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n nCostco and the Teamsters union have reached a tentative agreement on a new contract, avoiding a strike, the union said Saturday. Teamsters spokesman Matthew McQuaid confirmed the agreement, which will have to be approved by members. Details of the agreement weren’t immediately available. The Associated Press left a message seeking comment with Costco. nThe […]

DeepSeek, a new AI chatbot, has been making waves in the tech community. According to a report, DeepSeek’s hardware spend could be as high as $500 million. The chatbot, which is now available on AWS, has been noted for including Chinese propaganda in its answers, according to researchers. Some speculate that this could mark the […]

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n nCostco is boosting hourly wages to more than $30 an hour for most nonunion U.S. store employees, the company said in a memo to staff this week. Starting in March, workers at the top of the pay scale will receive a $1 per hour raise to $30.20, followed by additional $1 raises each year […]

DeepSeek: What lies under the bonnet of the new AI chatbot? BBC.com nDeepSeek-R1 models now available on AWS AWS Blog nDeepSeek’s Answers Include Chinese Propaganda, Researchers Say The New York Times nWas this the week DeepSeek started the slow unwinding of the AI bet? The Guardian n— news from BBC.com

AI stocks were this past week when Wall Street took notice of a high-performance, shockingly efficient open-source AI model from Chinese start-up DeepSeek. The high-performance model, which DeepSeek said was trained in a matter of months for about $6 million, sparked concern that useful AI may not require the most powerful and most expensive hardware. […]

Costco is boosting hourly wages to more than $30 an hour for most nonunion U.S. store employees, the company said in a memo to staff this week. Starting in March, workers at the top of the pay scale will receive a $1 per hour raise to $30.20, followed by additional $1 raises each year for […]

DeepSeek, a Chinese artificial intelligence (AI) start-up, is sending shock waves through the U.S. tech sector by demonstrating its latest AI assistant, which achieves performance comparable to or even surpassing some of the world’s best chatbots. The kicker here is that DeepSeek reportedly accomplished this using significantly less computational power, relying on fewer and less […]

nKohl’s has reduced its corporate workforce by approximately 10%, following its announcement to close 27 underperforming stores across 15 states by April. This decision aims to enhance efficiency and profitability for long-term benefits. n nThe company stated that more than half of the job cuts resulted from closing open positions, with fewer than 200 current […]