Hong Kong can serve as a ‘launch pad’ for AI firms, finance chief Paul Chan says

Hong Kong should serve as a hub for the commercialisation of artificial intelligence and as a strategic base for mainland Chinese AI companies’ overseas expansion, the city’s finance chief has said, while highlighting the risks and challenges associated with its development. Financial Secretary Paul Chan Mo-po’s comments followed a speech on Friday by Chinese President Xi Jinping in which he called for artificial intelligence (AI) to be made a key driving force for all countries to promote...