Hong Kong's Bold Steps in Innovation and AI Technology Growth

Monday, 19 August 2024, 17:31

Hong Kong's innovation strategy includes significant investments in AI technology and supercomputing power. The aim is to attract fresh investment to stimulate startups while enhancing existing infrastructures. The plans promise to transform the region into a burgeoning hub for tech advancements and artificial intelligence applications.
South China Morning Post
Hong Kong's Bold Steps in Innovation and AI Technology Growth

Hong Kong's Vision for AI Supercomputing

Hong Kong is on the verge of a technological revolution with its plans to enhance AI supercomputing capabilities, targeting 10,000 petaflops of computing power by 2030.

Investment in Innovation and Startups

As part of its commitment, government officials are launching a more aggressive Innovation and Technology Venture Fund to attract funding for startups.

  • Sun Dong emphasizes the need for strong computing infrastructure.
  • The initial phase of the AI Supercomputing Centre should start operating at Cyberport soon.
  • Plans to supply computing power from private companies are underway.

Impacts on Economic Development

The initiative is expected to cultivate local economic development, through collaborations between private firms and public funds. As Paul Chan Mo-po mentioned, achieving 3,000 petaflops in AI computing power at Cyberport is crucial.

  1. The Northern Metropolis aims to establish a major tech hub.
  2. Legal challenges regarding project sites remain a concern.

However, achieving a 15,000 petaflops target by 2030 presents challenges, despite international partnerships.


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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