AI Firm Thrive Agrees to Buy Security Company ADT

Thrive Holdings, which buys companies and applies artificial intelligence (AI, software that learns from data), has agreed to pay cash for security company ADT. The price is $15.3 billion including debt, or about $7.6 billion for the shares. Closing is expected in the first quarter of 2027. SoftBank is among the investors that have shown interest in Thrive.