AI, Hong Kong and artificial intelligence research institute

Hong Kong pledges $127.67 million to create AI institute
Hong Kong said on Wednesday that it is setting aside $127.67 million to create an artificial intelligence research institute that will conduct research and development.
Hong Kong government earmarks $128 million for new AI research institute and aims to cut public spending
Hong Kong's government has earmarked 1 billion Hong Kong dollars ($128.67 million) for the establishment of a new artificial intelligence research institute. It expects its economy to grow at an average rate of 2.
Hong Kong Stocks Jump on AI Spending Boost
Hong Kong stocks surged Wednesday as the region announced plans to cut thousands of civil service jobs and boost its spending in artificial intelligence. The Hang Seng Index jumped 3.3% Wednesday, while the Hang Seng Tech Index soared 4.
Hong Kong flags spending cut, AI push in bid to reverse booming deficit
Hong Kong aims to cut public recurrent expenditure by 7% from now till 2027/28 to rein in a rising deficit and plans a big AI push as it tries to mitigate headwinds from global economic uncertainty, geopolitical tensions and a weak property market.
Hong Kong to slash public spending, build AI institute
Hong Kong will cut public spending and restore fiscal balance by mid-2027 after a string of huge deficits, the city's finance chief said Wednesday as he unveiled growth plans including
Hong Kong to slash public spending, civil service jobs
Hong Kong's finance chief unveiled a "belt-tightening" budget on Wednesday that aimed to end the city's string of record-high deficits by 2028 while seeking growth in areas such as artificial
Hong Kong to Cut Spending by 7%, Invest in AI to Tackle Economic Challenges
Hong Kong is set to reduce public recurrent expenditure by 7% by 2027/28 to curb a rising deficit while making a major push into artificial intelligence (AI) to counter global economic uncertainty, geopolitical tensions,
Hong Kong to launch 2 AI forums aimed at bridging China and the world amid US tech war
The government-owned Hong Kong Investment Corporation (HKIC), which manages HK$62 billion (US$8 billion) of funds, plans to ...
Hong Kong’s DeepSeek-powered AI tool ranks first in world for safety: minister
Innovation chief Sun Dong dismisses data leak concerns over locally developed ‘HKGAI V1’ to be trialed in government ...
Hong Kong is to cut thousands of civil service jobs and invest in AI to tackle a rising deficit
Hong Kong will cut thousands of civil service jobs and boost spending in artificial intelligence as it seeks to tackle an ...
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Hong Kong's 2025-26 Budget Advances Innovation and Technology
HONG KONG SAR - Media OutReach Newswire - 28 February 2025 - Driving innovation and technology was a key focus of Hong Kong ...
Hong Kong to slash 10,000 civil service jobs, push AI in bid to reverse deficit
Hong Kong aims to cut spending by slashing 10,000 civil service jobs in an effort to rein in a rising deficit, and plans a ...
Hong Kong to embrace tech-driven growth with AI investment: Paul Chan
Finance chief says city will set up the Hong Kong AI Research and Development Institute to explore application possibilities.
Hong Kong embraces RISC-V open-source chip design to secure spot in China semiconductors
Hong Kong is betting on the RISC-V open-source chip architecture to drive innovation and secure a position in China's ...
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Hong Kong budget seeks AI growth, civil service savings as deficit swells
HONG KONG -- Hong Kong unveiled a new budget on Wednesday that pushes spending cuts and technology innovation, as a protracted downturn in the local property market and other factors pressure ...
Radiating from Hong Kong, FILMART Is the One-Stop Hub for Asia’s Entertainment Market
A must-attend content marketplace for industry elites, FILMART serves as the gateway to the Asian entertainment market. The ...
Hong Kong bourse logs 10% profit jump as trading turnover and IPOs surge
Hong Kong's bourse operator reported a 10% rise in annual profit, helped by sharp increases in trading turnover and new ...