Tech2Thai

Criteo, a France-based commerce media company, has entered the Thai market to tap the fast-growing digital advertising business where e-commerce is projected to grow 6 per cent totaling Bt700 billion this year --using AI-powered personalized shopping and other adtech tools.

Nophakhun Limsamarnphun Thailand’s international competitiveness will jump if a significant number of its enterprises adopt artificial intelligence (AI) tools to boost productivity, according to Anothai Wettayakorn, managing director of IBM Thailand. At present, it is estimated that only 5-6 per cent of Thailand-based enterprises have turned to Generative AI (Gen AI) solutions to increase their competitiveness, compared to the global estimate of 10 per cent.

Against the backdrop of slower economic growth, many Thai firms may be reluctant to adopt  AI and related technologies at this stage, but longer-term benefits could outweigh the initial investment costs. According to Koch-owned cloud software company Infor CEO Kevin Samuelson,  generative AI is here to stay and will further increase the competitiveness of companies in terms of faster speed, lower costs and higher accuracy in various business aspects.

GreenNode, a business unit of VNG specializing in AI Cloud services and a preferred NVIDIA Cloud Partner (NCP), has officially launched a large-scale AI Data cluster in Bangkok, Thailand. GreenNode aims to become Asia's leading AI Cloud service provider by supercharging regional AI businesses with high-performance computing (HPC) AI resources. This facility is one of Southeast Asia's first AI-ready hyperscale data centers, operated by GreenNode's Cloud Operation Excellence.

PwC Thailand has released a new report that highlights the challenges faced by family businesses in Thailand when it comes to adopting artificial intelligence (AI). The survey reveals that despite 79% of the next generation of Thai leaders (NextGen) recognising AI as a powerful force for transformation, 58% of family businesses either prohibit or hesitate to explore the potential of generative artificial intelligence (GenAI) technology.

Source: Xinhua| 2024-04-18 13:25:15|Editor: huaxia China's industrial capacity is fully geared towards the global market, a Thai banker has said, stressing that there is no such thing as "overcapacity." The global market is now in great demand for electric vehicles, lithium batteries and green energy products, in which Chinese enterprises have poured early investment and gained a first-mover advantage, Wichai Kinchong Choi, senior vice president of leading Thai bank Kasikornbank, said in a...

Source: Sputniknews  25.05.2024 A global pioneer in space technology, Russia has ambitious plans in store for the near future. The Sphere program is a major component of these plans. Here's everything we know about it. Russian Ministry of Digital Development head Maksut Shadayev confirmed to lawmakers last week that work on a Russian analogue of the Starlink satellite Internet system will be a priority for the government over the coming six years.

Source: Xinhua  Editor: huaxia  2024-06-05 15:55:15 As a heavy-haul train entered a hydrogen fueling station, an automatic robot extended its arm, took out the hydrogenation nozzle and began refueling the train. The hydrogen fueling station for CHN Energy's heavy-haul trains recently started commercial operation in Batuta, Inner Mongolia Autonomous Region, north China.

True Digital group has joined hands with Alibaba Cloud to launch the climate technology platform using the latter’s AI solutions to enable Thai businesses to achieve sustainable growth. Ekaraj Panjavinin, chief digital officer, True Corp, said climate change has negatively impacted people in Thailand and around the world so True has developed the platform using AI and other technologies to address the problem by reducing carbon emissions via more efficient energy consumption methods.

The Thai financial and insurance sectors have turned to artificial intelligence (AI) and advanced  analytics to manage increased credit risks amid the country’s growing  household debts so as to avoid more non-performing loans, according to a senior executive of SAS Software.