This strategy allows the company to offer deep discounts while maintaining profitability. Here’s why Costco’s membership model is so powerful and how it hooks customers into long-term loyalty.

Baidu, China's answer to Google, has released two new AI models. On Saturday, Baidu released Ernie X1, a reasoning model it said "delivers performance on par with DeepSeek R1 at only half the price." ...

Tesla has plans to produce a low-cost version of its best-selling Model Y to boost sluggish sales in China, according to a report. The car will cost at least 20% less to produce than the version ...

SHANGHAI, March 14 (Reuters) - Tesla (TSLA.O), opens new tab will make a lower-cost version of its best-selling Model Y in Shanghai, three people with knowledge of the matter said, aiming to ...

AI company Sesame has released the base model that powers Maya, the impressively realistic voice assistant. The model, which is 1 billion parameters in size (“parameters” referring to ...

Alibaba Group Holding Ltd. has released a new artificial intelligence model that it says can read emotions, in an apparent bid to outpace OpenAI’s latest model. In two demonstrations, Alibaba ...

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Open Source Generative Process Automation (i.e. Generative RPA). AI-First Process Automation with Large ([Language (LLMs) / Action (LAMs) / Multimodal (LMMs)] / Visual Language (VLMs)) Models ...