Real Losers of the Musk v. Altman Trial 118

A lot of musicians will be infuriated by this 'world's first generative AI guitar', but I think its automatic tabulation and learning features sound genuinely smart — but only if the AI's ethical

TechRadar

A lot of musicians will be infuriated by this 'world's first generative AI guitar', but I think its automatic tabulation and learning features sound genuinely smart — but only if the AI's ethical 118

NYT Connections hints and answers for Friday, May 15 (game #1069)

TechRadar

NYT Connections hints and answers for Friday, May 15 (game #1069) 116

SpaceX Unveils Sweeping Starship V3 Upgrades

Slashdot

SpaceX Unveils Sweeping Starship V3 Upgrades 110

Samsung strike risk lifts memory spot prices as supply risks mount

Digitimes

Samsung strike risk lifts memory spot prices as supply risks mount 107

About Tech News Tube

Tech News Tube is a real time news feed of the latest technology news headlines.

Follow all of the top tech sites in one place, on the web or your mobile device.

Featured

Analysis: Mythos sparks access fight as…

Analysis: Mythos sparks access fight as AI models become strategic assets

Broadcom loses South Korea appeal over…

Broadcom loses South Korea appeal over fine for alleged coercive Samsung supply…

Musk Accused of 'Selective Amnesia',…

Musk Accused of 'Selective Amnesia', Altman of Lying As OpenAI Trial Nears End

Lei Jun, Musk and Cook converge at…

Lei Jun, Musk and Cook converge at China-US state dinner

Foxconn moves from validation to…

Foxconn moves from validation to commercialization with AI servers, robots, EVs…

Hua Hong Semiconductor strategy focuses…

Hua Hong Semiconductor strategy focuses on AI demand and specialty tech…

SMIC refocuses on capital investment…

SMIC refocuses on capital investment over dividends as AI boom reshapes demand

Quanta hits record revenue but margin…

Quanta hits record revenue but margin pays the price for AI server ramp

Foxconn's operating profit jumps 63% as…

Foxconn's operating profit jumps 63% as AI server scale offsets seasonal dip

Applied Materials posts 25-year margin…

Applied Materials posts 25-year margin high as agentic AI drives equipment boom