Financial Secretary Paul Chan Mo-po delivered his latest budget on February 25. Over the past decade, under his stewardship, Hong Kong has weathered multiple economic shocks and recently returned to a respectable growth rate of 3.5 per cent. Yet the tasks ahead are formidable: addressing a structural fiscal deficit in the city’s capital account while…
A mainland Chinese firm has secured the tender to build a supercomputing centre in Hong Kong’s Northern Metropolis as the sole bidder, agreeing to pay a premium of HK$581 million (US$74.25 million) and boost the city’s computing power 36-fold. Unveiling details of the plan on Monday, Secretary for Innovation, Technology and Industry Sun Dong said…
Hong Kong authorities are set to reshape how they deliver public services, rolling out a sweeping plan to embed AI in at least 200 administrative procedures by the end of 2027 in a bid to boost efficiency and create a more responsive, tech-driven bureaucracy. The timeline, listed in Chief Executive John Lee Ka-chiu’s policy address…
Cyberport may add some graphics processing units (GPUs) made in China to its Artificial Intelligence Supercomputing Centre in Hong Kong, as the government-run incubator seeks to reduce its reliance on Nvidia chips amid worsening China-US relations, its chief executive said. Cyberport has bought four GPUs made by four different mainland Chinese chipmakers and has been…
The Hong Kong government is set to enhance its computing power support for start-ups as part of its ambition to become a leading technology hub, according to the city’s innovation chief, as local start-ups seek global clients at one of Europe’s largest technology shows. Hong Kong planned to establish a new supercomputing centre at Sandy…