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Allen Institute for AI CEO Ali Farhadi steps down after two and a half years to pursue research ambitions; founding member Peter Clark will serve as interim CEO (Todd Bishop/GeekWire)

Todd Bishop / GeekWire : Allen Institute for AI CEO Ali Farhadi steps down after two and a half years to pursue research ambitions; found...

12 March 2026

Allen Institute for AI CEO Ali Farhadi steps down after two and a half years to pursue research ambitions; founding member Peter Clark will serve as interim CEO (Todd Bishop/GeekWire)

Todd Bishop / GeekWire:
Allen Institute for AI CEO Ali Farhadi steps down after two and a half years to pursue research ambitions; founding member Peter Clark will serve as interim CEO  —  Tech Moves covers notable hires, promotions and personnel changes in the Pacific NW tech community.  Submissions: [email protected]

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Adobe reports Q1 revenue up 12% YoY to $6.4B, vs. $6.28B est., adjusted EPS above estimates, and forecasts Q2 revenue between $6.43B and $6.48B, vs. $6.43B est. (Zaheer Kachwala/Reuters)

Zaheer Kachwala / Reuters:
Adobe reports Q1 revenue up 12% YoY to $6.4B, vs. $6.28B est., adjusted EPS above estimates, and forecasts Q2 revenue between $6.43B and $6.48B, vs. $6.43B est.  —  Adobe's (ADBE.O) longtime CEO Shantanu Narayen will leave his role once a successor is appointed, the design software maker said on Thursday …

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Sources: Amazon plans to move its Prime Day sale from July to late June; the shift affects its financial reporting, with event sales coming in Q2 rather than Q3 (Bloomberg)

Bloomberg:
Sources: Amazon plans to move its Prime Day sale from July to late June; the shift affects its financial reporting, with event sales coming in Q2 rather than Q3  —  Amazon.com Inc. is moving up its annual Prime Day sale to June from July, according to people familiar with the matter …

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Sources: Meta has paused the Persian Gulf section of its 2Africa subsea cable project as the war in the Middle East freezes activity in the region (Bloomberg)

Bloomberg:
Sources: Meta has paused the Persian Gulf section of its 2Africa subsea cable project as the war in the Middle East freezes activity in the region  —  Meta Platforms Inc. has paused part of a massive effort to expand internet service across Africa as the war in the Middle East freezes activity in the region.

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Adobe CEO Shantanu Narayen will step down after a successor is named; he became CEO in 2007 and will remain as chair of the board; ADBE drops 6%+ after hours (CNBC)

CNBC:
Adobe CEO Shantanu Narayen will step down after a successor is named; he became CEO in 2007 and will remain as chair of the board; ADBE drops 6%+ after hours  —  Adobe said CEO Shantanu Narayen will step down as CEO after a successor has been named, and remain as chair of the design software company's board.

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xAI hires senior Cursor leaders Andrew Milich and Jason Ginsberg; Elon Musk said he expects xAI to catch up with rivals in coding by "the middle of this year" (The Information)

The Information:
xAI hires senior Cursor leaders Andrew Milich and Jason Ginsberg; Elon Musk said he expects xAI to catch up with rivals in coding by “the middle of this year”  —  Elon Musk's xAI is hiring two senior Cursor leaders as part of an effort to catch up with AI rivals in coding …

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PayPay shares jump 19% in their Nasdaq debut after the company's $879.8M US IPO, the biggest listing by a Japanese company on a US stock exchange in a decade (Georgie McKay/Bloomberg)

Georgie McKay / Bloomberg:
PayPay shares jump 19% in their Nasdaq debut after the company's $879.8M US IPO, the biggest listing by a Japanese company on a US stock exchange in a decade  —  Shares of PayPay Corp. jumped 19% in its trading debut Thursday after the digital payments firm's $879.8 million US IPO …

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Tinder unveils updates designed to reinvigorate its product, bolster safety, and harness AI, including an Events tab and a virtual speed dating test in LA (Lauren Forristal/TechCrunch)

Lauren Forristal / TechCrunch:
Tinder unveils updates designed to reinvigorate its product, bolster safety, and harness AI, including an Events tab and a virtual speed dating test in LA  —  Tinder held its inaugural product keynote on Thursday, unveiling an ambitious slate of updates designed to reinvigorate its product, bolster safety, and harness AI.

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Emil Michael says Anthropic's Claude models would "pollute" the DOD's supply chain because they have "a different policy preference" that is baked in (Ashley Capoot/CNBC)

Ashley Capoot / CNBC:
Emil Michael says Anthropic's Claude models would “pollute” the DOD's supply chain because they have “a different policy preference” that is baked in  —  Defense Department CTO Emil Michael on Thursday said Anthropic's Claude artificial intelligence models would …

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Swarm Aero, which is developing large swarming drones capable of carrying missiles and cargo, raised a $35M Series A, following a $22M seed in 2023 (Colin Demarest/Axios)

Colin Demarest / Axios:
Swarm Aero, which is developing large swarming drones capable of carrying missiles and cargo, raised a $35M Series A, following a $22M seed in 2023  —  Swarm Aero raised $35 million and plans to more than double its headcount by the end of the year.  —  The big picture: The California startup …

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