AI giant iFlytek to invest HK$400 million in Hong Kong, opens international headquarters

AI giant iFlytek to invest HK0 million in Hong Kong, opens international headquarters

“Our initial budget is HK$400 million,” iFlytek senior vice-president Duan Dawei told the South China Morning Post at the opening ceremony of the new premises on Friday. “If everything goes well [in Hong Kong], that figure is going to be more.” Duan Dawei, senior vice-president at iFlyTek, speaks at the opening ceremony of the firm’s … Read more

Hong Kong start-ups shine at China’s largest AI show amid city’s drive for Asian tech hub status

Hong Kong start-ups shine at China’s largest AI show amid city’s drive for Asian tech hub status

Artificial intelligence (AI) start-ups from Hong Kong grabbed some of the spotlight at the three-day World Artificial Intelligence Conference (WAIC) in Shanghai this week, as they showcased an array of products and services to underscore the city’s ambitions to become an innovation hub. Cyberport, Hong Kong Science and Technology Parks (HKSTP), and the Hong Kong … Read more

At Leap 2024, Hong Kong start-ups and investors lay groundwork to tap future Saudi Arabia growth

At Leap 2024, Hong Kong start-ups and investors lay groundwork to tap future Saudi Arabia growth

“Because [the UAE is] so mature now, it’s actually quite difficult to penetrate the relationships with the top brass and the business leaders,” the British investor added. “Whereas in Saudi, they’re … a little bit after the beginning, and this is the best time to come. So the next 10-15 years in Saudi is a … Read more