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THIS WEEK'S TOP STORIES

University of Washington researchers develop smaller, cheaper form of LiDAR technology
Devices that move and operate in physical space need sensors to read their environment.
Forced exit: Startup founders seek M&A deals amid funding slowdown
When Rebekah Bastian set out to raise funding for her startup in April, she had less than two months of cash runway left on her balance sheet.
How this publicly traded manufacturing giant is testing generative AI business ideas
In the race to build generative artificial intelligence applications, it can be difficult for larger corporations to keep pace with nimble startups that can often test and experiment more rapidly.
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We’re all experiencing a real-time revolution with the rise of generative AI. The opportunity is huge—but it requires a new approach to cloud computing. Organizations are already leveraging Google Cloud’s AI capabilities to unlock data, lower costs, embrace hybrid work, and protect against threats.

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Founder reflects on lessons learned after closing startup: ‘Jump in, test a lot, don’t quit your day job’
Lalo, a Seattle startup that helped families create digital memorials for loved ones by storing digital content, is shutting down after two years.
Tech Moves: Allen Institute for Immunology hires EVP; Microsoft CVP to depart; and more
— Allen Institute for Immunology hired Ananda Goldrath as executive vice president.
OceanGate suspends all exploration and commercial operations
Everett, Wash.-based OceanGate says it has suspended exploration and commercial operations following the loss of the company’s Titan submersible and its five-person crew during their dive to the Titanic shipwreck last month.
Startup led by former Seagen CEO Clay Siegall merges with public company in $125M deal
Morphimmune, a biotech company led by former Seagen CEO Clay Siegall, is merging with a public biotech company, Immunome, in a deal boosted with $125 million from private investors.
Amazon CEO Andy Jassy on making AI chips, Prime Video spend, speeding up shipping
Amazon CEO Andy Jassy spoke with CNBC for a wide-ranging interview about AI, Prime Video, and more.
Seattle-area office market ‘continues to struggle’ with rising vacancies and hybrid work policies
Seattle-area office vacancy rates have more than doubled from pre-pandemic levels, reflecting the ongoing impact of macroeconomic uncertainty and work-from-home policies on the region’s reeling commercial real estate sector.
Seattle-area Space Summit features NASA leader and hints at new manufacturing institute
Sen. Maria Cantwell and NASA Administrator Bill Nelson met Wednesday at the Washington State Space Summit to hash out what’s needed to grow and strengthen the Pacific Northwest’s aerospace industry — including a potential new manufacturing institute.
Analyst: Microsoft will join $3 trillion club next year, fueled by ‘AI monetization’
Microsoft will join Apple and hit a $3 trillion valuation by early 2024, according to Dan Ives, an analyst with Wedbush.
Seattle startups among winners in BECU and CoMotion fintech incubator competition
The BECU Fintech Incubator named three companies that won its fifth annual competition, including two from the Seattle region.
Amazon now has more than 5,000 electric delivery vehicles in the U.S.
Amazon announced Thursday that it has more than 5,000 Rivian electric delivery vehicles on the road across more than 800 U.S.
Reality check: Intelligent machines and the future of the automated workforce
[Editor’s Note: This guest commentary is by technology industry veteran Kathy Gill, a writer, web developer and instructor focusing on communications and user experience.] We humans have survived disruptions like the printing press, the telegraph and mobile phones.
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Wednesday, July 5, 2023

Read the top tech stories so far this week from GeekWire Top stories so far this week Microsoft releases preview of AI-powered Windows Copilot, aiming to change how people use PCs For more than four

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