TECH

Insight Partners’ Deven Parekh on why the firm is diversifying while everyone else bets the farm on OpenAI and Anthropic

Deven Parekh has co-run the heavyweight investment firm Insight Partners for 26 years. Unlike many VCs who are loud on…

1 month ago

Thrive Capital led VCs into pro sports ownership; Collaborative Fund just upped that play

Collaborative Fund, the 15-year-old, New York-based generalist venture firm that has roughly $1 billion under management and which made early…

1 month ago

Eric Wu’s newest company, out of stealth since May, is going after construction’s labor crunch

Eric Wu built and ran Opendoor, one of the more ambitious real estate startups of the last decade, before stepping…

1 month ago

XDOF, just three months out of stealth, is in talks for a Series B at a $1.2B valuation

Less than three months after emerging from stealth, XDOF, a startup that collects real-world teleoperation data for training general-purpose robots,…

1 month ago

Larry Page’s flying car company Pivotal loses its CEO

The CEO of a flying car company backed by Larry Page has left the company. Ken Karklin, who was Pivotal’s…

1 month ago

Sony Music, Warner sue Anthropic, alleging a “brazen campaign” of intellectual property theft

Sony Music Publishing, Warner Chappell and numerous other music publishers have sued Anthropic and co-founders Dario Amodei and Benjamin Mann,…

2 months ago

Viral AI startup Instinct has raised $350 million at a $2.5 billion valuation

Instinct, a startup founded only last year and helmed by a 23-year-old, has managed to ride the wave of AI…

2 months ago

Who’s behind the new ‘stealth model’ Ox Alpha?

A mysterious new AI model called Ox Alpha has driven certain corners of the internet into a frenzy of speculation…

2 months ago

Anthropic’s annualized revenue surges to $65B

Anthropic’s revenue continues to not only grow at an historic pace but also to accelerate. The model maker’s annualized revenue…

2 months ago

Talks to sell PayPal to Stripe and Advent are heating up

PayPal CEO Enrique Lores’ turnaround plan for the fintech company could include a sale — of itself. The prospect first…

2 months ago