The departure of the senior stock picker was one of several leadership changes ahead of Mr. Buffett’s planned departure as chief executive of Berkshire Hathaway.
The fund-raising effort, the company’s third this year, values it at $11 billion, and comes amid stiff competition in the increasingly popular industry.
The move by the parent company of ChatGPT is meant to help imbue Thrive Holdings’ accounting and I.T. services companies with artificial intelligence tools.