Latest news with #KaweewutTemphuwapat
Bangkok Post
22-07-2025
- Business
- Bangkok Post
SCBX to put Thai research on global stage
SCBX Group says it is firmly committed to advancing Thai research on to the world stage by continuing to publish "A-Star" (A*) research at top-tier conferences as ranked by the Computing Research and Education Association of Australasia (CORE). This goal is a key mechanism for boosting Thai researchers' capabilities and broadening their international influence. A-Star research refers to international conferences ranked by CORE, which classifies conferences within four tiers -- A*, A, B and C. Recently, the Typhoon research team of SCB 10X, the disruptive technology investment arm within SCBX Group, achieved a major milestone with the acceptance of five co-authored artificial-intelligence papers by the Association for Computational Linguistics (ACL) 2025, one of the world's most prestigious conferences in natural-language processing and computational linguistics. The success stems from collaboration with four leading institutions: VISTEC, Stanford University, the University of Cambridge, and the SEACrowd research community. It comprises three papers in the main conference, one in the findings, and one in the conference's Large Language Model (LLM) Security Workshop. Kaweewut Temphuwapat, chief executive of SCB 10X, said the company was "deeply honoured" that all five of Typhoon's co-authored papers were accepted by ACL 2025, with a rigorous peer-review process and high international recognition. The three papers in the category of main conference are "Skill Aggregation: Reference-free LLM-Dependent Aggregation" (authored in collaboration with the University of Cambridge and Stanford University), "Mind the Gap! Static and Interactive Evaluations of Large Audio Models" (in collaboration with Stanford University), and "Crowdsource, Crawl, or Generate? Creating SEA-VL, a Multicultural Vision-Language Dataset for Southeast Asia" (in collaboration with SEACrowd). The paper in the findings category is "Towards Better Understanding of Program-of-Thought Reasoning in Cross-Lingual and Multilingual Environments" (in collaboration with VISTEC). The paper in the LLM Security Workshop category is "Shortcut Learning in Safety: The Impact of Keyword Bias in Safeguards" (in collaboration with VISTEC). Mr Kaweewut said that SCB 10X is one of Thailand's leading organisations pursuing A*-quality research, with 11 AI papers accepted and published at top-tier international conferences such as ACL, the Empirical Methods in Natural Language Processing Conference, the International Conference on Learning Representations, and Interspeech. Research insights from these papers were the foundation for SCB 10X's Typhoon T1, Typhoon2 R1, and Typhoon2 Audio AI models. "In addition, SCB 10X has published several technical reports on the approaches behind our models on enabling researchers worldwide to access and build upon this knowledge freely." Although each paper has a specific focus, they all share a common goal: developing AI that is context-aware, inclusive and pragmatic, Mr Kaweewut said. "We thank our collaborators, co-authors, and reviewers for making this possible," he added. Although Thailand does not yet have an official national ranking for A* conference participation, signs of growth are emerging, with organisations such as SCBX Group, VISTEC, and Chulalongkorn University actively laying the groundwork for Thai researchers to gain global visibility and enhance the nation's reputation through world-class research.
Yahoo
27-05-2025
- Business
- Yahoo
Asia Morning Briefing: Thai Banks May Soon Hold Crypto, SCB10X CEO Signals Sandbox Push
Welcome to Asia Morning Briefing, a daily summary of top stories during U.S. hours and an overview of market moves and analysis. For a detailed overview of U.S. markets, see CoinDesk's Crypto Daybook Americas. Uniswap's UNI token surged from $6.00 to $6.65 over the past 24 hours, pushing the token up 5%, while the broader market gauge CoinDesk20 Index fell 1.8% in the last 24 hours. This momentum coincides with Uniswap recording its highest monthly transaction volume since February, processing over $73 billion in trades and generating more than $380 million in revenue this year, as institutional interest grows and a notable whale re-entered the market by acquiring nearly $4 million worth of UNI. Kaweewut Temphuwapat, the new CEO of SCB10X, the venture arm of Thailand's SCB bank, sees significant opportunities emerging at the intersection of AI, crypto, and Web3. "We definitely [are] going more on AI and also crypto and AI plus crypto," Temphuwapat told CoinDesk, highlighting these hybrid investments as firmly "under our radar." He predicts clearer crypto regulation in the U.S. will fuel increased deal flow into resilient Asian markets, noting SCB10X's early success investing in Ripple: "We are an early investor in Ripple of 10 years ago… we've used that technology for the last five to six years in our SCB App." Temphuwapat praised Thailand's proactive and innovative regulators, highlighting the country's robust payments infrastructure. He expects Thai banks, including SCB, could soon directly hold crypto tokens on their balance sheets, initially through regulatory sandboxes: "The intention is there... they allow us to do [it] in a small scale." Pseudonymous trader "James Wynn," known for high-stakes crypto bets on decentralized platform Hyperliquid, has shifted focus from billion-dollar bitcoin positions to memecoins, recently placing a leveraged $1 million bet on Pepe (PEPE), CoinDesk reported earlier. Previously, Wynn closed a massive $1.2 billion bitcoin long position at a $17.5 million loss, before pivoting to a $1 billion short position at 40x leverage, effectively wagering their entire $50 million wallet balance on bitcoin's downside. That short briefly netted Wynn about $3 million in profit before closing, marking one of the largest trades ever executed fully on-chain. Wynn announced stepping back from perpetual trading after securing a cumulative profit of $25 million, earned from an initial investment of just over $3 million. The trader's latest high-leverage PEPE position has already gained $500,000 amid a nearly 6% rise in the memecoin's value. Strategy (MSTR), the largest corporate holder of bitcoin, purchased an additional 4,020 BTC between May 19 and May 25 for roughly $427 million, bringing its total holdings to 580,250 BTC, CoinDesk previously reported. The acquisition was funded through three separate at-the-market equity programs, including sales of common and preferred stock totaling approximately $427 million. These latest bitcoin purchases were executed at an average price of $106,237 per coin, pushing Strategy's total investment in bitcoin to over $40.6 billion, at an average cost basis of $69,979 per coin. The acquisitions reflect the company's ongoing commitment to expanding its sizable bitcoin holdings through regular capital raises and share issuances. BTC: Bitcoin holds steady near record levels around $109,000, consolidating gains despite tariff-induced volatility, as long-term investors continue accumulating amid macroeconomic uncertainty. ETH: Ethereum maintains resilience above $2,500 amid volatility and cautious whale behavior, supported by continued institutional inflows into spot ETH ETFs. Gold: Gold dips slightly on tariff delay but stays above $3,310 as deficit concerns fuel bullish outlook. Hang Seng: Hong Kong's Hang Seng opened lower, trading above 23,304, led by tech losses, including Meituan's 4.9% decline. Nikkei: Japan's Nikkei 225 dipped 0.13% Tuesday morning as markets assessed Trump's tariff delay. S&P 500: Closed for Memorial Day. What It Was Like Inside the Trump Crypto Dinner (Decrypt) Solana eyes Alpenglow for next-gen consensus layer (Blockworks) Trump media group plans to raise $3bn to spend on cryptocurrencies (Financial Times) Pakistan Taps Surplus Power Capacity to Fuel Bitcoin Mining, AI Data Centers (CoinDesk) Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
