Technology Weekly News | August 2024

?? Welcome to this week's tech roundup, where groundbreaking innovations and strategic investments take center stage. Explore the latest in AI, medical innovation, EV incentives, Google’s new hardware, green logistics, and Fintech opportunities at this week's top tech events.

?? Techsauce Global Summit 2024: Shaping the Future with AI and Intelligence Augmentation

Techsauce , a key player in Thailand's tech ecosystem, has launched the "Techsauce Global Summit 2024" under the theme "The World of Tomorrow with AI." This event, the largest of its kind in Southeast Asia, highlights the latest AI trends shaping our future.

The summit will feature 350+ global speakers, including AI experts, investors, and industry leaders, sharing insights on AI for growth, governance, and cultural integration. A key focus is the transition from Artificial Intelligence (AI) to Intelligence Augmentation (IA), where experts like Pattie Maes from MIT will explore how AI can enhance human capabilities.

CEO Oranuch (mimee) L. emphasized the event's goal of boosting Thailand's tech ecosystem, driving investment, and positioning the country as a tech gateway in Southeast Asia. The summit aims to generate substantial economic impact and foster a sustainable future through technology.

Read more at www.traveldailynews.asia

?? Siriraj Hospital Integrates AI for Enhanced Medical Diagnosis and Workflow Optimization

The Faculty of Medicine Siriraj Hospital, Mahidol University, has embraced AI technology to revolutionize medical analysis and diagnostics, aiming to boost accuracy in disease detection and improve workflow efficiency.

A notable study at Siriraj employs the YOLO object detection model to identify centroblast cells in H&E stained slides, crucial for accurate lymphoma staging. This innovation enhances patient classification into appropriate stages, thus improving treatment outcomes. Siriraj’s AI research also extends to various medical fields, including AI-assisted mental health assessments and COVID-19 screening through the CHIVID app.

Looking forward, Siriraj Hospital plans to expand its AI initiatives to include Mammogram and CT Brain analysis by the end of 2024, further strengthening its role as a leader in medical technology and patient care.

Read more at www.medtechspectrum.com

?? BOI Unveils New Incentives to Boost Joint Ventures and EV Production in Thailand

Thailand's Board of Investment (BOI) has announced new incentives to encourage joint ventures (JVs) between Thai and foreign companies for producing automotive parts, especially focusing on electric vehicles (EVs).

Thailand, Southeast Asia’s automotive hub, is keen to attract investments in the EV sector. The incentives offer up to eight years of tax exemptions for new and transitioning parts manufacturers forming JVs by 2025. A JV must invest at least 100 million baht, with a Thai firm owning 60% and contributing 30% of the capital. Hyundai’s recent 1 billion baht investment to establish an EV assembly facility in Thailand underscores the country’s growing role in the global EV market.

These incentives are part of Thailand’s strategy to enhance its automotive sector’s competitiveness, drive innovation, and position the country as a key player in the future of automotive manufacturing, particularly in EVs.

Read more at www.thethaiger.com

?? Google Unveils New Hardware Lineup and Teases AI-Driven Pixel 9 at 'Made by Google 2024'

In August, Google has been actively releasing new consumer hardware, including a Nest Thermostat and Google TV Streamer. The company is set to unveil more innovations at the "Made by Google 2024" event tomorrow on August 13.

Taking place at Google's Mountain View headquarters, the event will introduce the Pixel 9 Pro and Pixel 9 Fold, highlighting Google's focus on generative AI with the tagline, “A (foldable) phone built for the Gemini era.” Android 15 is expected to debut on the Pixel 9 line, alongside an upgraded in-house processor. The latest versions of Pixel Watch and Pixel Buds Pro are also anticipated.

Google's 2024 event marks a significant update in its hardware offerings, emphasizing AI integration across its products, signaling a strong push into the future of mobile technology.

Read more at www.techcrunch.com

?? WHA Corporation Invests in AI to Lead Green Logistics and Transition into Tech Company

WHA Corporation, Thailand’s top logistics developer, is ramping up its AI investment to enhance green logistics operations, aiming to transition into a tech company.

This year, WHA plans to invest 60 million baht in AI, boosting efficiency and supporting its 2021 strategic roadmap. The company also plans a joint venture with a US tech firm, highlighting international interest in Thailand’s growing tech infrastructure. During the Techsauce Global Summit, WHA showcased Mobilix, a software solution for managing electric vehicles (EVs) and batteries, expected to strengthen their green logistics and reduce carbon emissions.

WHA aims to replace oil-powered vehicles with 10,000 EVs at its industrial estates, aligning with Thailand’s goals for carbon neutrality by 2050. This initiative marks WHA’s commitment to achieving net-zero emissions and leading in sustainable logistics.

Read more at www.bangkokpost.com

?? WikiEXPO Thailand 2024: A Key Platform for the Fintech Industry and Global Business Opportunities in Bangkok

Bangkok is set to host WikiEXPO Thailand on September 7, a major Fintech event organized by WikiGlobal, gathering industry leaders, investors, and companies from Thailand and around the world.

With the theme "The Deeper, The Richer," the event will explore the potential of Thailand's financial market while fostering global business connections. Highlights include the launch of the "WikiFX SkyLline Guide" for local investors and a new After Party segment. Attendees will benefit from insights shared by top experts, successful entrepreneurs, and policymakers, making this a key event for those interested in Fintech's future.

WikiEXPO Thailand 2024 promises to be a pivotal gathering for the Fintech industry, offering valuable networking and knowledge-sharing opportunities, and solidifying Bangkok's role as a hub for financial innovation.

Read more at www.wikiexpo.com

Be the first to know! Subscribe to our newsletter for exclusive updates and analysis on how these key developments are driving the future of technology ??

?? Follow us on Meta for the Thai-language version. ????????????????????????????? facebook.com/vmothailand

#TechnologyNews #VMO #VMOGlobal #VMOThailand #VMOAI