AIFT affirmed that it is committed to providing security layers such as cybersecurity and insurance for mega trends like AI and Web3.
Hong Kong Cyberport’s Artificial Intelligence Supercomputing Centre (AISC) officially commenced operations., along with the concurrent opening of the AI Lab.
To promote the development of AI in Hong Kong, the HKSAR Government announced in the 2023 Policy Address that Cyberport would set up an AISC in phases from this year onwards to provide research teams with the necessary computing hardware.
In addition, the HKSAR Government also announced in the 2024-2025 Budget that HK$3 billion were allocated to Cyberport to implement a three-year AISS, which mainly provides funding support to five categories of eligible entities, including local institutions, R&D centres and enterprises to utilise the computing power of the AISC to achieve more breakthroughs in scientific research.
The first phase of the AISS was launched in early October, and the scheme will allow the industry to make good use of the computing facilities as well as attract relevant talents, enterprises and R&D projects from Mainland China and around the world to land in Hong Kong, thereby providing necessary support to facilitate the many aspects of local AI and related industries developments.
Alvin Kwock, co-founder of AIFT (formerly known as OneDegree Group) said, “The launch of AISC is a key strategic step of the arms race that accelerate the timeline for Cyberport ecosystem to achieve AI General Intelligence (AGI), and thus position Hong Kong as a leader in technological innovation.”
Currently, Cyberport houses more than 330 start-up enterprises specialising in AI and big data, including many strategic enterprises that have established operations. Cyberport also fosters collaborations with leading AI enterprises including Baidu, Huawei and Inspur Cloud, and interconnects with start-up enterprises with the combination of their R&D capabilities in computing development, large model building, and more to promote the innovation and application of AI R&D.