February 2025

nDeepSeek’s powerful and cost-effective AI models have significantly impacted the tech industry. Sam Altman announced that OpenAI will adopt one of DeepSeek’s popular approaches during a Reddit AMA session. He acknowledged that OpenAI has been on the wrong side of history regarding model weights and emphasized the importance of adapting when rivals succeed with different […]

Tech stocks have experienced their worst week in months following the unexpected rise of DeepSeek, a development that caught many by surprise. MarketWatchOpinion suggests that the Nvidia rout is just the beginning, while The New York Times highlights the impact on US tech shares recovering from a steep selloff. Reuters reports on the recovery of […]

Costco announced that all employees at its non-union stores will get a pay raise just before employees at unionized locations are set for strike action according Bloomberg reports highlighting key facts including background information about Costco being known as retail employer choice due high wages benefits which now further increased attracting those seeking career rather […]

Tech stocks have worst week in months after ‘nobody saw DeepSeek coming’. US tech shares recover some losses from steep DeepSeek selloff.

In 2022, a team of AI engineers in southern China working for the parent company of DeepSeek proudly unveiled a new AI supercomputer and said they were making it available free of charge to researchers across the nation. The sleek banks of gray machines whirring beneath fluorescent lights had been constructed from 10,000 A100 graphics […]