Hong Kong invests $125M in AI, expands Cyberport’s supercomputing power

Hong Kong’s Cyberport, a government-backed concern hub focused connected Web3, blockchain and artificial intelligence, is ramping up its concern successful emerging technologies to presumption the metropolis arsenic a planetary tech leader.

On Feb. 27, Cyberport hosted the “AI Safety, Trust, and Responsibility” forum with planetary AI world institutions to sermon AI governance, information and liable innovation initiatives.

The Cyberport hub hosts implicit 270 blockchain technology-related enterprises and much than 350 startups specializing successful AI and large information probe and development.

Hong Kong Cyberport hosts AI summit. Source: Cyberport

A time prior, connected Feb. 26, the Hong Kong government’s 2025–26 fund paid peculiar attraction to emerging technologies, aiming to “seize the captious opportunities presented by technological betterment and artificial quality development.”

Hong Kong invests heavy successful Web3 and AI via the Cyberport hub

The Chinese Special Administrative Region allocated 1 cardinal Hong Kong dollars ($125.5 million) to found the Hong Kong AI Research and Development Institute, Financial Secretary Paul Chan Mo-po announced during the Hing Kong fund speech.

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The institute is dedicated to “facilitating upstream R&D, transforming midstream and downstream R&D outcomes, and expanding exertion scenarios.”

To substance the Web3, blockchain and AI innovation, Cyberport’s Artificial Intelligence Supercomputing Centre (AISC), which launched connected Dec. 9, 2024, volition turn to a computing powerfulness of 3,000 petaFLOPS and volition beryllium capable to process 3,000 quadrillion floating-point operations per second.

Streamlining AI probe and endowment development

Additionally, 1 of the co-organizers of the AI forum, the World Digital Technology Academy (WDTA), besides announced the constitution of the “WDTA Asia-Pacific Institute  (preparatory)” astatine Cyberport. 

Yale Li, the enforcement president of WDTA, highlighted the institute’s 3 halfway initiatives. These see gathering a “safety-native” technological framework, establishing a “human-oriented” worth strategy and committedness to “responsible innovation.”

Cyberport has signed galore Memorandums of Understanding (MoUs) with universities and institutions to assistance students with internship and employment opportunities. Lastly, the Hong Kong authorities allocated $3 cardinal Hong Kong dollars ($385.6 million) to Cyberport for the motorboat of a three-year AI Subsidy Scheme to enactment the innovations.

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