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Cyberport to establish an AI supercomputing centre

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In the recent Policy Address, Cyberport was tasked with setting up an “AI supercomputing centre” to meet the rising demand for computing power from R&D and related industries. The project, which will be implemented in phases, is expected to become operational in 2024. It aims to bolster Hong Kong’s R&D capabilities in areas such as HealthTech, AI, data science, advanced manufacturing, and new energy technology. The infrastructure will also provide a robust foundation for the development of other cutting-edge technologies, including generative AI and semiconductors.

 

In addition, Cyberport will conduct a planning study to build a new I&T facility in Lau Fau Shan, which will identify and capitalise on the opportunities presented by the Northern Metropolis and Qianhai, and advance the technological development of the modern service industry in the Greater Bay Area.

 

Simon Chan, Chairman of Cyberport, said, “We are encouraged by the Policy Address’ forward-looking measures to strengthen Hong Kong’s I&T capabilities and accelerate its digital economy development. Cyberport will work closely with the HKSAR Government, drawing on our extensive experience in nurturing I&T talent and companies, fostering innovative ecosystems, and collaborating with stakeholders in many sectors. We are committed to contributing our strengths to help Hong Kong realise its I&T ambitions, as outlined in the Hong Kong I&T Development Blueprint and the country’s I&T development strategies.”

 

Mr Chan also welcomed the government’s plan to launch over a hundred digital government initiatives powered by blockchain, AI, FinTech, and other digital technologies. He acknowledged that the Cyberport community’s 2,000+ start-ups were ready to contribute, including 770 Smart Living/smart city start-ups, more than 400 FinTech companies, and Hong Kong’s largest Web3 and blockchain community under Web3Hub@Cyberport.

 

He added that Cyberport would launch the Digital Transformation Support Pilot Programme and the Incubation Programme for Smart Living Start-Ups by the end of the year. These programmes will boost Cyberport’s ability to accelerate SMEs’ digital transformation and nurture more Smart Living start-ups, thereby extending the benefits of innovation to a larger public. Furthermore, Cyberport will build on the success of the Fintech Proof‐of‐Concept Subsidy Scheme to help the government expand Hong Kong’s green FinTech ecosystem and development.

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