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Insight Partners co-managing partner Devin Parekh stated that despite OpenAI and Anthropic raising approximately half of all VC funding in the first half of this year, their fund, which manages $90 billion in assets, continues to adhere to a diversified investment strategy.
Insight Partners Co-Head Devin Parekh stated at TechCrunch's StrictlyVC event that the firm maintains a diversified investment strategy, holding stakes in OpenAI and Anthropic, which contrasts with many VCs focused solely on frontier AI labs. Parekh noted that OpenAI and Anthropic raised approximately half of all VC funding in the first half of this year. He also believes AI risks are manageable and emphasized its significant potential in drug development and healthcare.
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