Remove .Net Remove 2017 Remove Web Services
article thumbnail

Amazon pours up to $4B into AI startup Anthropic, escalating rivalry with Microsoft and Google

GeekWire

The investment and expanded partnership includes a commitment by Anthropic to make Amazon Web Services its main cloud provider. billion purchase of Whole Foods in 2017 and its $8.5 Specific terms of the investment and the size of Amazon’s stake were not disclosed. billion acquisition of One Medical this year. .

article thumbnail

Jeff Bezos sells more than $2.4B in Amazon stock

GeekWire

Bezos said in 2017 that he was selling $1 billion a year to fund his Blue Origin space venture, but he has been increasing the size and frequency of the stock sales recently. Bezos is the world’s richest person, currently with a net worth of $191 billion, according to Bloomberg. (GeekWire File Photo / Kevin Lisota).

.Net 120
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Amazon’s cloud business and AI initiatives in the spotlight in advance of earnings report

GeekWire

Wall Street analysts expect the company to report net sales (revenue) of $131.5 In its prior guidance for the second quarter, Amazon said it expected net sales between $127 billion and $133 billion; and operating income between $2 billion and $5.5 Amazon Web Services revenue growth declined to 15.8% billion, up 8.5%

Report 77
article thumbnail

Amazon closes acquisition of One Medical, lowers price of primary care membership

GeekWire

billion in revenue last year, up 68% from the year prior, with a net loss of $144.1 billion purchase of Whole Foods in 2017 , and its $8.5 In 2021, the company shut down its Haven healthcare joint venture with Berkshire Hathaway and JPMorgan Chase, and last year it closed its Amazon Care primary care service. It posted $1.04

article thumbnail

This forensic accounting startup in Seattle is helping lawyers solve fraud investigations

GeekWire

Common use cases include divorce disputes between high net-worth individuals, insurance companies auditing for Medicare fraud, and chapter 11 bankruptcies. Valid8 Photo) Founded in 2017 and a graduate of Techstars Seattle, Valid8 recently raised $1.25 ” Valid8 co-founder and CEO Chris McCall. . That follows a $6.3

Financial 100
article thumbnail

Snowflake stock soars in largest software IPO ever; Madrona among earlier venture investors

GeekWire

The Seattle-based firm invested in 2017 when the company’s valuation was around $500 million, said Madrona Managing Director S. In 2017 Madrona invested in a Series E round for healthcare startup Accolade, which opened a second headquarters location in Seattle in 2015. Soma” Somasegar. Accolade went public earlier this year.

Software 129
article thumbnail

Cloud startup Snowflake reveals financials in IPO filing as it battles Amazon, Microsoft, others

GeekWire

based company said it more than doubled revenue to $242 million in the first half of 2020, with a net loss of $171.3 Founded in 2012, Snowflake sits in a unique position among other cloud service providers, partnering with giants such as Amazon and Microsoft but also competing against them. The San Mateo, Calif.-based