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

September 13, 2026 Connie Loizos

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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Larry Ellison cancels $7.5 billion sale of Oracle stock
Larry Ellison cancels $7.5 billion sale of Oracle stock

Oracle had previously disclosed that Ellison planned to sell 50 million shares worth around $7.5 billion.

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