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 X and seem to live
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 bets on Lyft, Reddit, Sweetgreen,
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 away in 2022 after fast-rising
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, is in late-stage talks to
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 CEO for more than four
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, alleging the AI lab conducted
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 enthusiasm toward a gargantuan valuation
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 about who actually built it.
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 run rate — a projection
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 popped in July when Stripe