Seattle AI startup raises $10M seed round | Microsoft faces new antitrust probes

Seattle AI startup raises $10M seed round | Microsoft faces new antitrust probes

There’s a lot of talk about how generative AI could be a game-changer for enterprise information. Tektonic AI , a new startup out of Seattle led by technology industry veterans, is building software AI agents that understand natural language queries and help employees accelerate their work. It just announced a $10 million seed round. Read more.

(Above, from left: Ted Kummert , venture partner at Madrona; Steve Singh , managing director at Madrona; Nic Surpatanu , founder and CEO of Tektonic AI; and Henry Huang , partner at Madrona Venture Labs)

GeekWire's AI photo debate: When does the use of technology for photo editing run afoul of journalistic ethics? An internal discussion at GeekWire over an AI-enhanced photo of OpenAI CEO Sam Altman illuminated a small slice of the vast uncharted territory we’ll all be navigating in the years ahead. Read more.

SPONSOR MESSAGE: Register now for AWS re:Inforce: Hear from AWS experts on all things cloud security in the generative AI era.

Microsoft is facing a pair of new antitrust probes from the Federal Trade Commission, including one focused on its recent deal with Inflection AI. Read more.

DoorDash promised to remove a $4.99 fee on consumer orders if Seattle councilmembers pass a revised minimum wage law for delivery drivers. Read more.

A rare tech growth story: Acumatica opened a larger HQ in the Seattle area. The cloud enterprise resource planning (ERP) technology company employs nearly 700 globally and says it’s planning to expand its headcount by 20% this year. Read more.

Smartsheet stock was up more than 16% this morning after the Bellevue, Wash.-based software company topped earnings expectations. Read more.

Museum of Illusions, a global attraction that blends art, science, and psychology into a family friendly immersive experience, is bringing a permanent location to downtown Seattle. Read more.

Hot Links:

  • Amazon plans to test its Zoox self-driving cars in Austin and Miami this summer, with safety drivers behind the wheel. (TechCrunch)
  • An AI-generated news outlet boasted a worldwide roster of journalists and millions of monthly visitors, and it’s being sued, along with Microsoft, by an Irish broadcaster caught up in a falsehood published on the news portal MSN. (The New York Times)
  • New airplanes are taking to the skies of Microsoft’s “Flight Simulator” on Xbox in honor of the missions they flew on D-Day, June 6, 1944. (Microsoft)
  • Seattle is the smartest city in the U.S. based on a study by a real estate tech company measuring tech infrastructure, tech jobs, and other metrics. (ProptechOS)

SPONSOR MESSAGE: Where AI meets humanity in healthcare: What’s next?Join us at Seattle University’s Ethics and Tech Conference on June 27. We will delve into the pivotal role of AI in healthcare, explore the ethical considerations of AI integration, and ensure that technological advancements serve humanity. Reserve your spot to engage with experts shaping the future of healthcare. Register now.

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