Hong Kong can be “more than New York and Silicon Valley combined” by positioning itself as a hub that integrates global financial depth with technological innovation and manufacturing capacity, the city’s finance chief has said. Financial Secretary Paul Chan Mo-po said on Friday that Hong Kong had a unique edge over New York and Silicon…
Hong Kong’s first astronaut may have travelled into space, but the significance of the moment extends far beyond the mission itself. Lai Ka-ying became our first home-grown astronaut to reach space, as part of China’s Shenzhou-23 mission to the Tiangong space station, marking a historic milestone for the city and its role within the country’s…
For years, many in Washington and Silicon Valley believed the United States led in artificial intelligence, while China focused mainly on putting the technology to use rather than shaping its cutting edge. In her new book, The New Tech Titans of China, technology journalist Rebecca A. Fannin argues that this assumption no longer holds. The book tracks the rise of…
David Sacks has warned that the US risks losing the global AI competition to China due to excessive negativity and overregulation around the technology. During a conversation with Salesforce CEO Marc Benioff at the World Economic Forum in Davos, the technology investor, who US President Donald Trump appointed as his AI and crypto czar, cautioned…
The Northern Metropolis is in the news almost every day. The big policy focus for the administration, it is determining a new future for Hong Kong. Part of the New Territories, which were dubbed “a land between” in the 1980s, the area was once little more than a rural leftover between urban Hong Kong and…
Top tech talent in China can expect lavish bonuses for 2025 as big tech firms from ByteDance to Tencent Holdings double down on efforts to retain and lure people with specialised skills in fields such as artificial intelligence. TikTok owner ByteDance expanded its bonus pool by 35 per cent from a year earlier, as well…
Limiting AI use in military applications and ensuring global AI governance could ease collaboration and dialogue between China and the US as they vie for influence over the transformative technology, according to experts at a forum in Hong Kong on Monday. Their remarks came as artificial intelligence is being increasingly adopted in the defence sector,…
If you read any of WIRED’s recent AI edition, you know that lots of people are spending lots of time talking about how the technology is revolutionizing pretty much everything—from coding to writing to accounting. You’ve also probably heard by now, from us or somebody else, that we might very well be in an economic…
The stock market is largely being propped up by a promise of AI that has yet to deliver—setting up what could be a disastrous bubble. But the AI land rush isn’t merely a risky gamble. Wall Street is staking the health of the markets—and that of the broader economy with it—on a bet against the…
(Bloomberg/Mark Gurman) — Apple Inc. projected a jump in sales over the holiday season after releasing new iPhones and worked to reassure investors concerned about a decline in revenue from China. Sales in the fiscal first quarter, which runs through December, will rise by 10% to 12%, Chief Financial Officer Kevan Parekh said during a…