GeekWire AI summit takeaways: Token budgets, watermelon metrics, and the $5k weekend coder

Fresh off the big GeekWire AI summit this week, Todd and John unpack what they heard from Microsoft EVP Charles Lamanna, OpenAI applications CTO Vijaye Raji, and other speakers at the Agents of Transformation event in Seattle, presented by Accenture. The big thread: the economics of AI, from token budgets becoming a hiring negotiation point to startups running on subsidized credits that may not last. Plus, a startup founder whose engineer burned through $5,000 in AI tokens over a single weekend of vibe coding, OpenAI shutting down Sora amid $15 million-a-day processing costs, and why one panelist says the metrics most companies are tracking are "watermelon metrics" — green (profit) on the outside, red (losses) on the inside. Also: how Todd used a Claude project over several months to prep for the event, John's experience bouncing between Gemini and ChatGPT, and why the simplistic chat era may be over.  And in this week's trivia: Sound Transit's light rail starts crossing Lake Washington on a floating bridge — but when did the original I-90 floating bridge open? With GeekWire co-founders John Cook and Todd Bishop. Edited by Curt Milton.See omnystudio.com/listener for privacy information.

Amazon is working on a new smartphone, code-named "Transformer," more than a decade after the Fire Phone debacle, according to Reuters. We dig into the connection to a past GeekWire scoop: former Microsoft Xbox leader J Allard joined Amazon's devices team in 2024, and he's now leading a group called ZeroOne with a mandate to create "breakthrough" gadgets. Is this an AI-native device? A companion to your iPhone? J Allard's shot at redemption? Maybe all of the above. There's more great Fire Phone background in this Vergecast "Version History" podcast. Then: Microsoft shakes up its Copilot team, shifting Mustafa Suleyman to a narrower role and unifying consumer and enterprise AI under a new leader. Todd has strong feelings about Microsoft's history of cutesy consumer tech, from Clippy to Mico. Plus: Todd's adventure using Claude CoWork to browse LinkedIn (and the stern warning he got in response), King County Metro's slick new tap-to-pay feature catches the transit system up with the modern world, the opening of cross-lake light rail, and an Amazon Treasure truck trivia question. With GeekWire co-founders Todd Bishop and John Cook. Audio editing by Curt Milton.See omnystudio.com/listener for privacy information.

Brice Budke (President) and Zeek Earl (Executive Creative Director) run two Seattle studios: Shep, a video agency that works with tech companies like Amazon and Microsoft, and Packrat, a creative studio that specializes in miniature worlds, handmade sets, and retro creative projects. You might know Packrat's work from the epic and widely watched 2025 Seahawks schedule release video, which won a Gold Clio. They also made Prospect, an indie sci-fi film that premiered at SXSW in 2018 with Pedro Pascal and Sophie Thatcher. GeekWire met them last fall on the set of a stop-motion shoot for Kiro, an AI-powered agentic software development tool from Amazon Web Services. Check out the video they made from that shoot here. On this episode, Brice and Zeek discuss how AI is transforming their work — from photorealistic storyboarding to stop-motion animation filled in by AI-generated frames — and what still requires human creativity, taste, and intuition. Plus: the psychology of working with "infinite tools," why AI doesn't always save money, and the GeekWire Trivia Challenge. With GeekWire co-founder Todd Bishop; Edited by Curt Milton.See omnystudio.com/listener for privacy information.

OpenAI just opened its largest office outside San Francisco, in downtown Bellevue, Wash. GeekWire was there on day one to tour the space. Chatting inside the OpenAI game room, we share our observations about the Mad Men-meets-Pacific Northwest aesthetic, which features open floor plans and lots of common areas, and try to figure out what it all says about OpenAI's culture.  Plus, we talk with Vijaye Raji, the former Statsig CEO who is now OpenAI's CTO of applications, about Codex, infrastructure, hiring, and the evolution and growth of Silicon Valley tech giants in the region.  In our final segment, it's the return of the GeekWire trivia challenge, with a question focusing on one of the earliest tech giants to establish an outpost in the Seattle area.  Related Story: Inside OpenAI’s new Bellevue office: A swanky statement about AI’s impact on the Seattle region Upcoming Event: Agents of Transformation, March 24.  With GeekWire co-founders Todd Bishop and John Cook. Edited by Curt Milton.See omnystudio.com/listener for privacy information.

Anthropic acquired Seattle startup Vercept on Wednesday, raising familiar questions about the impact of early exits on the broader Seattle startup ecosystem, and the question of whether AI startups can compete long-term against the giants of the field. We dig into the deal, the public feud between two of the company's early investors on LinkedIn, and why one co-founder's prior departure to Meta may have been worth more than the entire acquisition. Plus, a new research paper envisions a 2028 "global intelligence crisis" driven by AI-fueled white collar job losses, and we're already seeing early signs in the news.  Then, the New York Times reported this week that Jeffrey Epstein built deeper connections inside Microsoft than any other major tech company. We break down the key revelations, including what we found when we searched the Epstein files for "GeekWire." WSJ: Bill Gates Apologizes to Foundation Staff Over Epstein Ties And stick around for GeekWire Trivia: With Xbox entering a new era under Asha Sharma, we look back at the celebrity who appeared on stage for the original Xbox unveiling 25 years ago. With GeekWire co-founders Todd Bishop and John Cook. Edited by Curt Milton.See omnystudio.com/listener for privacy information.

Amazon promises 30-minute delivery with its new Amazon Now service. We put it to the test — live on the show — with help from Michael Levin and Josh Lowitz, co-founders of Consumer Intelligence Research Partners and two of the sharpest Amazon watchers we know. While we wait for our order of yogurt, blueberries, and flossers (long story), Mike and Josh break down why Amazon closed its grocery stores, what its massive future 225,000-square-foot superstore in suburban Chicago could mean, and why Amazon's real play is becoming the ultimate convenience store. Plus: Test your knowledge of Amazon with our weekly trivia question. Will Josh and Mike get it right? Related stories and links:  CIRP Amazon Report on Substack CIRP: By Closing Stores, Amazon Goes All-In on Delivery GeekWire: Amazon closing all Amazon Fresh and Go stores to focus on Whole Foods and grocery delivery Bloomberg: Amazon Dethrones Walmart as World’s Biggest Company by Sales "Learn and Be Curious," the new podcast from Doug Herrington, the Amazon Worldwide Stores CEO. With GeekWire co-founder Todd Bishop, edited by Curt Milton.  See omnystudio.com/listener for privacy information.

We're live this week in the "Center of the Universe" in Seattle for a special recording of the GeekWire Podcast, presented by the Fremont Chamber of Commerce at Fremont Brewing Co. Fresh off the Seahawks' Super Bowl victory, we debate some potential ownership groups for the Seahawks and Sonics — from Jeff Bezos and Lauren Sanchez to Costco's Jim Sinegal. (Who wouldn't want $1.50 hot dogs and sodas at Lumen Field or Climate Pledge Arena?)  Then we dig into the debate over Seattle's tech future, sparked by angel investor Charles Fitzgerald's GeekWire column, "A warning to Seattle: Don't become the next Cleveland," which led to a response and ultimately a great conversation with Cleveland Mayor Justin Bibb. Fremont Chamber Executive Director Pete Hanning joins us to talk about the neighborhood's tech corridor, why Fremont offices are seeing some of the highest return-to-office rates on the West Coast, and how the neighborhood balances its quirky identity with serious business. In the final segment: Test your Seattle tech knowledge with our Fremont-themed tech trivia, plus audience Q&A, in which Todd comes clean about his relationship with Claude. With GeekWire co-founders Todd Bishop and John Cook. Edited by Curt Milton.See omnystudio.com/listener for privacy information.

GeekWire brought Cleveland Mayor Justin Bibb and Seattle tech veteran Charles Fitzgerald together on the phone Thursday after a guest column warning Seattle not to repeat Cleveland's past mistakes sparked a big response — including from Bibb himself. What followed was a constructive conversation about what cities should do when the economic ground shifts beneath them. Plus: a Seattle-to-Cleveland trip may be in the works. Related Links A warning to Seattle: Don’t become the next ClevelandCleveland mayor responds to GeekWire guest column, calls Ohio city a ‘case study of what’s possible’ Mayor Bibb on LinkedIn: "For decades, national narratives have framed Cleveland as a cautionary tale. But that framing misses the bigger story." Note: This is a special bonus episode. Our regular weekly show, recorded live Thursday night in Seattle's Fremont neighborhood, will be out Saturday morning.See omnystudio.com/listener for privacy information.

Upcoming GeekWire Podcast Live Event: Join us from 4 p.m. to 6 p.m. Thursday, Feb 12 at Fremont Brewing for a live recording of the GeekWire Podcast with Todd Bishop and John Cook. Free for Fremont Chamber members, $15 otherwise. Register here. This week on the show: Andy Jassy tells Wall Street that Amazon is planning $200 billion in capital expenses this year, mostly to build out AI infrastructure, and investors give it a thumbs down. Microsoft's financial results beat expectations but the company loses $357 billion in market value in a single day after investors learn the extent of its dependence on OpenAI. Meanwhile, OpenAI leases 10 floors of office space in Bellevue, lawmakers in Olympia propose new taxes impacting startup exits and high-income earners, and the bots get their own social network.  In our featured conversation, recorded at a dinner hosted by Accenture in Bellevue, GeekWire co-founder Todd Bishop sits down with computer scientist and entrepreneur Oren Etzioni to talk about AI agents, the startup landscape, the fight against deepfakes, and what good AI leadership looks like. Etzioni is co-founder of AI agent startup Vercept, founder of the AI2 Incubator, a venture partner at Madrona, and the former founding CEO of the Allen Institute for AI. Agents of Transformation: Check out the series and join us for the conference, presented by Accenture, March 24 in Seattle. With GeekWire co-founder Todd Bishop. Edited by Curt Milton. Music by Daniel L.K. Caldwell.See omnystudio.com/listener for privacy information.

Upcoming GeekWire Podcast Live Event: Join us from 4 p.m. to 6 p.m. Thursday, Feb 12 at Fremont Brewing for a live recording of the GeekWire Podcast with Todd Bishop and John Cook. Free for Fremont Chamber members, $15 for everyone else. Register here. This week on the show, Todd Bishop and Taylor Soper hit the road for a driving tour of the news, making stops at Starbucks, Microsoft, and an Amazon Fresh store in its final days. First up, Starbucks reports its first U.S. transaction growth in about two years — and announces plans for an AI "ordering companion" that translates cravings into custom drinks. Todd tests it the old-fashioned way, ordering a banana bread latte at the drive-through. Then, Microsoft beats quarterly expectations but sees its stock drop 12% in a single day. The culprit? Investor concerns about the company's exposure to OpenAI, which now accounts for roughly 45% of Microsoft's contracted future cloud revenue. Finally, Amazon is closing all of its Fresh grocery stores and Go convenience stores in the U.S., exiting its homegrown retail formats entirely. Todd and Taylor visit a Seattle location during its clearance sale, and find a long line at a store whose original promise was no lines at all.See omnystudio.com/listener for privacy information.