Articles from 2024 – Page 24 of 56

Bill Gates’ Breakthrough Energy is raising another big fund for clean energy and climate investing

Breakthrough Energy Ventures, the climate-focused initiative launched by Microsoft co-founder Bill Gates, is raising its third fund. A new SEC… Read More

Amazon looks to reduce costs to compete more aggressively on price as consumer habits shift

Amazon is making a concerted effort to lower its costs, aiming to offer more products at a lower average selling… Read More

Amazon sales come up short, profits nearly double

Amazon’s sales fell short of Wall Street’s estimates but profits exceeded expectations in the company’s second quarter results, released Thursday… Read More

Inside Seattle’s newest co-working space, where Centrl Office is taking over former WeWork location

Centrl Office is open for business in Seattle. The Portland-based co-working company moved into its first location in the city,… Read More

Samsung, Salesforce invest in $60M round for Seattle cybersecurity startup Protect AI

Seattle cybersecurity startup Protect AI is on a roll. The company on Thursday announced a fresh $60 million round. Evolution Equity Partners… Read More

Seattle startup studio Pioneer Square Labs recruits tech experts for new advisory board

Pioneer Square Labs is tapping some of Seattle’s leading technology researchers and innovators with the creation of a new advisory… Read More

Startup 425, a program supported by Seattle-area cities, launches new accelerator

Startup founders in the Seattle region have another accelerator option to help jumpstart their businesses. Startup 425, a non-profit funded… Read More

Protein design startup Outpace lands $144M to test treatments that target solid tumors

Outpace Bio, a Seattle startup using artificial intelligence to design proteins that are incorporated into cancer therapies targeting solid tumors,… Read More

Tech Moves: CFO shuffles at Remitly and F5; Flexport exec joins DoorDash; and more

Seattle-based digital financial services firm Remitly hired Vikas Mehta as its new chief financial officer, the company announced Wednesday. Mehta… Read More

‘Stay human’: Pope Francis’ AI advisor on the opportunities and challenges posed by latest tech

Tech organizations and religious institutions are uncommon collaborators — and perhaps even more so in Seattle, which according to the… Read More

Seattle startup Gable raising another round to help developers and data teams work together

Gable, a Seattle startup building software to help developers and data analysts collaborate more effectively, is raising fresh cash to… Read More

Fusion startup Zap Energy is raising more cash to develop commercially viable power

Fusion company Zap Energy is raising a huge new investment — nearly $130 million — according to an SEC filing… Read More

Boeing chooses its next CEO — and he will reportedly be based back in Seattle

Opening up a new chapter in its century-long history, Boeing says its next CEO and president will be Kelly Ortberg,… Read More

Bungie lays off 220 employees; CEO says studio was ‘overly ambitious’ in memo detailing miscues

Bellevue, Wash.-based game developer Bungie announced Wednesday that it is laying off approximately 17% of its workforce, or 220 roles.… Read More

Amazon develops new AI model for ‘Just Walk Out’ as it accelerates rollout to third-party stores

Amazon has developed a new AI model for its “Just Walk Out” technology to streamline the process of tracking shoppers’… Read More

Mark Cuban, Reid Hoffman, Vinod Khosla sign ‘VCsforKamala’ pledge started by Seattle investor

A new initiative led by Seattle venture capitalist Leslie Feinzaig — aiming to garner support for presidential hopeful Kamala Harris — has… Read More

Protect AI makes another acquisition, swooping up security startup SydeLabs

Seattle cybersecurity startup Protect AI announced that it acquired SydeLabs, a Bangalore, India-based startup founded last year that helps companies secure their… Read More

After launching aQuantive and Pioneer Square Labs, Mike Galgon backs a different kind of entrepreneur

Mike Galgon knows a few things about successful entrepreneurs. As co-founder and former chief strategy officer of aQuantive, the online… Read More

Steve Ballmer launches ‘Just the Facts’ video series to better inform American voters on key issues

Ahead of the 2024 election, USAFacts founder and former Microsoft CEO Steve Ballmer is launching a new video series called… Read More

Federal regulator rules that Amazon is responsible for faulty products sold by third-party merchants

In a decision that could have major ramifications for Amazon’s e-commerce business, a federal regulator ruled Tuesday that the tech… Read More

Microsoft capital spending soars to $19B, betting big on AI, as Azure growth underwhelms Wall Street

Microsoft reported $19 billion in quarterly capital expenditures, racing to expand and update its data center infrastructure to keep up… Read More

Part bike, part scooter, Lime will debut new ‘LimeGlider’ seated electric vehicle in Seattle

Lime is bringing another new micromobility device to Seattle, choosing the city as the location for the global debut of… Read More

Microsoft will give employees a special one-time cash award on top of annual bonuses

Microsoft told employees Tuesday that it will provide them with a special one-time cash award amounting to an additional 10%… Read More

Swedish maritime battery startup opens first U.S. outpost in Washington state

Echandia, a Swedish startup making batteries and electronics to power maritime vessels, is opening a manufacturing and sales facility in… Read More

Covid-era whiz kid is back, and he brought a Friend — a wearable, always listening, $99 AI companion

A friend might have your back, or always be by your side. Avi Schiffmann’s Friend is around his neck. Schiffmann,… Read More

Amazon earnings preview: Analysts eye AI monetization

Amazon will report earnings on Thursday, joining other tech giants lifting the hood on financial performance for the second quarter.… Read More

Amazon Web Services AI leader on the future of large language models and autonomous agents

The old saying in tech is that companies date their computing vendor, and marry their database vendor. So are AI… Read More

Seattle tech vets launch ‘Spok,’ an AI copilot that aims to streamline marketing tasks

A marketer’s job often involves hours and days doing competitive analysis and gathering strategic insights before launching campaigns. A pair… Read More

DoorDash adding more delivery fees ‘to remain operationally sustainable’ in Seattle

DoorDash said it will add new delivery fees for orders in Seattle, blaming “inaction” from the City Council related to… Read More

Comparison of simulated imagery, natural vs. artificial

Elon Musk’s claims about brain implants for artificial vision get a reality check

If Elon Musk’s Neuralink brain-implant venture succeeds in its effort to create next-generation brain implants for artificial vision, the devices… Read More