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