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 […]
What Does Chinese AI Start-Up DeepSeek Mean for Nvidia Stock?
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 […]
Kohl’s cuts 10% of corporate workforce weeks after announcing 27 store closures
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 […]
Sam Altman says OpenAI will embrace two new AI approaches, one from DeepSeek and another from Meta
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 […]
Tech stocks have worst week in months after ‘nobody saw DeepSeek coming’
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 […]
Costco Raises Pay To Over $30 An Hour For Non-Union Employees
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 […]
Tech stocks have worst week in months after ‘nobody saw DeepSeek coming’
Tech stocks have worst week in months after ‘nobody saw DeepSeek coming’. US tech shares recover some losses from steep DeepSeek selloff.
China’s new AI star DeepSeek grew on more than a shoestring budget
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 […]