“Biotechnology is a high-risk field like a ‘molecular casino’,” said founder Alex Zhavoronkov. “Even with artificial intelligence, you can lose 90 per cent of the time.” The 11-year-old company was training and testing an AI-powered drug-discovery tool, Pharma.AI, to “enable faster, cheaper and more successful drug discovery with higher novelty and confidence”, he said. Zhavoronkov…
Hong Kong-based accounting firms plan to continue expanding their workforce in 2026, hoping to attract newly minted accountants, even as the industry steps up the adoption of artificial intelligence, according to industry players. “We do not believe AI is a replacement for humans, and we have not seen any reduction in hiring in the past…
Hong Kong’s finance chief has struck an upbeat tone about the city’s economic outlook for 2026, while forecasting that growth this year will accelerate to 3.2 per cent, surpassing earlier projections. Financial Secretary Paul Chan Mo-po said the optimistic outlook was mainly supported by anticipated growth in mainland China and Asia along with interest rate…
Foreign forces have used deepfakes and other artificial intelligence (AI) technologies to create public panic and obtain sensitive information, posing a threat to China’s national security, the country’s top intelligence agency has warned. Deepfake technology, which uses AI’s deep learning algorithms to simulate and forge images, audio and video, can be abused or used maliciously…
Chinese AI start-up Zhipu AI said it would step up efforts next year in the pursuit of artificial general intelligence (AGI) while continuing to open source its AI models after its initial public offering. In 2026 “we’re going to contribute more substantially to the AGI journey,” Zheng Qinkai, a researcher at the company, which markets…
Hong Kong is emerging as a neutral hub bridging the technological strengths of East and West while leveraging its robust education and financial systems to drive the next wave of artificial intelligence transformation in businesses, according to PwC executives. As companies worldwide pushed to move AI from isolated experiments to capabilities deployed at scale, not…
Short-video platform Kuaishou Technology reported a major cyberattack to the police after a breach on Monday evening allowed explicit content to flood high-traffic live rooms for more than an hour. Kuaishou’s live-streaming services were thrown into chaos at around 10pm when recommended feeds were inundated with explicit material, according to news website Sina. Viewership in…
“I strongly believe that it is human creators who can create compelling characters and graphics from scratch.” Anna Good Posted on December 23 2025 1:00 pm CST Tutatamafilm/Shutterstock A Japanese video game studio reportedly changed its hiring process and is sparking discussion about the move online. They needed to do this to fight generative AI…
Hong Kong’s top Catholic priest has said the city’s deadliest fire in decades underscored the fragility of life, but celebrating Christmas amid the grief would share the “sweetness, acidity, bitterness, and heat of our humanity”. Cardinal Stephen Chow Sau-yan, head of the Catholic diocese of Hong Kong, said in his Christmas message on Tuesday that…
Cybersecurity experts have urged Hong Kong residents to prioritise the use of an official one-stop digital identity app to register their accounts on the city’s new centralised pension fund platform to prevent theft after scammers stole HK$1.8 million. Some also questioned why the Mandatory Provident Fund Schemes Authority (MPFA), which manages the eMPF platform, did…