Walmart rolls out new job training program, bonuses for associates

Walmart rolls out new job training program, bonuses for associates

Walmart on Wednesday said it will offer new training programs and certifications to fill high-demand roles across its business, such as HVAC technicians, opticians and software engineers. The big-box retailer said it will also offer another reason for hourly store workers to stick around: a bonus of up to $1,000 per year. Walmart, the nation’s … Read more

Amazon’s first U.S. labor union moves to affiliate with Teamsters

Amazon’s first U.S. labor union moves to affiliate with Teamsters

Amazon workers arrive with paperwork to unionize at the National Labor Relations Board office in Brooklyn, New York, Oct. 25, 2021. Brendan Mcdermid | Reuters The Amazon Labor Union, the company’s first group of workers to organize at a U.S. warehouse, said Tuesday that it’s taken steps to affiliate with the International Brotherhood of Teamsters. … Read more

Databricks is buying data optimization startup Tabular

Databricks is buying data optimization startup Tabular

Ali Ghodsi, co-founder and CEO of Databricks, speaks at the company’s Spark and AI Summit in San Francisco in April 2019. Databricks Data analytics software maker Databricks said in a statement on Tuesday that it’s acquiring Tabular, a startup that helps optimize data stored in the cloud. The gesture could help Databricks more quickly bring … Read more

Meta AI Chief Yann LeCun slams Musk over ‘blatantly false’ promises

Meta AI Chief Yann LeCun slams Musk over ‘blatantly false’ promises

Meta‘s chief artificial intelligence scientist Yann LeCun has spent much of the past week sparring with Elon Musk over the Tesla CEO’s treatment of scientists and news organizations, and for spreading false conspiracies on social media. “I like his cars (I own a 2015 S, and 2023 S), his rockets, his solar energy systems, and … Read more

Elon Musk told Nvidia to ship AI chips reserved for Tesla to X, xAI

Elon Musk told Nvidia to ship AI chips reserved for Tesla to X, xAI

Elon Musk, Chief Executive Officer of SpaceX and Tesla and owner of X speaks at the Milken Conference 2024 Global Conference Sessions at The Beverly Hilton in Beverly Hills, California, U.S., May 6, 2024.  David Swanson | Reuters Elon Musk claims he can grow Tesla into “a leader in AI & robotics,” an ambition that … Read more

Google cuts at least 100 jobs across cloud unit, sources say

Google cuts at least 100 jobs across cloud unit, sources say

Thomas Kurian, CEO of Google Cloud, speaks at a cloud-computing conference held by the company in 2019. Michael Short | Bloomberg | Getty Images Alphabet is laying off employees from several teams in Google’s cloud unit, one of its fastest-growing businesses, CNBC has learned. The company notified employees last week of the cloud cuts, with … Read more

Nvidia’s latest roadmap shows how it plans to keep the lead in AI chips

Nvidia’s latest roadmap shows how it plans to keep the lead in AI chips

Club holding Nvidia isn’t taking its foot off the gas in the fast-moving artificial intelligence race. Nvidia announced Sunday that its next-generation AI chip platform, dubbed Rubin, is due in 2026, with plans to release an upgraded version of its forthcoming Blackwell architecture in 2025. The initial iteration of Blackwell products was unveiled less than … Read more

A juggernaut of the market’s growth hit wall, buy these stocks

A juggernaut of the market’s growth hit wall, buy these stocks

We danced around it all week. We called out the many culprits for Salesforce’s weak quarterly results on Wednesday — and subsequent stock plunge — including an elongated sales cycle, a measured economic environment, and the need for more senior executives to check off on products. But one we didn’t call out was the law … Read more

Nvidia announces new AI chips as market competition heats up

Nvidia announces new AI chips as market competition heats up

Jensen Huang, co-founder and chief executive officer of Nvidia Corp., during the Nvidia GPU Technology Conference (GTC) in San Jose, California, US, on Tuesday, March 19, 2024.  David Paul Morris | Bloomberg | Getty Images Nvidia on Sunday unveiled its next generation of artificial intelligence chips to succeed the previous model, which was announced just … Read more

Nvidia dominates the AI chip market, but there’s rising competition

Nvidia dominates the AI chip market, but there’s rising competition

Jensen Huang, co-founder and chief executive officer of Nvidia Corp., during the Nvidia GPU Technology Conference (GTC) in San Jose, California, US, on Tuesday, March 19, 2024.  David Paul Morris | Bloomberg | Getty Images Nvidia’s 27% rally in May pushed its market cap to $2.7 trillion, behind only Microsoft and Apple among the most-valuable … Read more