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

Insight Partners’ Devin Parekh opens up about losing Legora to General Catalyst, why he’s fine holding stakes in rival AI labs, and why — even as everyone else piles into OpenAI and Anthropic — his $90 billion firm is deliberately staying diversified.

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Trump and Mike Johnson think the AI industry is overreacting

Yesterday, Anthropic CEO Dario Amodei published a lengthy open letter saying it was time to “pace the frontier” and slow down AI development. OpenAI’s Sam Altman and Elon Musk both agreed, publicly voicing their support on X. Even Alphabet’s Demis Hassabis offered tentative support for Amodei’s proposal. Donald Trump and House Speaker Mike Johnson, however, […]

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Apple is reportedly working on iPhone game controllers

Bloomberg’s Mark Gurman says Apple is developing two game controllers for the iPhone and will likely sell them under the Beats brand. Rumors that Apple might enter the game controller business have circulated for some time. But last week, MacRumors reported finding two references in macOS 26.7’s code to two game controllers identified as first-party […]

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Z.ai raises $5bn in Hong Kong including $3bn of zero-interest bonds

Z.ai, the Chinese model developer listed in Hong Kong as Zhipu, has raised about $5bn in a single move. Roughly $2bn came from placing 21.97 million new shares at HK$714, about 10 percent below the previous close. The other $3bn came from RMB 20.14bn of convertible bonds maturing in September 2027, and those bonds carry […]

This story continues at The Next Web

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