Amazon CEO on making AI chips, shipping speeds, Prime Video spend

Startup founders seek M&A deals amid funding slowdown ADVERTISEMENT [GeekWire]( SPONSOR MESSAGE: BOT or NOT? This special series explores the evolving relationship between humans and machines, examining the ways that robots, AI and automation are impacting our work and lives: [Read more.]( TODAY'S TOP STORIES “I’m looking hard at the cost of every one of our businesses all the time. Good leadership teams do that." In a wide-ranging interview with CNBC, Amazon CEO Andy Jassy talked about building AI chips, speeding up shipping times, and reports about the company scrutinizing spending on Prime Video. [Read more](. Forced exits: As venture capital becomes scarce and investors put more weight on profitable startups, some cash-strapped early-stage founders are looking for buyers to avoid going out of business or raising cash on unfavorable terms. - Despite more early-stage founders considering M&A, acquisitions of VC-backed companies fell to the lowest quarterly level in a decade during the first quarter of this year as larger companies looked to cut costs. - GeekWire reporter Nate Bek spoke with Seattle-area founders and investors to learn more about the trends. [Read the story](. “Jump in, test a lot, don’t quit your day job.” That’s the advice to other entrepreneurs from Lalo founder Juan Medina, who recently made the tough call to shut down his Seattle startup. [Read more](. Hot links: - Amazon’s proposed acquisition of Roomba maker iRobot is getting increased scrutiny in Europe. ([TechCrunch]( - Wing walking: Here’s one way to “embrace the discomfort, and let it be the catalyst for your growth,” as described by Seattle tech leader Steven Maheshwary. ([LinkedIn]( Thanks for [subscribing]( to the GeekWire newsletter, and have a great weekend. — GeekWire managing editor Taylor Soper, taylor@geekwire.com. SPONSOR MESSAGE [Putting AI-driven insights, productivity tools,and security in the hands of businesses]( We’re all experiencing a real-time revolution with the rise of generative AI. The opportunity is huge—but it requires a new approach to cloud computing. Organizations are already leveraging Google Cloud’s AI capabilities to unlock data, lower costs, embrace hybrid work, and protect against threats. Learn how they’re succeeding at [Transform with Google Cloud](. LATEST HEADLINES [Amazon CEO Andy Jassy on making AI chips, Prime Video spend, speeding up shipping]( [Forced exit: Startup founders seek M&A deals amid funding slowdown]( [Founder reflects on lessons learned after closing startup: ‘Jump in, test a lot, don’t quit your day job’]( [Just – Evotec snags DoD award worth up to $75M to develop AI-driven antibody therapeutics]( GEEKWORK: TODAY'S TECH JOBS - [INRIX: Director, Customer Success]( - [Radiant Vision Systems: Test Engineer]( - [University of Washington Information School: IT Support Manager]( - [NTTA- North Texas Tollway Authority: Sr ETL & Data Modeling Developer]( - [MedBridge: Software Engineer III (Back end)]( - [City of Redlands: Network Engineer]( - [INRIX: Lead Software Engineer]( - [GeekWork: Head of Product]( [FIND MORE JOBS ON GEEKWORK]( [HIRING? BUY A FEATURED LISTING TO APPEAR HERE]( [About GeekWire]( [Contact Us]( [Advertise]( Copyright © 2023 GeekWire LLC, All rights reserved. You are receiving this email because you opted to receive emails from GeekWire LLC.  Our mailing address is: GeekWire LLC 123 NW 36th St, Suite 203 Seattle, WA 98107  [change email frequency or address]( | [unsubscribe](