Group 1 - The Hong Kong government emphasizes the need for autonomous computing facilities to fully leverage the potential of artificial intelligence and data [1] - The first phase of the Cyberport AI Supercomputing Center was launched at the end of last year, with a budget of HKD 3 billion for the AI funding program, which has approved 10 projects in various fields [1] - The supercomputing center's computing service usage rate has exceeded 90%, with expectations to increase computing power to 3000 PFLOPS within the year [1] Group 2 - The Hong Kong government signed a memorandum with the National Internet Information Office to promote cross-border data flow in the Greater Bay Area, which has been well received across various industries [2] - The Digital Policy Office released guidelines for the responsible development and application of generative AI technology, aiming to create a safe and sustainable environment for AI in Hong Kong and the Greater Bay Area [2] - The relationship between AI and data is viewed as multiplicative rather than additive, with the government encouraging innovation in AI while leveraging Hong Kong's unique advantages [3]

Core Insights - The Hong Kong government has allocated HKD 30 billion for an "Artificial Intelligence Funding Program," with HKD 300 million already granted to approximately 10 projects as of June 30, 2023 [1][2]. Group 1: Funding and Projects - The AI Funding Program aims to support local institutions, research organizations, and enterprises in utilizing the supercomputing resources at the Cyberport AI Supercomputing Center to drive AI innovation and application [2]. - The program has received around 20 applications since its launch, with research areas including local large language models, new materials, synthetic biology, and medical large models [2]. - One of the funded projects has been selected as a top 30 finalist for the 2025 World Artificial Intelligence Conference's Excellence in AI Leadership Award [3]. Group 2: Supercomputing Center Utilization - The Cyberport AI Supercomputing Center has utilized over 90% of its computing power, indicating a strong demand from the research and industry sectors for computational resources [2]. - The center is expected to officially commence operations in December 2024, enhancing the AI ecosystem in Hong Kong [2]. Group 3: Research Achievements - A research team from Hong Kong Polytechnic University has developed projects that utilize the supercomputing center's resources, achieving a 28% increase in information accuracy through efficient training of large models [3]. - The Hong Kong University of Science and Technology has successfully developed the first large model in Hong Kong, significantly reducing experimental time and improving research efficiency by over 50% [3]. Group 4: Competitive Advantages - Hong Kong possesses unique advantages to become a global model for AI applications, including its status as the only region with a sovereign AI system, supported by a robust legal framework and social values [4]. - The Hong Kong government is the largest user of AI, actively promoting and implementing AI applications across various sectors [4]. Group 5: AI Ecosystem Growth - The Cyberport AI ecosystem has attracted over 400 leading AI companies and startups, with more than 120 new AI enterprises established in the past year [6]. - Collaborations with major companies like Baidu, Huawei, and Cisco are being fostered to enhance AI research and innovation [6].

Core Viewpoint - The Hong Kong government is actively promoting the development of artificial intelligence (AI) through a funding program, with a total allocation of HKD 3 billion, of which HKD 300 million has already been granted to approximately 10 projects, reflecting a strong commitment to fostering an AI ecosystem [2][4]. Funding Program Overview - The "AI Funding Program" was launched with a budget of HKD 3 billion to support local institutions, research organizations, and enterprises in utilizing the supercomputing resources at the Cyberport AI Supercomputing Center [4]. - As of June 30, the program has received around 20 applications and has approved about 10 projects, covering areas such as local large language models, new materials, synthetic biology, and medical large models [4]. Project Highlights - One of the funded projects has been recognized as a top 30 finalist for the 2025 World Artificial Intelligence Conference Excellence AI Leader Award [2][7]. - The projects funded have begun utilizing the supercomputing services, with over 90% of the computing power already in use, indicating a high demand for computational resources in research and industry [4]. Research Achievements - The research team from Hong Kong Polytechnic University reported a 28% increase in information accuracy by enhancing edge foundational models for advanced reasoning [7]. - The Hong Kong University of Science and Technology developed the first large model, HKGAIV1, which reduced experimental time from 6 weeks to 3 weeks, improving research efficiency by over 50% and decreasing the relative error rate in speech recognition by 20% [7]. Ecosystem Development - The Cyberport AI ecosystem has attracted over 400 leading AI companies and startups, with more than 120 new companies established in the past year [10]. - Collaborations with major companies like Baidu, Huawei, and Cisco have been formed to leverage their strengths in computational development, large model construction, algorithms, and data science [10]. Unique Advantages of Hong Kong - Hong Kong is positioned as a global AI application model due to its unique advantages, including a strong legal framework, a high density of talent with five universities ranked in the top 100 globally, and the government's role as a major user of AI technologies [8].