Hong Kong is poised to catch the global AI wave
DeepSeek , with its ingenious 'less is more' approach, has also served as an inspiration to the nation.
According to a global survey by fintech giant Finastra, 38 per cent of Hong Kong's financial institutions have adopted generative AI, well ahead of the global average of 26 per cent.
Top-tier researchers, both local and those from the mainland, have helped push our universities to the forefront of innovation, along with government support. That has translated into our high university rankings in data science and AI. This year's
QS World University Rankings placed the Hong Kong University of Science and Technology, the University of Hong Kong and the Chinese University of Hong Kong in the top 20.
Even Cyberport, long looked upon as glorified real estate, is finally fulfilling its original mandate. Its AI Supercomputing Centre – which only began operations in December – is a cornerstone of the government's strategy to foster a local AI ecosystem and has already
achieved more than 90 per cent utilisation.
It has achieved in months what it was trying to do over many years. AI development is building up a momentum of its own.
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