Unveiling AI's Dominance: Xiaomi, Tencent Holdings, and the Future of FinTech in Southeast Asia

Wednesday, 2 October 2024, 00:00

Xiaomi and Tencent Holdings are set to lead the conversation at FinTech Week 2023, showcasing cutting-edge AI innovations. As Web3 enthusiasm wanes, the spotlight shifts towards transformative AI technologies driven by major Chinese firms. This year's event will highlight significant advancements in fintech and AI integration.
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Unveiling AI's Dominance: Xiaomi, Tencent Holdings, and the Future of FinTech in Southeast Asia

The Rise of AI at FinTech Week 2023

Xiaomi and Tencent Holdings are at the forefront as this year’s FinTech Week emphasizes AI over the fading Web3 trend. Being held from October 28 to November 1, the event will include key speakers like Eric Jing of Ant Group, amidst a strong representation from Chinese technology firms.

FinTech Week's Transformation

  • AI and Technology Focus: The conference marks a significant shift as AI is deemed a commercial powerhouse compared to stagnating blockchain projects.
  • Chinese Company Representation: Organizers report a major increase in participation from mainland Chinese enterprises, highlighting their dedication to advancing AI technologies.
  • Web3's Continued Presence: Despite AI's rise, the event will still feature Web3 discussions, acknowledging ongoing development in the sector.

The transformation of FinTech Week illustrates Hong Kong's critical role as a nexus for international business and Chinese tech innovation. As regional headquarters converge, opportunities abound for AI companies aiming to forge connections and expand their influence in Southeast Asia.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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