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"They have always been incredibly independent and their lives didn't revolve around each other.
RELATED CONTENT: Jamie Foxx Holds Hands With Singer Sela Vave During Night Out in L.
Though the A-list actors didn’t arrive together at the camp-themed affair, they posed in close proximity with rapper Cardi B and her enormous Thom Browne gown, as well as for group shots flanking fellow attendees Gia Coppola, Vito Schnabel, Jourdan Dunn, Zac Posen, Nina Dobrev, Andrew Garfield and Julia Garner, all of whom were dressed in Posen looks and sat at the designer’s table.
Holmes wore a custom purple-hued gown adorned with pearlescent palm leaves created by her longtime pal.
"They are just both caught up with their own families, careers and obligations that their relationship had to take a back seat," the source says. News of the actors' split comes after Foxx was spotted holding hands with singer Sela Vave while out in Los Angeles over the weekend.
While the photos spurred relationship rumors, a source tells ET that Vave is a singer-songwriter Foxx is helping.