---
title: "Thrive Capital invests $100M in Shopify in rare public-market bet on AI commerce"
url: https://daily.dev/posts/thrive-capital-invests-100m-in-shopify-in-rare-public-market-bet-on-ai-commerce-ssvtx7sib
source_url: https://thenextweb.com/news/thrive-capital-shopify-public-market-ai-commerce
type: article
source: "The Next Web"
published: 2026-05-14T21:33:28.540Z
updated: 2026-05-14T21:33:54.602Z
tags: ["venture-capital", "openai", "shopify"]
reading_time: 5
upvotes: 0
comments: 0
language: en
---

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# Thrive Capital invests $100M in Shopify in rare public-market bet on AI commerce

**[The Next Web](https://daily.dev/sources/tnw)** · 5 min read · 0 upvotes · 0 comments

## Summary

Thrive Capital, the venture firm behind OpenAI and Stripe, has taken a $100 million stake in Shopify — a rare public-market move for a VC firm. With Shopify's stock down roughly 40-46% from its highs after weaker Q2 guidance, Thrive frames the investment as a bet on AI-driven commerce. Shopify's 'agentic commerce' initiative, which lets merchants surface products inside AI chat platforms like ChatGPT, saw AI-driven orders grow 15x year-on-year in 2025. The move reflects a broader trend of VC firms crossing into public equities as private valuations soar and IPO timelines stretch. Thrive previously made $522M on a contrarian Carvana trade using a similar logic.

## Full article

daily.dev links to this article rather than hosting it. Read it at the original source: <https://thenextweb.com/news/thrive-capital-shopify-public-market-ai-commerce>

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---

Tags: [#venture-capital](https://daily.dev/tags/venture-capital), [#openai](https://daily.dev/tags/openai), [#shopify](https://daily.dev/tags/shopify)

[View this post on daily.dev](https://daily.dev/posts/thrive-capital-invests-100m-in-shopify-in-rare-public-market-bet-on-ai-commerce-ssvtx7sib)