Tag: robotics

Nvidia stock drops 12% on fears of AI model cost reduction from China's DeepSeek, leading to sell-off in chip stocks and the broader market.

Published on: January 27, 2025, 04:02 PM UTC

DeepSeek, a Chinese startup company, has developed an AI model that costs less and uses less advanced chips, raising concerns that the valuations of tech giants may be overinflated. As a result, global stock markets have experienced a downturn, with the S&P 500 and Nasdaq 100 both dropping significantly. Investors are now looking to Big Tech earnings reports this week for reassurance and to determine if the high valuations of these companies can be justified.

Published on: January 27, 2025, 04:01 PM UTC

Former Lambda Labs COO Mitesh Agrawal has left to lead AI hardware startup Positron, which aims to compete with Nvidia by offering faster, energy-efficient hardware for transformer model inference.

Published on: January 27, 2025, 12:06 PM UTC

Chili's and other casual dining chains are competing for market share as consumers return to their pre-COVID dining habits. Despite industry challenges such as fragmentation and inflation, brands like Chili's are using value promotions, marketing, and technology to gain a competitive advantage.

Published on: January 27, 2025, 12:02 PM UTC

President Trump imposes tariffs and sanctions on Colombia after its leftist president refuses to allow military planes carrying deported migrants to land.

Published on: January 27, 2025, 12:01 AM UTC

Los Angeles receives its first rain in months, aiding wildfire containment but raising landslide risk. Heavy downpours may trigger mudslides in recently burned areas, prompting flood watches and potential warnings.

Published on: January 26, 2025, 10:00 PM UTC

Bill Gates discusses the importance of reducing the federal deficit, but emphasizes the need to retain vital programs. He also comments on Elon Musk's Department of Government Efficiency (DOGE), calling it a "valuable" effort.

Published on: January 25, 2025, 09:00 PM UTC

Meta unveils ambitious AI plans, including massive data center and investment surge

Published on: January 24, 2025, 10:02 PM UTC

Companies are increasingly rolling back or ending DEI (diversity, equity, and inclusion) programs amid pressure from conservative activists and the Trump administration. This includes tech giants like Meta, McDonald's, and Harley-Davidson, who have cut or paused their DEI initiatives. The move away from DEI policies is part of an ongoing backlash against diversity programs at American companies. Some DEI initiatives have faced backlash from conservatives and activist groups, who argue that these initiatives don't align with the values of companies' largely conservative consumer bases. However, 61% of Americans support DEI practices, according to a Washington Post-Ipsos poll in April, and companies including Costco and JPMorgan have publicly defended their diversity initiatives.

Published on: January 24, 2025, 09:03 PM UTC

Listen and subscribe to Warrior Money on Apple Podcasts, Spotify, or wherever you find your favorite podcasts. Former Hiring Our Heroes VP Elizabeth O'Brien discusses the challenges veterans and their families face when transitioning from active duty to civilian life. She shares solutions to help ease the transition process, including community support and the Skill Bridge program.

Published on: January 24, 2025, 09:01 PM UTC