Bangkok’s Marvel Theme Park Goes Bust After 7 Months
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THAILAND LIVE Thailand Live Wednesday 29 January 2025
PM Paetongtarn to Discuss Thai Tourism Safety with Xi in Beijing File photo. Courtesy: Xinhua/Ding Haitao Prime Minister Paetongtarn Shinawatra is set to meet Chinese President Xi Jinping next week to discuss tourist safety in Thailand. Her visit to Beijing, scheduled for February 5-8, aims to reassure Chinese tourists concerned about recent safety issues linked to a high-profile human trafficking case involving a Chinese actor near the Thai-Myanmar border earlier this month. Full story: https://aseannow.com/topic/1350119-pm-paetongtarn-to-discuss-thai-tourism-safety-with-xi-in-beijing/ -
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THAILAND LIVE Thailand Live Wednesday 29 January 2025
Chinese nationals deny dine and dash, citing a misunderstanding By Petch Petpailin Photo via Naewna Chinese nationals accused of a dine and dash claimed they did not intentionally evade a bill of 9,480 baht at a restaurant in the Isaan province of Udon Thani, but instead cited a misunderstanding. Full story: https://aseannow.com/topic/1350131-chinese-na -
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Promises made Promises kept , POTUS first few days! The lefts radical response!
When I was in the military we often caught free flights on military aircraft to go home on leave. These were flights that pilots made to meet their proficiency requirements. https://thegunzone.com/how-many-hours-do-military-pilots-fly/ -
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THAILAND LIVE Thailand Live Wednesday 29 January 2025
Bangkok prison scrutinised for bribes and Chinese inmate privilege By Petch Petpailin Photo via Facebook/ เรือนจำพิเศษกรุงเทพมหานคร A Thai political activist and former inmate accused officials at Bangkok Remand Prison of accepting bribes from a Chinese inmate and granting them privileges. Full story: https://aseannow.com/topic/1350137-bangkok-prison-scrutinised-for-bribes-and-chinese-inmate-privilege/ -
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DeepSeek's Breakthrough Sparks Global AI Debate 'wake-up call' for US tech firms, Trump says
The emergence of Chinese tech firm DeepSeek and its groundbreaking AI model has ignited heated discussions across the global tech industry, with US President Donald Trump describing it as "a wake-up call" for American companies. DeepSeek's advancements have sent shockwaves through Wall Street, triggering a sharp decline in shares of major US tech firms, including Nvidia, which saw its market value drop by nearly $600 billion (£482 billion). What has truly unsettled the industry is DeepSeek's claim that its R1 model was developed at a fraction of the cost compared to its American counterparts. This has raised pressing questions about the future of US dominance in AI and the sustainability of the massive investments currently being made by American firms. DeepSeek’s cost-effective approach has introduced a new paradigm, potentially reshaping how AI innovation is pursued globally. In just a week since its launch, DeepSeek has already become the most downloaded free app in the United States, underscoring its immediate impact. Despite the disruption, President Trump has offered a cautiously optimistic perspective. "If you could do it cheaper, if you could do it [for] less [and] get to the same end result. I think that's a good thing for us," he said while addressing reporters aboard Air Force One. Trump also expressed confidence that the US would maintain its leadership in the AI sector, stating that he was not concerned about China's technological advancements. DeepSeek's AI success is powered by its open-source DeepSeek-V3 model, which, according to its researchers, was trained for approximately $6 million (£4.2 million). This figure is significantly lower than the billions spent by rival developers in the United States. However, these cost claims have been met with skepticism by other players in the AI field, sparking further debate about the company’s methods and technological processes. The rise of DeepSeek comes amidst heightened tensions between the US and China over technology, with Washington imposing restrictions on the sale of advanced AI-related chip technology to China. In response, Chinese developers have turned to innovative strategies, including greater collaboration and new approaches to AI development. These efforts have yielded models requiring far less computing power than previous iterations, drastically reducing development costs and creating a potential industry upheaval. The market reaction has been dramatic. While the FTSE 100 index of major UK companies showed resilience, rising 0.46% on Tuesday, US markets experienced volatility. Futures on the Nasdaq, a tech-heavy index, showed slight recovery with a 0.1% increase, and Nvidia shares ticked up in after-hours trading. However, Japanese AI-related firms such as Advantest, Softbank, and Tokyo Electron faced sharp declines, pushing Japan’s Nikkei 225 index down by 1.4%. The founder of DeepSeek, Liang Wenfeng, has become a focal point of attention. Liang, a 40-year-old information and electronic engineering graduate from Hangzhou, China, launched the company in 2023 with backing from a hedge fund he also founded. Recently, Liang attended a meeting with industry leaders and Chinese Premier Li Qiang, further cementing his influence in the tech world. In a July 2024 interview with *The China Academy*, Liang expressed surprise at the global reaction to his earlier AI model. "We didn't expect pricing to be such a sensitive issue," he said. "We were simply following our own pace, calculating costs, and setting prices accordingly." As the world watches DeepSeek’s rise, the implications for AI development, global competition, and market dynamics are profound. While the US remains confident in its dominance, the rapid evolution of cost-efficient AI models may redefine the rules of the game in the tech industry. Based on a report by BBC 2025-01-29
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