Technology
- 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…
- Business News
Boeing launches Cascade tool to aid zero-emission aviation by 2050
Boeing Co has introduced a data modelling tool, Cascade, designed to assist airlines and policymakers in determining the most efficient route to achieve zero aviation emissions by 2050. The tool enables users to manipulate various variables, such as the adoption of sustainable fuels or electric propulsion, the replacement of older aircraft, operational enhancements, and other advanced technologies, to better comprehend…
- 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
Canon targets 10% revenue growth in Thai printer market with new laser models
Canon Marketing (Thailand), the local branch of the Japanese technology company, has set a target of achieving a 10% revenue growth for its printer business this year, while simultaneously launching new laser printer models in the market. Thailand ranks as the fourth largest growth market in Asia-Pacific for both inkjet and laser printers, following India, Indonesia, and the Philippines. 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
CIMB Thai Bank targets 500 million baht in digital personal loans focusing on upper-income segment
CIMB Thai Bank (CIMBT) has announced intentions to expand its digital personal loan offerings in the current year, aiming for a total of 500 million baht whilst primarily focusing on the upper-income segment. Recently, CIMBT introduced two digital personal loan products – the “Personal Cash” instalment loan and the “Extra Cash” credit line. These products have a combined value of…
- 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
Binance resumes bitcoin withdrawals after brief closure due to congestion issue
Binance, the world’s leading cryptocurrency exchange, recently announced that it had resumed Bitcoin withdrawals following a temporary halt due to a congestion problem. The exchange experienced an interruption in withdrawals for the most widely recognised cryptocurrency, Bitcoin, lasting for over an hour before the issue was resolved. The cryptocurrency exchange did not disclose additional information regarding the nature of the…
- 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
AMD shares fall as second-quarter forecast misses expectations
Shares of Advanced Micro Devices experienced a decline yesterday following a second-quarter forecast that failed to meet Wall Street expectations. This overshadowed the company executives’ optimism that the beleaguered chip market will begin to recover in the latter half of 2023. After AMD announced first-quarter sales below analyst predictions for PC and data centre chips, their two most significant segments,…
- 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…
- Health
What you need to know about Liposuction in Bangkok, Thailand
Sometimes stubborn fat won’t disappear no matter how much you diet and exercise. Because of this, liposuction, one of the most common plastic surgeries worldwide, is frequently chosen by patients. Liposuction involves removing extra fat from specific body parts, including the face, under the chin, thighs, hips, buttocks, back, and arms, in order to give them a more contoured and…
- 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…
- Technology News
10 AI Tools to Up Your Game, Beyond ChatGPT
In today’s ever-evolving digital landscape, it’s important to stay ahead of the curve when it comes to tools and technologies that can enhance your work. As Artificial Intelligence (AI) continues to develop and revolutionize the way we interact with technology, it’s no surprise that businesses are leveraging AI tools to increase efficiency and productivity. But while most people are familiar…
- Hot News
Passengers at Bangkok’s main train terminal to get help from new robots
Passengers at Bangkok’s Krung Thep Aphiwat Train Terminal will be getting help from new service robots. The massive train station, formerly known as Bang Sue Grand Station, will feature six robots which can communicate in English, Thai and Chinese. The robots can guide passengers to certain locations in the train station such as the food centre, ticket booths, and taxis.…
- Hot News
Japan makes path to enlightenment easier with “AI Buddha” tool
Japan has once again made use of its advanced technological skills by creating an artificial intelligence (AI) tool to help those attain enlightenment. The Buddhist tool, aka AI Buddha, brings ancient scriptures’ spiritual guidance to smartphones. According to Bangkok Post, the software was co-developed by a team of religious and computer academics at Kyoto University. The software has been programmed to…
- Bangkok News
Chinatown manhole covers to use art, tech to become cultural map
A new blend of utility, art, and technology will transform mundane manhole covers in Bangkok’s Chinatown into beautifying sources of information according to a new plan. Bangkok Governor Chadchart Sittipunt met with members of the Office of Thailand Science Research and Innovation as well as Silpakorn University to develop the new project. The plan is to create beautiful manhole covers…
- World News
Mobile phone growth to increase 400% in next 3 years across Asia Pacific
Over the next three years, the expansion of 5G connectivity in the Asia Pacific region is expected to increase by 400%. GSM Association, a conglomerate of telecom operators worldwide, says the ‘metaverse’ and greater uptake in the latest generation of smartphones is fuelling the growth. The GSM Association is an industry organisation that represents the interests of mobile network operators…
