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Hong Kong’s Cyberport: $125M Boost for AI and Web3 Advancements

Date:

Hong Kong is taking a bold step toward becoming a global leader in artificial intelligence (AI) and Web3 technology. At the core of this effort is Cyberport, a government-backed innovation hub that has secured a $125 million investment to expand supercomputing capabilities, enhance AI governance, and drive blockchain adoption.

Advancing AI Governance with Global Partnerships

Cyberport reinforced its commitment to responsible AI innovation by hosting the “AI Safety, Trust, and Responsibility” forum on February 27. This event brought together leading international institutions to discuss AI ethics, governance, and security, positioning Hong Kong as a major player in global AI discourse.

Currently, Cyberport is home to over 270 blockchain enterprises and 350 AI and big data startups, highlighting the city’s drive to harness emerging technologies. The Hong Kong 2025–26 budget, unveiled on February 26, further underscored the urgency of integrating AI into the region’s economic strategy.

Hong Kong’s Multi-Billion Investment in AI and Supercomputing

Financial Secretary Paul Chan Mo-po announced a 1 billion Hong Kong dollar ($125.5 million) investment to establish the Hong Kong AI Research and Development Institute. This initiative aims to accelerate AI research, ensuring that technological breakthroughs translate into real-world applications.

One of the most ambitious projects under this plan is the expansion of Cyberport’s Artificial Intelligence Supercomputing Centre (AISC). Launched on December 9, 2024, AISC is set to scale its computing power to 3,000 petaFLOPS, enabling 3,000 quadrillion operations per second. This cutting-edge infrastructure will significantly enhance AI model training, blockchain scalability, and data-intensive applications, giving Hong Kong a competitive advantage in AI and Web3 innovation.

Developing AI Talent and Strengthening Industry Ties

Beyond infrastructure expansion, Cyberport is committed to building a highly skilled workforce. At the AI forum, the World Digital Technology Academy (WDTA) announced the launch of the WDTA Asia-Pacific Institute (preparatory) at Cyberport. Executive Chairman Yale Li emphasized its core focus on AI safety, human-centric values, and sustainable innovation.

Cyberport has also strengthened collaborations with universities and industry leaders through multiple Memorandums of Understanding (MoUs). These partnerships will provide students with hands-on experience in AI, blockchain, and Web3, preparing them for careers in next-generation technologies.

To further fuel AI-driven growth, the Hong Kong government has allocated 3 billion Hong Kong dollars ($385.6 million) for a three-year AI Subsidy Scheme. This program will support AI startups and research projects, ensuring that young companies have the financial resources to innovate and scale.

Hong Kong’s Vision for AI and Blockchain Leadership

With strategic investments and policy initiatives, Hong Kong is positioning itself as a global hub for AI and Web3 innovation. The expansion of Cyberport’s supercomputing capabilities, workforce development programs, and international collaborations underscore its ambition to lead the next wave of digital transformation.

By aligning financial resources with emerging technology trends, Hong Kong is not only fostering groundbreaking advancements but also strengthening its status as a premier destination for AI, blockchain, and Web3 enterprises. These initiatives solidify its role in shaping the future of decentralized technology and artificial intelligence.

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