Technology
- World News
Xiao-I, Chinese AI chatbot pioneer, targets global expansion
Yuan Hui’s company Xiao-I has come a long way since it launched its first chatbot two decades ago. Today, the Shanghai-based firm is valued at over US$400 million, listed on the Nasdaq, and aims to expand its presence in the global market. Yuan, the chairman and chief executive of Xiao-I, was inspired to develop a chatbot back in 2003 during…
- Business News
Virtual twin tech tackles traffic congestion and pollution in smart cities
Virtual twin technology is emerging as a transformative tool for future mobility and smart cities, helping to address issues such as traffic congestion and air pollution, according to Dassault Systèmes, a France-based 3D design software company. This technology is an extension of digital twins, which are digital replicas of physical objects, systems, or processes that integrate advanced technologies and data…
- World News
China aims for moon landing by 2030, expands space station
China announced plans to send astronauts to the moon before 2023 while also expanding its space station. Today, a live broadcast will cover the launch of a spacecraft at 8.31am Thai time, carrying three Chinese astronauts. Tensions between China and the United States have intensified in various spheres, among them the competitive nature of their respective space industries. The US…
- Business News
Neuralink’s mind-blowing milestone: FDA gives Elon Musk’s brain-implant venture green light
The US Food and Drug Administration (FDA) has approved Neuralink, Elon Musk’s brain-implant company, to start its first-in-human clinical trial. This marks a significant milestone for the company, which had previously faced challenges in obtaining approval. In a tweet, Neuralink stated that the FDA’s decision was an essential first step towards helping many people through their technology, though further details…
- Business News
Meta finalises layoffs, cutting 10,000 jobs, refocusing on AI
Meta Platforms, the parent company of Facebook, completed its final phase of a three-part round of job cuts, reducing its workforce by 10,000. Employees from various departments, including marketing, site security, enterprise engineering, program management, content strategy, and corporate communications, announced their layoffs on LinkedIn. Privacy and integrity units were also affected by the job cuts. The social media giant…
- Business News
Dyson aims to double product range, expand beyond home innovations by 2025
Dyson, renowned for its innovative household appliances, has been focusing on making everyday tasks more efficient and convenient for users. The development of such cutting-edge products often takes years and numerous prototypes, with Dyson’s bagless vacuum cleaner taking over five years and 5,127 prototypes to perfect. The company’s entrance into the beauty market with its hair dryer involved four years…
- Business News
Meta reveals in-house AI chip family for data centre upgrades
Meta Platforms recently unveiled its in-house custom chip “family” aimed at enhancing artificial intelligence (AI) work. The company developed its first-generation chip in 2020 as part of the Meta Training and Inference Accelerator (MTIA) programme, to improve efficiency for recommendation models used in serving ads and other content in news feeds. The first MTIA chip was designed exclusively for an…
- Business News
Micron to invest £3.7bn in Japan’s EUV tech for advanced chip production
Micron Technology revealed planned yesterday to invest up to 500 billion yen (US$3.7 billion) in extreme ultraviolet (EUV) technology in the coming years, supported by the Japanese government. The advanced EUV lithography chip-making machines will be utilised to manufacture 1-gamma chips, which are essential for the mass production of materials used in complex applications such as image processing networks. The…
- Technology News
Thavorn Hotels & Resorts successfully implements Hotefy Mobile Guest Solution
Thavorn Hotels & Resorts has recently integrated the Hotefy mobile guest solution at their Thavorn Palm Beach property. Under the guidance of the new generation of hotel leadership, Pat Thavornwongwongse and John Thavornwongwongse, the hotel group is eager to introduce new technology to enhance their properties. Thanks to the support of their directors and department heads, Thavorn Hotels & Resorts…
- Business News
Etix Itel Bangkok invests US$20m in data centre expansion amid cloud services boom
Etix Itel Bangkok Co, the company behind the ETIX Bangkok#1 data centre, is set to invest nearly US$20 million in expanding its capacity to meet the increasing demand for cloud services and digital transformation in Thailand. The growth of the digital economy in the country has been bolstered by global cloud providers investing in the region. Nuttanai Anuntarumporn, CEO of…
- Business News
Thailand Plus Package extension anticipated to attract 6 billion baht investment in three years
The Revenue Department anticipates that the tax measures designed to support the relocation of foreign investors’ production bases will generate investment of approximately 6 billion baht within three years, according to Deputy Director-General Vinit Visessuvanapoom. Visessuvanapoom explained that the cabinet has given its backing to an extension of the tax measures, also referred to as the Thailand Plus Package, which…
- Business News
Machine anxiety: How to reduce confusion and fear about AI technology
In the 19th century, computing pioneer Ada Lovelace wrote that a machine can only “do whatever we know how to order it to perform”, little knowing that by 2023, AI technology such as chatbot ChatGPT would be holding conversations, solving riddles, and even passing legal and medical exams. The result of this development is eliciting both excitement and concern about…
- Business News
Thailand partners with Asean organisations to develop electric vehicle battery technology
Thailand has joined forces with five technology and electric vehicle (EV) organisations in Asean to conduct a joint study and develop EV battery technology, in efforts to strengthen the booming EV industry in the region. This collaboration aims not only to enhance the EV ecosystem but also to support Asean’s economy under its sustainable development concept, stated Pimpa Limthongkul, the…
- Business News
WhatsApp in-chat payments roll out in Singapore: A new chapter for SMEs or a security risk?
Digital payments are transforming rapidly, and WhatsApp’s recent decision to launch in-chat payments in Singapore highlights this change. The move by Meta, WhatsApp’s parent company, is expected to have a significant impact on local businesses and increase competition among the region’s e-payment providers. However, concerns also arise around security, privacy, and the potential for scams and fraud. With a user…
- Business News
Revolut CFO Mikko Salovaara resigns amid banking licence delays
Financial technology company Revolut announced yesterday that its Chief Financial Officer, Mikko Salovaara, aged 31, will be departing the firm after two years in the position. A spokesperson for the London-based start-up cited “personal reasons” as the cause for his resignation. At this time, no successor has been named by Revolut. The company has been going through a challenging period…
- Business News
Truemoney partners with Mastercard and Google for contactless payment expansion
TrueMoney, a prominent e-payment and financial service provider, has collaborated with Mastercard and Google to facilitate the integration of TrueMoney Mastercard virtual prepaid cards, formerly referred to as WeCard, into Google Wallet. This development enables Google Wallet users to utilise TrueMoney Mastercard for contactless payment through the Google Pay platform. Apinand Dabpetch, head of TrueMoney’s growth and wallet platform, explained…
- Business News
Anthropic’s AI constitution: creating a safer rival to OpenAI’s ChatGPT
Google owner Alphabet-backed artificial intelligence (AI) startup Anthropic has revealed its rival to OpenAI’s ChatGPT, named Claude, which comes with a set of written moral values designed to make the chatbot safe to use. The moral values guidelines, known as Claude’s constitution, draw from various sources such as the United Nations Declaration on Human Rights and Apple Inc’s data privacy…
- Business News
Twitter CEO Elon Musk reveals new features including calls and encrypted messaging
Details regarding new features for Twitter, including calls and encrypted messaging, have been unveiled by Chief Executive Elon Musk, 49 years old, on Tuesday. Last year, Musk teased plans for “Twitter 2.0 The Everything App,” which he claimed would contain options like encrypted direct messages (DMs), long-form tweets, and payments. Musk announced in a tweet on Tuesday that the platform…
- Business News
Thai organisations collaborate to develop AI-powered chatbot for multiple sectors
Thai artificial intelligence (AI) engineers from public and private organisations have joined forces to create a Thai-language generative AI-powered chatbot, which is set to benefit various sectors such as education and business. The National Electronics and Computer Technology Center (Nectec) revealed its partnership with the Artificial Intelligence Entrepreneur Association of Thailand (AIEAT), the Artificial Intelligence Association of Thailand (AIAT) and…
- Business News
Digital bank runs: How social media fuels panic and threatens financial stability
A crisis of confidence in the US banking sector has led individuals to withdraw their money from financial institutions including Silicon Valley Bank, Credit Suisse, First Republic Bank, and California-based PacWest Bancorp. This series of events has given birth to a new term in the finance lexicon: digital bank run. In contrast to traditional bank runs, where people would form…
- Business News
Dexon Technology’s overseas expansion strategy amid global recession forecasts
Despite numerous predictions of a potential global economic recession, Dexon Technology’s chief executive Mallika Kaekla is confident that the company’s strategy to expand overseas will help boost revenue this year. Established in 1996 close to the Map Ta Phut industrial estate in Rayong province, Dexon Technology originally provided engineering inspection services for the energy and petrochemical sectors, ensuring efficiency and…
- Business News
Thailand’s One Drone, One Community project aims to boost smart farming and economy
The Digital Economy Promotion Agency (Depa) has announced its plan to launch a pioneering project in Thailand that will provide large drones to communities and offer training in drone maintenance to encourage smart farming development. The initiative, titled “One Drone, One Community,” is backed by the Digital Economy Fund and aims to create an economic impact exceeding 800 million baht…
- Business News
Biodiesel and used cooking oil set to fuel sustainable aviation industry
Biodiesel, which is a combination of diesel and palm oil-derived methyl ester, as well as previously discarded used cooking oil, is now competing to revolutionise the aviation industry. These two oils can be processed to create sustainable aviation fuel (SAF), an eco-friendly biofuel for aircraft. Many companies are keen to produce SAF as airlines become increasingly aware of its potential…
- Business News
White House to discuss AI’s promise and risks with tech giants
The White House is set to host discussions with leading executives from Google, Microsoft, OpenAI, and Anthropic, aimed at tackling the potential risks and benefits of artificial intelligence(AI). The agenda includes Vice President Kamala Harris and other US administration officials exploring methods to ensure consumers reap the advantages of AI while remaining safeguarded from its potential dangers, as stated in…
- Business News
TikTok’s US trust and safety head Eric Han to leave amid ban threats
TikTok revealed that Eric Han, the head of US trust and safety, will leave the company on May 12, resulting in a loss of a key executive as the popular short-form video app faces the possibility of a ban in the US. Owned by Chinese tech firm ByteDance, TikTok has already been prohibited on government-issued phones in countries such as…
- Business News
Godfather of artificial intelligence quits Google, warns of technology’s dangers
A prominent computer scientist, frequently referred to as “the godfather of artificial intelligence,” has resigned from Google to voice his concerns about the potential dangers of the technology, according to yesterday’s US media reports. Geoffrey Hinton, known for creating a foundational technology for AI systems, expressed to The New York Times that advancements in the field could pose “profound risks…
- Technology News
China offers engine substitutes for Thai submarine project with benefits
Chinese authorities have committed to meeting three conditions concerning warranty, compensation, and safety if the Royal Thai Navy (RTN) opts for a Chinese-produced engine to replace a German-made one for an S26T Yuan-class submarine being assembled in China, according to Navy commander Adm Choengchai Chomchoengpaet. Following a recent meeting with China’s navy chief and defence minister, Adm Choengchai revealed that…
- World News
China moves to regulate ChatGPT-like AI chatbots
The Chinese government is moving to regulate the nation’s burgeoning chatbot industry, taking a cautious approach to the technology to maintain tight control over its development. The draft rules unveiled by the Cyberspace Administration of China (CAC) this month, which will affect artificial intelligence (AI) systems like ChatGPT used to generate text and images in response to user requests, demonstrate…
- Best of
Get your geek on at these best IT stores in Thailand
Ready to upgrade your tech game? Whether you’re in search of the latest iPhone or a sleek new laptop, navigating the world of IT shopping in Thailand can be a real minefield. With so many stores vying for your attention, it can be tough to know where to begin. Fear not, tech-savvy shoppers! We’ve scoured the land to bring you…
- Thailand News
The 4 Traveller Tribes of the next decade
Travel-tech outfit Amadeus has identified what it calls the four “Traveller Tribes” of the next decade – experientialists, influencers, memory makers and pioneers. According to the Nation, Singapore’s Amadeus examined emerging traits, behaviours, and preferences, to pinpoint what travellers will want a decade from now. Pioneers, more than 40% of all travellers globally and the largest tribe, live fast-paced lives…
