Generative AI energy requirements spark concern | Redfin chief economist on the housing market

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TODAY'S TOP STORIES

ChatGPT and other generative AI technologies are impressive on the surface, but there is concern over the amount of underlying energy needed to create and operate these systems. GeekWire reporter Lisa Stiffler met with Sajjad Moazeni (above), assistant professor of electrical and computer engineering at the University of Washington, to learn about what researchers are doing to help make generative AI models more energy efficient. Read the story

T-Mobile job cuts: The Seattle-area wireless giant is laying off 7% of its workforce, or about 5,000 employees. Read the memo from CEO Mike Sievert

Melinda French Gates and MacKenzie Scott are among donors pledging $45 million to Seattle’s waterfront transformation. Read more

Redfin economist on the housing market: We interviewed Daryl Fairweather (above), chief economist at the Seattle real estate company, to get her take on mortgage rates, housing affordability, and how climate risks impact home purchasing. Read more

The successful touchdown of India's Vikram moon lander for the Chandrayaan-3 mission touched off a wave of national pride that rolled from Mission Control all the way to Microsoft CEO Satya Nadella. Read more

Seattle startup Irreverent Labs raised cash from Samsung’s VC arm after halting development of an NFT-based video game and pivoting to a new focus on AI models that can generate video. Read more

Hot Links:

  • Microsoft President Brad Smith offers a blueprint for regulating AI in India. (Microsoft blog)

  • Amazon is among the investors in a $235 million round for Hugging Face, a platform for AI developers. (CNBC)

  • Thursday Night Football is getting a boost from Amazon’s AI tools to enhance the viewing experience for football fans. (The Verge)

Thanks for subscribing to the GeekWire newsletter, and have a great day. — GeekWire Managing Editor Taylor Soper, taylor@geekwire.com.
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T-Mobile will lay off 5,000 employees, 7% of workforce — read CEO’s memo

Thursday, August 24, 2023

Breaking News from GeekWire GeekWire.com | View in browser BREAKING NEWS T-Mobile is laying off close to 5000 employees, mostly in corporate roles, as it looks to streamline its operating model and

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