Seattle councilmember proposes capital gains tax | Tech Moves

Washington state’s controversial capital gains tax went into effect earlier this year after a legal challenge. Now a similar tax could come to Seattle if one lawmaker gets his way. (Visual above via Seattle City Council blog)

All-cash home purchases are on the rise due in part to rising mortgage rates, according to a new report from Redfin.

Rivian is set to join Tesla and Lucid in Seattle’s University Village shopping center with a showroom for the electric vehicle maker. Read more. 

The plants have filled in and employees are filing in to Amazon’s Spheres, five years after the unique office space opened in Seattle. See the photos. 

Tech Moves: Former Philips CEO joins Absci board; AWS exec departs; and more key personnel changes. 

Hot links:

• Seattle weed zapping startup Carbon Robotics, fresh off a GeekWire Awards win, is in the national spotlight. (NBC News) 

• Bay Area tech entrepreneurs who left during the pandemic are coming back, drawn by the AI boom. (New York Times)

• Oren Etzioni, founding CEO of the Allen Institute for AI, talks about what needs to be done to prevent malicious use of AI. (Crosscut)