Business
Hong Kong: The ‘Living Lab’ for Chinese Companies to Advance AI and Big Data Capabilities, Says Finance Chief Paul Chan
Paul Chan describes Hong Kong as a 'practical workshop' for Chinese firms to refine their AI skills. He believes that the city's prowess in financial technology provides the perfect environment for the development of AI and large-scale data analysis.
"He stated that we take pride in our highly advanced capital market, first-rate financial infrastructure, and extensive regulatory knowledge."
Furthermore, the city's prowess in fintech makes it a perfect location for businesses to create inventive services ranging from digital transactions to AI-driven credit risk analysis, according to Chan. He added that this expertise will be further enhanced with the inauguration of a new supercomputing center by the year's end.
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