Hong Kong's Journey Towards Becoming an AI Applications Development Hub

AI Applications Development Hub: A Vision for Hong Kong

At the InnoTech Forum 2024, industry leaders emphasized that Hong Kong has the potential to evolve into a remarkable AI applications development hub, supported by forward-looking policy initiatives. John Lee Ka-chiu, the Chief Executive of Hong Kong, unveiled new measures to attract foreign talent and investment, highlighting the government's commitment to becoming a AI development hub.

Challenges and Opportunities

However, challenges remain in securing necessary funding to build the essential computing and energy infrastructure needed. Maryann Tseng of Hong Kong Cyberport Management Co. pointed out that ongoing subsidies from the government are pivotal, mentioning the importance of upgrading GPU supplies and establishing AI data centers.

AI Supercomputing Centres

Transitioning to an AI supercomputing centre is underway, with plans to achieve 3,000 petaflops by 2026 to support tech developers. Tim Cheng from the Hong Kong University of Science and Technology stressed the urgent need for a multilayered approach to resource management to meet anticipated demands for computing power.

Embracing AI in the Greater Bay Area

The Greater Bay Area represents a significant opportunity where collaboration can flourish for AI-powered hardware like robots and fostering a skilled workforce. To realize this vision, efforts must be focused on attracting global talent and harnessing local universities’ capabilities.