Officials talking about artificial intelligence (AI) often speak in terms of the next industrial revolution or existential risks. Such rhetoric ultimately does little to capture how AI filters into the ordinary workings of a city like Hong Kong. The geopolitics of AI are no longer abstract. They are beginning to shape who can use which…
Hong Kong should serve as a hub for the commercialisation of artificial intelligence and as a strategic base for mainland Chinese AI companies expanding overseas, the city’s finance chief has said, while noting the risks and challenges of the technology. Financial Secretary Paul Chan Mo-po’s comments followed a speech on Friday by Chinese President Xi…
What happened: Semiconductor stocks retreated on Friday. Memory and storage highfliers Micron Technology (MU) and Sandisk (SNDK) stocks dropped more than 2%, and Western Digital (WDC) fell more than 3%. Chipmakers, including Nvidia (NVDA), AMD (AMD), Broadcom (AVGO), Intel (INTC), and Marvell (MRVL), also moved lower. Qualcomm (QCOM) retreated as well. Among semiconductor equipment makers,…
Chinese President Xi Jinping is expected to outline an ambitious vision for China’s role in global AI governance at a forum on Friday, as Huawei showcases its most advanced AI computing cluster yet in a sign of Beijing’s drive to build a domestic alternative to U.S. technology. Xi’s attendance at the annual World Artificial Intelligence…
In his video address to the conference held in the Hong Kong Science Park, Chief Executive John Lee Ka-chiu said: “We must harness the power of AI, not just to innovate, but to build – to build more inclusive economies, more resilient communities and a more sustainable future for all.” “The Recommendations of the Central…
Geoffrey Hinton is a British-Canadian computer scientist often called the “godfather of AI” because of his revolutionary neural network models inspired by the structure of the human brain. His research brought about a paradigm shift that enabled today’s machine learning technology. He won the 2024 Nobel Prize in Physics with John J. Hopfield of Princeton…
Renowned scientists and business leaders from the US and China are calling for greater collaboration in the field of artificial intelligence amid growing concerns that humanity might lose control of the rapidly evolving technology. In his talk, Hinton acknowledged the challenges of international cooperation owing to divergent national interests on issues such as cyberattacks, lethal…
Chinese Premier Li Qiang has called for the establishment of an international centre to better coordinate global cooperation on artificial intelligence (AI) and address the current “fragmented trend”. The move comes as China looks to expand its influence in the new but rapidly evolving sector amid a bitter tech competition with the United States. Opening…