Hong Kong Fuels AI Growth with $125M Investment
Hong Kong Invests Heavily in AI and Web3
Hong Kong is solidifying its position as a global technology leader with a HK$1 billion (US$125.5 million) investment in artificial intelligence (AI) and Web3 technologies. This commitment, announced in the 2025-2026 budget, focuses on expanding the capabilities of Cyberport, a government-backed business hub.
Cyberport, home to over 270 blockchain companies and 350 AI and big data startups, is central to this initiative. The investment will significantly enhance Cyberport's Artificial Intelligence Supercomputing Centre (AISC), boosting its computing power to 3,000 petaFLOPS. This increase will dramatically accelerate research and development in these critical sectors.
Expanding AI Research and Development
A key component of this strategy is the establishment of the Hong Kong AI Research and Development Institute. This institute will focus on:
- Facilitating upstream R&D
- Transforming midstream and downstream R&D outcomes
- Expanding application scenarios
Furthermore, Cyberport hosted the "AI Safety, Trust, and Responsibility" forum, highlighting the city's commitment to responsible AI innovation. The World Digital Technology Academy (WDTA) also announced a new Asia-Pacific Institute at Cyberport, furthering educational and research initiatives.
Supporting Innovation and Talent
To support this growth, the Hong Kong government is allocating an additional HK$3 billion (US$385.6 million) to Cyberport's three-year AI Subsidy Scheme. Cyberport is also actively forging partnerships with universities and institutions, providing internships and employment opportunities for students.
This substantial investment signals Hong Kong's ambitious vision for becoming a global hub for AI and Web3 innovation. The expansion of Cyberport's infrastructure, combined with targeted funding and educational initiatives, positions the region to attract top talent and drive groundbreaking advancements in these rapidly evolving fields.
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