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PU Prime Launches Demo Trading Contest

  • PU Prime is taking a fresh approach to the traditional trading contest with futuristic visuals and an exciting theme, making it well-suited for beginner traders as it is also risk-free trading done on a demo account
  • Prizes incentivize traders to do well by strategising their trading, inculcating good habits when they start trading with a live account
  • Also gives experienced traders a chance to prove their mettle in a controlled environment where everyone starts off on equal footing

SEYCHELLES – Media OutReach – 7 July 2023 – PU Prime is excited to share that it is launching a new demo trading contest as part of its lineup of events this year. Titled the Cosmic Trading Battle Royale, this contest pits the trading skills of its contestants against each other in an exciting, risk-free trading environment.

At stake is a prize pool totalling US$8000 in cash, with prizes for the top 10 traders, and the trader with the most margin in first place bringing home US$3000; followed by $2000, $1000, and $500 for the following three runner ups; and $250 for the traders in the 5th to 10th places.

Participants will each be provided with a new PU Prime demo account bearing the same virtual equity of US$100,000 to start off with. This means that participants will be starting off on equal ground, and have just under four weeks to prove their trading mettle on the intuitive but powerful PU Prime app.

Registration starts 3 July, while the contest period runs from 10 July 2023 to 4 August 2023, starting at 00:00 and ending at 12:00 GMT+3. However, contestants can also register and jump in any time during the contest period.

To start, interested participants simply have to download the PU Prime app, register for the contest, and activate it before starting to trade on their demo account during the contest period. For those without an existing PU Prime Live Account, one will have to be created in order to receive any cash prizes, which will be deposited into said accounts if and when awarded.

For budding traders, this is an exciting opportunity to jump start into the world of trading. For experienced ones, this is an excellent chance to prove their skills and potentially win a generous cash prize.

In order to get the most out of this trading contest, PU Prime strongly encourages participants to master the markets. Either by viewing one of PU Prime’s webinars on their YouTube page; or perusing some of PU Prime’s educational materials. Participants can also keep up with financial news, as well as the latest developments of the contest by following PU Prime on social media.

PU Prime wishes contestants all the best, and godspeed with their trading for this contest. Full details of the Cosmic Trading Battle Royale can be found here.

Hashtag: #PUPrime #PUPrimeDemoTradingContest #TradingContest #CosmicTradingBattleRoyale #DemoTradingContest




The issuer is solely responsible for the content of this announcement.

About PU Prime

Founded with the vision of making trading accessible for all, PU Prime is an award-winning online brokerage offering hundreds of products across multiple asset classes, including forex, indices, commodities, and more. The company is committed to providing a secure and regulated trading environment, 24-hour multilingual support, low trading costs, and being at the cutting edge of technology to ensure it always stays ahead in the competitive CFD industry.

Contact Us:
Phone: +248 4373 105
Email: info@puprime.com
Address: 9A, CT House, Providence, Mahe, Seychelles

Visit Laos Year 2024 Anticipated to Welcome 4.6 Million Visitors

Positive Momentum as Laos Moves Towards Visit Laos Year 2024, MICT Reports
Tourists in Luang Prabang. (Stock Photo)

The Ministry of Information, Culture and Tourism (MICT) has revealed key milestones and achievements of the tourism industry in Laos from the first six months of this year, along with plans to welcome over 4 million visitors for “Visit Laos Year 2024.”

Heat Records Shattered: Earth Sweats Through Four Hottest Days Ever Recorded

Sunset over Taipei city.
Sunset over Taipei city.

Our planet has experienced unprecedented heat over the past three days, setting new records for the hottest days ever recorded three times in a row.

Alibaba Cloud Unveils AI Image Generation Model Tongyi Wanxiang to Help Businesses to Unleash Creativity and Productivity

ModelScopeGPT also launched to help users accomplish complex AI tasks

SHANGHAI, CHINA – Media OutReach – 7 July 2023 – Alibaba Cloud, the digital technology and intelligence backbone of Alibaba Group, today unveiled its latest AI image generation model, Tongyi Wanxiang (‘Wanxiang’ means ‘tens of thousands of images’) at the World Artificial Intelligence Conference 2023. The cutting-edge generative AI model is now available for enterprise customers in China for beta testing.

In addition, the cloud pioneer announced the launch of ModelScopeGPT, a versatile framework designed to assist users in accomplishing complex and specialized AI tasks across language, vision, and speech domains by leveraging various AI models on ModelScope. ModelScope is an open-source Model-as-a-Service (MaaS) platform introduced by Alibaba Cloud last year, featuring over 900 AI models.

“Tongyi Wanxiang represents another significant milestone in our pursuit of advanced generative AI models as we continue to explore paradigm-shifting technologies that empower businesses and communities to unleash greater creativity and productivity,” said Jingren Zhou, CTO of Alibaba Cloud Intelligence.

“With the release of Tongyi Wanxiang, high-quality generative AI imagery will become more accessible, facilitating the development of innovative AI art and creative expressions for businesses across a wide range of sectors, including e-commerce, gaming, design and advertising.”

Introducing Tongyi Wanxiang for Image Generation

The generative AI model is adept at handling various tasks, responding to text prompts in Chinese and English to generate detailed images in an array of styles, encompassing watercolours, oil and Chinese painting to animation, sketch, flat illustration, and 3D cartoons. Moreover, the model can transform any image into a new one with a similar style and stylize images through style transfer, which preserves the content of the original image while applying the visual style of another picture.

Powered by Alibaba Cloud’s trailblazing technologies in knowledge arrangement, visual AI and natural language processing (NLP), the model leverages multilingual materials for enhanced training. It boasts a robust semantic comprehension capability, resulting in more accurate and contextually relevant image generation.

Additionally, by optimizing the high-resolution diffusion process based on the signal-to-noise ratio, the model can strike a balance between composition accuracy and detail sharpness while enhancing its ability to generate high-contrast, visually stunning images with clean backgrounds.

Tongyi Wanxiang was developed using Composer, Alibaba Cloud’s proprietary large model that enables greater control over the final image output, such as spatial layout and palette, while maintaining image synthesis quality and creativity.

Text-to-image generation examples by Tongyi Wanxiang:

Prompt: Immersive, captivating, grayscale coloring, featuring a tiger in the tranquil mandala forest. The image is composed of lines and brushstrokes.
Prompt: Immersive, captivating, grayscale coloring, featuring a tiger in the tranquil mandala forest. The image is composed of lines and brushstrokes.

Please refer to the demo video of Tongyi Wanxiang here: https://www.alizila.com/video/wach-how-alibaba-tongyi-wanxiang-creates-generative-ai-image/. Enterprise customers in China can apply for beta testing of Tongyi Wanxiang at: https://wanxiang.aliyun.com/

ModelScopeGPT Launched for Sophisticated AI Tasks

Alibaba Cloud also unveiled ModelScopeGPT (https://modelscope.cn/studios/damo/ModelScopeGPT/), a powerful framework designed to harnesses the power of Large Language Models (LLMs) available on the platform. ModelScopeGPT will use LLMs as a controller to connect an extensive array of domain-specific expert models in the ModelScope open-source community. Built within the rich Model-as-a-Service ecosystem, ModelScopeGPT leverages the various AI capabilities offered on Alibaba Cloud. Enterprises and developers can leverage ModelScopeGPT for free to access and execute the best-suited models for performing sophisticated AI tasks based on users’ requests, such as developing multilingual videos.

Alibaba Cloud launched its LLM named Tongyi Qianwen in April, and it plans to integrate the LLM across Alibaba’s various businesses in order to improve the user experience in the near future. The company’s customers and developers will also have access to the model to create customized AI features in a cost-effective way. Since the model’s launch, over 300,000 beta testing requests were received from enterprises from a broad range of sectors, including fintech, electronics, transport, fashion and dairy.

Tongyi Qianwen has also been integrated into Alibaba Cloud’s intelligent assistant, Tingwu, enabling the assistant to comprehend and analyze multimedia content with high levels of accuracy and efficiency. Over 360,000 users have accessed to the AI-powered assistant since its launch.

AI Hackathon Competition to Inspire Innovation

ModelScope also hosted its first ever AI Hackathon in China to facilitate the industrial applications of AI models, with cash prize awards and funding opportunities from leading venture capital firms as incentives.

From over 300 participating teams, 56 teams made it to the final round. Participants competed for the grand prize on two tracks. One is to innovate upon a large language model to solve a real-life problem. The second is to leverage existing pretrained models to complete an assigned task, such as text-to-image generation or to build an LLM-powered autonomous agent to utilize the right models for specific tasks.

“By hosting competitions and other community events, we want to engage with more developers and entrepreneurs, and to encourage them to bring their ideas to life, unlock productivity, and create more versatile AI tools that transform and shape the future of our industries,” said Jingren Zhou.

Hashtag: #AlibabaCloud

The issuer is solely responsible for the content of this announcement.

About Alibaba Cloud

Established in 2009, Alibaba Cloud (www.alibabacloud.com) is the digital technology and intelligence backbone of Alibaba Group. It offers a complete suite of cloud services to customers worldwide, including elastic computing, database, storage, network virtualization services, large-scale computing, security, management and application services, big data analytics, a machine learning platform and IoT services. Alibaba maintained its position as the third leading public cloud IaaS service provider globally since 2018, according to IDC. Alibaba is the world’s third leading and Asia Pacific’s leading IaaS provider by revenue in U.S. dollars since 2018, according to Gartner.

Philippines Raises Alarm over Illicit Fentanyl Imports from Laos, Myanmar, and Thailand

Philippines Raises Concerns Over Growing Fentanyl Problem Imported from Laos
FILE: this image is used only for representational purpose (photo: CNN Health)

The Philippines has raised concerns about the growing misuse of fentanyl in the country that is being illegally imported from Laos, Myanmar, and Thailand. 

Thailand Allows Stay for 500,000 Migrant Workers from Laos and Neighboring Countries

 Migrants Permitted to Extend Stay on Amnesty
Migrant Workers Stream Home as Thailand's Economy Goes into Covid-19 Lockdown. (Photo: IOM)

Thailand’s cabinet has agreed to allow 500,000 foreign workers from Laos, Cambodia, Myanmar, and Vietnam to stay until the end of the month, to sort out their work permits to legally work and live in the country.

Lao Tourists Form Vietnam’s Third Largest Growing Tourist Market in 2023

Tourists walk along Gold Bridge on Ba Na hill near Da Nang city, Vietnam (Photo: VOA)

Lao tourist arrivals in Vietnam soared in the first half of the year, with a growth rate of 117%, which is the third-highest rate among all global tourist arrivals to Vietnam, following Cambodia (338%) and India (236%).

Company in Bokeo Collects Garbage Fees in Baht as Kip Continues Depreciating

Lao Company Found Collecting Fees in THB as Local Currency Continues Depreciating
A trash collection receipt from a local in Ton Pheung District, Bokeo province. (Photo: Tholakhong)

A company in Bokeo, which holds a garbage collection concession from the government, was recently found to be collecting fees in Thai Baht. This incident highlights the challenges faced by the Lao government in controlling the use of foreign currency within the country.