Convenience Big Store: ‘We will go on’: Global health nonprofit PATH navigates funding freeze from new HQ

SPONSOR MESSAGE: Tech Vets, an ongoing GeekWire series presented by Northern Trust, showcases United States military veterans leading the Pacific Northwest tech industry: Read more.

TODAY'S TOP STORIES

PATH’s ribbon-cutting ceremony this week should have been purely celebratory. Instead, the global health nonprofit’s move to airy new Seattle offices overlooking a tree-lined ship canal came as the venerable institution is finding its footing after six months of unprecedented turmoil spurred by a federal funding freeze.

“We will go on,” said Nikolaj Gilbert, president and CEO of PATH. “We will go on strong because the needs are still there, they haven’t disappeared." Read more.

Above, from left: Sabrina Powers, PATH general counsel; Rich Mahoney, PATH co-founder; Gilbert; Beth Galetti, PATH board chair and Amazon senior vice president; and Steve Davis, former CEO at PATH.

This week on the GeekWire Podcast: Colin Sebastian, senior research analyst at Baird, breaks down how Amazon, Google, and Meta are approaching AI, and how he views capital spending and long-term value. We discuss what’s changing in e-commerce, search, and digital assistants — and how today’s AI boom compares to the dot-com era. Plus, the common trait he sees among the most durable tech companies.

Read more and listen here, and subscribe to GeekWire in Apple Podcasts, Spotify, or wherever you listen.

Hot Links:

Amazon Prime Day drove a 30% year-over-year increase in U.S. online retail spending, with strong mobile transactions, steep discounts, and a notable shift toward higher-priced items across multiple product categories. (Seeking Alpha)
OpenAI’s planned $3 billion acquisition of Windsurf has collapsed amid questions about Microsoft’s potential claims to the startup’s coding technology. Now the startup’s CEO and key talent are headed to Google DeepMind. (The Information; CNBC)
T-Mobile’s $4.4 billion US Cellular acquisition was approved by the FCC after T-Mobile agreed to drop its diversity programs earlier in the week. (Bloomberg)
Seattle traffic tech: With events and construction piling up, SDOT upgraded FlipYourTrip.org to steer drivers toward anything but solo rides. (SDOT Blog)

Thanks for subscribing to the GeekWire newsletter, and have a great weekend. — GeekWire editor Taylor Soper, taylor@geekwire.com; and GeekWire co-founder Todd Bishop, todd@geekwire.com.

SPONSOR MESSAGE

At JPMorganChase we strive to deliver value for our shareholders, clients and employees.

Our firm is only as strong as the communities we serve, and we are dedicated to creating opportunities for financial growth worldwide. Our J.P. Morgan and Chase brands work to provide the highest quality service to millions of consumers, small businesses and corporate, institutional and government clients in the U.S. and around the world.

Learn more.