Capital spending soars in the cloud | Amazon makes AI assistant generally available

ADVERTISEMENT
SPONSOR MESSAGE: Washington state’s second-largest city is the hub of an ambitious regional tech community seeking to leverage new realities to achieve its longstanding goals: Read more.

TODAY'S TOP STORIES

The cost of AI: Tech giants are investing billions of dollars in technical infrastructure required to meet the demand for artificial intelligence services and products. But whether that demand will be worth the investment remains to be seen. In the meantime, companies are trying to control costs to avoid capital expenditures cutting significantly into profit margins. Read more.

Amazon made its Amazon Q AI assistant generally available as the company aims to help businesses and developers with generative AI-powered tools. It also released Q Apps, which gives non-developers the ability to create apps using natural language. Read more.

  • Amazon reports its first quarter earnings Tuesday — read our preview, and check GeekWire.com later today for updates.

Forget the text prompts, this AI startup built a tool that analyzes video and creates suitable music for the footage in seconds, saving time for content creators such as filmmakers. GenreX is being incubated at Seattle’s AI2 Incubator. Read more. 

Tableau will enable local file-saving for the free version of its data visualization software, addressing a longstanding request from Tableau Public users. It's one of several announcements at the company's annual conference today. Read more

An innovative battery startup and a Pacific Northwest tribe are partnering to manufacture long-duration energy devices housed inside modified shipping containers. Read more. (Above: Skip Tech engineering leader Madisen McCleary makes a hydrophobic coating for the interior of a flow cell for the startup’s hydrogen bromine batteries)

Vancouver, .B.C.-based startup Bioform Technologies raised investment to develop a compostable plastic made from wood pulp. Read more.

Bothell, Wash.-based Portal Space Systems emerged from stealth mode to share its vision for satellites that make use of solar thermal propulsion to provide a quantum leap in space mobility. Read more.

Get your last-minute GeekWire Awards tickets: The big event returns May 9 to celebrate the leading innovators, entrepreneurs, scientists and business leaders in the Pacific Northwest. Limited individual tickets still available. Read all about the awards finalists.

Hot Links:

  • More major U.S. newspapers are suing Microsoft and OpenAI for copyright infringement. (Axios)

  • JumpStart, the payroll tax in Seattle targeting large employers such as Amazon, is keeping the city’s budget afloat — and could be used to plug holes. (The Seattle Times)

  • The FCC fined major wireless carriers — including T-Mobile, which faces the largest fine — for allegedly illegally sharing customers’ location data. (The Verge)

  • Twin Protocol, a new startup out of Seattle, launched the first phase of its AI voice twin platform. (Business Wire)

Thanks for subscribing to the GeekWire newsletter, and have a great day. — GeekWire editor Taylor Soper, taylor@geekwire.com; and GeekWire reporter Kurt Schlosser, kurt@geekwire.com.
SPONSOR MESSAGE
Local Bank Offering A Frictionless Loan Application Process For Small Businesses in Washington State

40-50% of small businesses rank access to capital as their main obstacle. Unlike traditional banks that tend to be encumbered by legacy tech, community banks can bring agility and innovation to small business lending. Learn how a Seattle-based financial institution leveraged open banking to offer a frictionless loan process for small business borrowers in Washington State.

Learn More.

Copyright © 2024 GeekWire LLC, All rights reserved.
You are receiving this email because you opted to receive emails from GeekWire LLC.
 
Our mailing address is:
GeekWire LLC
123 NW 36th St, Suite 203
Seattle, WA 98107
 

Older messages

GeekWire Awards: Grab tickets before the big show sells out

Tuesday, April 30, 2024

GeekWire Awards: Grab tickets before the big show sells out Limited number of GeekWire Awards tickets released The much-anticipated GeekWire Awards — celebrating the top innovators, entrepreneurs and

Amazon earnings preview: AWS and advertising in spotlight

Monday, April 29, 2024

Generative AI is a dual concern for the cybersecurity industry ADVERTISEMENT GeekWire SPONSOR MESSAGE: Washington state's second-largest city is the hub of an ambitious regional tech community

GeekWire's Most-Read Stories of the Week

Sunday, April 28, 2024

Catch up on the top tech stories from this past week. Here are the headlines that people have been reading on GeekWire. ADVERTISEMENT GeekWire SPONSOR MESSAGE: Science Firsthand: Learn how Bristol

‘The Everything War’: Inside Amazon with author and WSJ reporter Dana Mattioli

Saturday, April 27, 2024

High school students lead AI edtech startup | New climate-focused fund raises $5M ADVERTISEMENT GeekWire SPONSOR MESSAGE: Science Firsthand: Learn how Bristol Myers Squibb unlocked the potential of CAR

GeekWire Awards: Grab tickets before the big show sells out

Friday, April 26, 2024

GeekWire Awards: Grab tickets before the big show sells out Limited number of GeekWire Awards tickets released The much-anticipated GeekWire Awards — celebrating the top innovators, entrepreneurs and

You Might Also Like

Be a hitmaker.

Saturday, December 28, 2024

Here's how you can help: If you're able, use this 40% off forever discount to become a Lever paid subscriber right now. ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌

How Elon Musk and Mark Zuckerberg are threatening The Intercept

Saturday, December 28, 2024

Social media platforms like Facebook have become increasingly aggressive about suppressing links to legitimate news sites. For years, there have been two key ways that new readers discover independent

Big Urbanism

Saturday, December 28, 2024

Big Gods // Secrets Of Japanese Urbanism Big Urbanism By Caroline Crampton & Kaamya Sharma • 28 Dec 2024 View in browser View in browser 🦒 This week, The Browser looks back at some of our favourite

Celebrating the first year of The Conversation Local

Saturday, December 28, 2024

+ special year-end quiz ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌

On My Mind: Pleated Skirts and Toddler Puffers

Saturday, December 28, 2024

Plus the most-read “What I Can Live Without”s of the year. The Strategist Every product is independently selected by editors. If you buy something through our links, New York may earn an affiliate

The Year Of The Master Plan

Saturday, December 28, 2024

The results are in, and they've exceeded our wildest hopes. Subjects from Master Plan. (AP Photo/Nick Ut/Manuel Balce Ceneta/Pablo Martinez Monsivais) When we started working on Master Plan more

Wirecutter’s most popular skin care, clothes, and more of 2024

Saturday, December 28, 2024

Looking good View in browser Ad The Recommendation December 28, 2024 Ad We've tested hundreds of style and beauty products this year. These were your favorites. Levi's Premium Wedgie Straight

Weekend Briefing No. 568

Saturday, December 28, 2024

Top 11 Articles of 2024 ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏

Your new crossword for Saturday Dec 28 ✏️

Saturday, December 28, 2024

View this email in your browser It's Saturday — you know what that means! We have six new puzzles teed up for you this week. Play the latest Vox crossword right here, and find all of our new

Homelessness Rises, Severe Weather Hits, and New Jersey Sinks

Saturday, December 28, 2024

Federal officials reported an 18% increase in homelessness on Friday, citing affordable housing shortages, inflation, stagnant wages, and natural disasters as contributing factors. ͏ ‌ ͏ ‌ ͏ ‌ ͏ ‌ ͏ ‌