Chasing clean energy’s “Holy Grail” with $425 million: With backing from OpenAI’s Sam Altman, SoftBank and others, Everett, Wash.-based Helion raised a substantial new investment to help expedite its race to commercialize fusion power. CEO and co-founder David Kirtley called it “a testament to the progress we’ve made and the milestones we’ve hit,” adding that the company is “excited to keep going.”
Read more. Microsoft and TikTok, again: Like a viral dance clip on endless repeat, reports of Microsoft’s interest in acquiring the social video app are looping back around again. Asked if Microsoft is among the companies in talks to buy TikTok, President Trump told reporters Monday night, “I would say yes.” Microsoft isn’t commenting. Here’s why a deal might make sense.
Amazon expands Whole Foods CEO’s role: Whole Foods Market CEO Jason Buechel is adding oversight of Amazon Go stores and Amazon Fresh physical and online stores to his purview as the new leader of Amazon’s Worldwide Grocery Stores business. The move could signal further integrations ahead. Read more.
A deeper understanding of DeepSeek:
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Who will win in AI? The breakthrough of the Chinese upstart stirs questions around value capture, writes Ben Hallen, a professor of strategy and entrepreneurship at the Foster School of Business at the University of Washington.
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The new model shows that AI expertise might matter more than computing power in 2025, writes Jon Turow, an investor at Madrona Venture Group and a former leader at Amazon Web Services.
Wizards of the Coast has a new home in Renton, Wash., where a “secret gaming lair” is the standout space. GeekWire games contributor Thomas Wilde went inside to learn more about what’s ahead for the company’s signature title, “Dungeons & Dragons.” Read more.
Vancouver, B.C., game studio Phoenix Labs, creator of “Dauntless” and “Fae Farm,” announced that it’s laying off the majority of its staff.
Portland cybersecurity startup Eclypsium raised $45 million to help Fortune 500 companies and government agencies strengthen their technical infrastructure. Read more.
Hot Links:
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Bill Gates weighed in on Elon Musk’s political pot-stirring in Europe, calling the embrace of far-right politicians “insane shit.” (The Guardian)
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Melinda French Gates’ “deeply personal” next book — “The Next Day” — is available for pre-order and will hit stores April 15. (X)
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Seattle’s co-working market is the 12th largest in the U.S. as it surpassed 3 million square feet of total space and reached 150 co-working locations. (CoworkingCafe)
- Blue Origin scrubbed a planned launch Tuesday of a New Shepard mission intended to simulate the moon’s gravity and fly 30 payloads. (Blue Origin)
Thanks for subscribing to the GeekWire newsletter, and have a great day. — GeekWire co-founder Todd Bishop, todd@geekwire.com; GeekWire reporter Kurt Schlosser, kurt@geekwire.com; and GeekWire reporter Lisa Stiffler, lisa@geekwire.com. 
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