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Tag: profitability

The logo of DeepSeek is displayed alongside its AI assistant app on a mobile phone, in this illustration picture taken January 28, 2025. REUTERS/Florence Lo/Illustration/File Photo

China’s DeepSeek claims theoretical cost-profit ratio of 545% per day

Chinese AI startup DeepSeek disclosed some cost and revenue data related to its hit V3 and R1 models, claiming a theoretical cost-profit ratio of up to 545% per day.

Read More China’s DeepSeek claims theoretical cost-profit ratio of 545% per day
A Southwest Airlines passenger jet lands at Chicago Midway International Airport in Chicago, Illinois, on December 28, 2022. - The perfect storm of fierce snow squalls, howling wind and sub-zero temperatures forced the cancellation of thousands of flights in recent days, including around 5,900 on Tuesday and Wednesday, according to tracking site FlightAware.com. Most of the cancellations on December 27-28 were at Southwest Airlines, which pulled more than 60 percent of its flights due to cascading logistics issues. (Photo by KAMIL KRZACZYNSKI / AFP) (Photo by KAMIL KRZACZYNSKI/AFP via Getty Images)

Southwest Airlines To Lay Off 2,000 Employees, Halt Service At 4 Airports

Southwest Airlines has announced that they will be laying off around 2,000 employees and closing operations at four different airports across the globe. 

Read More Southwest Airlines To Lay Off 2,000 Employees, Halt Service At 4 Airports
A person records the Reddit mascot as it rings the opening bell, at the New York Stock Exchange (NYSE) in New York City, U.S., March 21, 2024. REUTERS/Brendan McDermid

Reddit set for hotly anticipated debut after pricing IPO at top of range

Social media platform Reddit geared up for its high-profile market debut on the New York Stock Exchange.

Read More Reddit set for hotly anticipated debut after pricing IPO at top of range
The iPhone 15 Pro is presented during the 'Wonderlust' event at the company's headquarters in Cupertino, California, U.S. September 12, 2023. REUTERS/Loren Elliott/File Photo

Apple overtakes Samsung as top seller of smartphones

Apple ended Samsung Electronics’ 12-year run as the largest seller of smartphones in the world.

Read More Apple overtakes Samsung as top seller of smartphones
SpaceX and Tesla founder Elon Musk participates in a town hall-style meeting to promote early and absentee voting at Ridley High School on October 17, 2024 in Folsom, Pennsylvania. (Photo by Anna Moneymaker/Getty Images)
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