Get caught up on the latest technology and startup news from the past week. Here are the most popular stories on GeekWire for the week of July 2, 2023.
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Most popular stories on GeekWire
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. … Read More
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. … Read More
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. … Read More
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. … Read More
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. … Read More
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. … Read More
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. … Read More
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. … Read 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. … Read More
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. … Read More