• About
  • Advertise
  • Privacy & Policy
  • Contact
HK Businesswire
  • Home
  • News
    • All
    • Business
    • Politics
    • PR Newswire
    • Science
    • World

    Stocks fall ahead of US jobs data, oil prices rise

    Seaspan Becomes First International Ship Owner and Operator to Access China’s Panda Bond Market

    Seaspan Becomes First International Ship Owner and Operator to Access China’s Panda Bond Market

    Metalpha Reports Breakthrough in Total Assets for FY2026 Amidst Market Volatility

    FP Markets Analysis: Japanese Yen at a Crossroads as Markets Weigh Next Move

    FP Markets Analysis: Japanese Yen at a Crossroads as Markets Weigh Next Move

    /C O R R E C T I O N — Elong Power Holding Limited/

    Global Times: SAIC-GM’s 20-year renewal highlights China’s key role in auto innovation and global growth

    Trending Tags

    • Trump Inauguration
    • United Stated
    • White House
    • Market Stories
    • Election Results
  • PR Newswire
  • Business
  • World
  • Entertainment
  • Sports
  • Tech
    • All
    • Apps
    • Gadget
    • Mobile
    • Startup

    HKT Posts 4% Profit Rise Amid Steady Local Recovery and AI-Driven Demand

    Alipay Launches AI-Powered Version ‘Abao’ to Streamline Services

    Xiaohongshu Prepares Confidential Hong Kong IPO Filing

    SpaceX Raises $75 Billion in Historic IPO Amid $350 Billion Investor Demand

    Chinese firms double down on tech: Xiaomi, Haier

    Xiaomi Launches MiMo Code AI Programming Assistant to Enter Coding Agent Market

    Apple Unveils Overhauled Siri AI and Major OS Updates at WWDC 2026

    Trending Tags

    • Nintendo Switch
    • CES 2017
    • Playstation 4 Pro
    • Mark Zuckerberg
  • Feature
No Result
View All Result
  • Home
  • News
    • All
    • Business
    • Politics
    • PR Newswire
    • Science
    • World

    Stocks fall ahead of US jobs data, oil prices rise

    Seaspan Becomes First International Ship Owner and Operator to Access China’s Panda Bond Market

    Seaspan Becomes First International Ship Owner and Operator to Access China’s Panda Bond Market

    Metalpha Reports Breakthrough in Total Assets for FY2026 Amidst Market Volatility

    FP Markets Analysis: Japanese Yen at a Crossroads as Markets Weigh Next Move

    FP Markets Analysis: Japanese Yen at a Crossroads as Markets Weigh Next Move

    /C O R R E C T I O N — Elong Power Holding Limited/

    Global Times: SAIC-GM’s 20-year renewal highlights China’s key role in auto innovation and global growth

    Trending Tags

    • Trump Inauguration
    • United Stated
    • White House
    • Market Stories
    • Election Results
  • PR Newswire
  • Business
  • World
  • Entertainment
  • Sports
  • Tech
    • All
    • Apps
    • Gadget
    • Mobile
    • Startup

    HKT Posts 4% Profit Rise Amid Steady Local Recovery and AI-Driven Demand

    Alipay Launches AI-Powered Version ‘Abao’ to Streamline Services

    Xiaohongshu Prepares Confidential Hong Kong IPO Filing

    SpaceX Raises $75 Billion in Historic IPO Amid $350 Billion Investor Demand

    Chinese firms double down on tech: Xiaomi, Haier

    Xiaomi Launches MiMo Code AI Programming Assistant to Enter Coding Agent Market

    Apple Unveils Overhauled Siri AI and Major OS Updates at WWDC 2026

    Trending Tags

    • Nintendo Switch
    • CES 2017
    • Playstation 4 Pro
    • Mark Zuckerberg
  • Feature
No Result
View All Result
HK Businesswire
No Result
View All Result
Home News

HK’s AI gets huge donation

Purton by Purton
10 March 2025
in News
0
HK’s AI gets huge donation
0
SHARES
9
VIEWS
Share on FacebookShare on Twitter

Financial Secretary Paul Chan attended a ceremony today to witness a $200 million donation to the Hong Kong Generative AI Research & Development Center (HKGAI) under the InnoHK research clusters in support of generative artificial intelligence (AI) in the city.

 

The goal of the donation is to establish a service platform to provide Hong Kong citizens with the chatbot service “HKChat” based on the locally developed large language model HKGAI V1.

 

During the ceremony, representatives of the Ng Teng Fong Charitable Foundation and Sino Group presented the cheque to Hong Kong University of Science & Technology Provost and Director of InnoHK HKGAI Prof Guo Yike.

 

Mr Chan expressed gratitude to the charitable foundation and Sino Group, saying that AI is in rapid development, redefining the core competitiveness of economies and reshaping the medium- to long-term landscape of the global economy.

 

He noted that in the third session of the 14th National People’s Congress and the third session of the 14th Chinese People’s Political Consultative Conference National Committee, Premier Li Qiang mentioned the need to continue advancing the “AI+” initiative in the Government Work Report.

 

The premier emphasised support for the extensive application of large-scale AI models, as well as the integration of digital technologies with the country’s manufacturing and market strengths, Mr Chan said.

 

By fostering closer collaboration among the Government and the industry, academia, research and investment sectors, accelerating the development of AI as a core industry of Hong Kong, the city can be developed into an international exchange and co-operation hub for the AI industry, he added.

 

InnoHK is a major government innovation and technology initiative to foster global research collaboration, having successfully formed collaborations with more than 30 world-renowned universities and research institutes, including the Chinese Academy of Sciences, Peking University, Harvard University, Stanford University, the University of Oxford and the University of Cambridge.

 

The HKGAI is one of the 30 research centres under InnoHK. Its aim is to establish Hong Kong’s own AI foundational models and ecosystem.

 

It is developing a series of open-source foundational models to create technologies applicable to text and image generation, medical diagnosis, legal affairs and other applications.

 

The centre will also develop “HKChat”, an AI chatbot that integrates local data, knowledge bases, and language requirements, supporting Cantonese, English and Putonghua.

Tags: Hong Konglocal
Purton

Purton

Read More

ORYXEARTH Launches the VRME1000-5 Electric Dirt Bike, Expanding Its Mini Bike Lineup

ORYXEARTH Launches the VRME1000-5 Electric Dirt Bike, Expanding Its Mini Bike Lineup

10 August 2026
SwitchBot Launches kata AI Assistant, a Smart Home Expert Built Into the SwitchBot App

SwitchBot Launches kata AI Assistant, a Smart Home Expert Built Into the SwitchBot App

10 August 2026
  • Trending
  • Comments
  • Latest
EV, gas station site put up for sale

EV, gas station site put up for sale

31 July 2026
Elite Robots Collaborates with Generalist AI on Next-Gen Embodied AI

Elite Robots Collaborates with Generalist AI on Next-Gen Embodied AI

21 July 2026
Patriot Memory Announces Viper Steel 5 Infinite DDR5 Memory with Patent-Pending Infinite Mirror Optical Design and Speeds up to 8000MT/s

Patriot Memory Announces Viper Steel 5 Infinite DDR5 Memory with Patent-Pending Infinite Mirror Optical Design and Speeds up to 8000MT/s

22 July 2026
Enzene Launches NeX™, a Comprehensive Suite of Solutionsto Enable Cost-Efficient, High-Yielding Local Biomanufacturing

Enzene Launches NeX™, a Comprehensive Suite of Solutionsto Enable Cost-Efficient, High-Yielding Local Biomanufacturing

3 August 2026

Stocks fall ahead of US jobs data, oil prices rise

6 August 2026
Seaspan Becomes First International Ship Owner and Operator to Access China’s Panda Bond Market

Seaspan Becomes First International Ship Owner and Operator to Access China’s Panda Bond Market

6 August 2026

Metalpha Reports Breakthrough in Total Assets for FY2026 Amidst Market Volatility

6 August 2026
FP Markets Analysis: Japanese Yen at a Crossroads as Markets Weigh Next Move

FP Markets Analysis: Japanese Yen at a Crossroads as Markets Weigh Next Move

6 August 2026

Recent News

Stocks fall ahead of US jobs data, oil prices rise

6 August 2026
Seaspan Becomes First International Ship Owner and Operator to Access China’s Panda Bond Market

Seaspan Becomes First International Ship Owner and Operator to Access China’s Panda Bond Market

6 August 2026

Metalpha Reports Breakthrough in Total Assets for FY2026 Amidst Market Volatility

6 August 2026
FP Markets Analysis: Japanese Yen at a Crossroads as Markets Weigh Next Move

FP Markets Analysis: Japanese Yen at a Crossroads as Markets Weigh Next Move

6 August 2026
HK Businesswire

Stay ahead with the latest insights on Hong Kong’s economy, finance, and investments. From market trends to policy updates, we bring you in-depth analysis and expert opinions.

📩 Subscribe to our newsletter for exclusive updates.
📍 Follow us on social media for real-time news.
📧 Contact us: info@hongkong-invest.com

Follow Us

  • About
  • Advertise
  • Privacy & Policy
  • Contact

© 2025 by HKBusinesswire.com

No Result
View All Result

© 2025 by HKBusinesswire.com