Serial entrepreneur Gaurav Oberoi strikes again with Lexion’s acquisition to Docusign

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With news of Lexion’s acquisition to Docusign this week, Gaurav Oberoi notched his third startup sale — a track record that few in Seattle have matched, placing him among the most respected entrepreneurs in the region. Read about Oberoi’s approach to building startups. (Above, from left: Oberoi, with Lexion co-founders Emad Elwany and James Baird.)

Uber CEO Dara Khosrowshahi was asked about the company’s fight against new minimum wage regulations in Seattle. Here’s what he said.

Microsoft plans to invest $3.3 billion in an artificial intelligence-related initiative in Wisconsin, giving a boost to President Joe Biden’s job-creation efforts in the key election battleground state. Read more.

AI usage among knowledge workers globally has nearly doubled in the past six months to 75%, according to Microsoft’s annual Work Trend Index. AI “power users” are saving more than 30 minutes a day, according to the study, which notes that some companies are struggling to keep up with AI adoption rates among their workforce. Read more.

A stealthy new legal-tech startup based in Seattle is using artificial intelligence to better search precedent case history and help attorneys predict the outcome of cases. Read more.

GeekWire Awards FAQ: Our annual event honoring the best in Pacific Northwest tech is Thursday night in Seattle. Here’s everything you need to know if you’re attending, from where to park to what to wear to what time dinner starts and who is up for robot trophies.

A University of Washington researcher’s climate science study, focused on interactions between the stratosphere and the troposphere, has won backing from NASA. Read more.

Amazon is beefing up its fleet of electric vehicles with the addition of heavy-duty trucks to cover first- and middle-mile operations. The 50 trucks are being rolled out in Southern California in Amazon’s latest effort to curb carbon emissions in its transportation network. Read more.   

Hot Links:

  • Amazon’s delivery drones will likely be grounded during hot summer days in Arizona, as the machines won’t fly in temperatures above 104 degrees. (Wired)

  • Howard Schultz, who critiqued Starbucks leadership in a recent LinkedIn post, should stop being Starbucks’ "underminer-in-chief." (Bloomberg Opinion)

Thanks for subscribing to the GeekWire newsletter, and have a great day. — GeekWire editor Taylor Soper, taylor@geekwire.com; GeekWire co-founder Todd Bishop, todd@geekwire.com; and GeekWire reporter Kurt Schlosser, kurt@geekwire.com.
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Monday, May 6, 2024

Breaking News from GeekWire GeekWire.com | View in browser BREAKING NEWS Docusign on Monday announced an agreement to acquire Lexion for $165 million. The deal looks to be a successful exit for Lexion,

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