Press Nest Africa

Menu
  • Home
  • News
  • Business
  • Political Press
  • Government
  • NGOs
  • BRICS Forum
  • Voices / Opinions
Home News Corporate News from Media OutReach Newswire

Cyberport “AI x Data Forum” Concludes Successfully Joining Hands with Industry to Drive AI and Data Innovation and Unlock New Value for Enterprises

Media OutReach Newswire by Media OutReach Newswire
July 17, 2025
Cyberport “AI x Data Forum” Concludes Successfully Joining Hands with Industry to Drive AI and Data Innovation and Unlock New Value for Enterprises
Share on FacebookShare on Twitter


HONG KONG SAR –
Media OutReach Newswire – 17 July 2025 – Cyberport successfully hosted the “AI x Data Forum” today. Centered on the theme “AI in Action, Data at the Core: Unlocking Infinite Potential”, the forum brought together over 450 participants from government, finance, innovation and technology, cybersecurity sector, and academia to explore innovative artificial intelligence and data-driven strategies and practical experiences.

Cyberport, Canton Data Exchange, and China Unicom Global signed a MOU to jointly promote the implementation of mature data application scenarios and enterprises from Mainland China into Hong Kong.

During the forum, Cyberport, the Canton Data Exchange and China Unicom Global signed a Memorandum of Understanding (MoU). The three parties will jointly promote and implement a “Mainland incubation, Hong Kong deployment” collaboration model, introducing mature data application scenarios and enterprises from Mainland China into Hong Kong. The collaboration covers areas such as financial risk management, healthcare, cross-border trade, and the low-altitude economy, and will provide technology platforms and compliance support. These efforts will help enterprises expand into both local and overseas markets, while jointly organizing incubation, investment promotion, and exchange activities, further strengthening Hong Kong’s position as a demonstration hub for data applications.

Prof Sun Dong, Secretary for Innovation, Technology and Industry delivered the opening remarks at the forum and stated “Artificial Intelligence (AI) has become a major engine for global economic growth, with data as its essential driving force. The two elements are complementary. This year, the HKSAR Government has developed AI as a core industry for Hong Kong, aiming for all sectors to focus on its development and spearhead a new wave of economic growth for the city. The Government will fully leverage Hong Kong’s edges as an international data hub, encouraging the industry to pursue innovation and breakthroughs in AI. With unique advantages under the ‘One Country, Two Systems’ principle, Hong Kong is well positioned to serve as a vital base for AI development, both locally and across the Greater Bay Area, enabling AI and data to create broader and more positive value in the region.”

In his welcoming speech, Simon Chan, Chairman of Cyberport, stated “Data is the cornerstone of the digital economy, driving the transformation of smart cities and serving as a vital foundation for AI development. Cyberport is dedicated to building a diverse innovation and technology ecosystem, fostering the safe, efficient, and compliant growth of AI and data applications through cross-sector collaboration. Our partnership with the Canton Data Exchange and China Unicom Global represents a significant milestone in promoting collaborative development in the Guangdong-Hong Kong data industry. Cyberport will continue to serve as Hong Kong’s digital tech hub and AI accelerator, harnessing innovative technologies to drive economic transformation and reinforce Hong Kong’s status as a global hub for innovation and data.”

RelatedPosts

Why higher tariffs on Canadian lumber may not be enough to stimulate long-term investments in US forestry

National Executive is not above the law – President Ramaphosa

Government shutdown hasn’t left US consumers glum about the economy – for now, at least

Starbucks wants you to stay awhile – but shuttering its mobile-only pickup locations could be a risky move

The Leaders Dialogue sessions moderated by Dr. Crystal Fok, Director of AI Applications at Cyberport, brought together representatives from various organizations, including the Hong Kong Police Force, the Spatial Data Office, Canton Data Exchange, and China Unicom Global. The panel engaged in an in-depth discussion on advancing data security and improving the transparency of cloud data flows, providing fresh perspectives to organizational data management strategies. During the discussion, experts shared valuable insights in promoting data security and data application and ensuring compliance. Initiatives included developing platforms with multilingual and context-aware capabilities to enhance service quality and continually reviewing and enhancing system security to ensure a safe and compliant flow of information. The panel also underscored that the establishment of compliant and scalable data platforms will facilitate cross-sector collaboration and industry co-creation, helping smart enterprises seize new opportunities and achieve high-quality growth.

As Hong Kong’s digital tech hub and AI accelerator, Cyberport is committed to building a responsible and trustworthy AI ecosystem in collaboration with various sectors. Last year, Cyberport launched Hong Kong’s largest Artificial Intelligence Supercomputing Centre (AISC) and established an AI Lab to provide comprehensive support to start-ups from research and development to market entry, creating a valuable platform for technology demonstration and commercial application.

Additionally, the HKSAR Government allocated HK$3 billion to launch the three year Artificial Intelligence Subsidy Scheme (AISS) through Cyberport, which has received approximately 20 applications. As of the end of June this year, the committee has approved nearly 10 projects covering areas such as local large language models, new materials, synthetic biology, and medical large models, with total grants of about HK$300 million. Since January, approved projects have gradually begun utilising the AISC, with more than 90% of its computing capacity now in use.

With the completion of Cyberport 5 expected for this year, the new building will be equipped with state-of-the-art infrastructure, including a dedicated, Tier-III+ standard sustainable data centre. Together with the adjacent AISC and the Hong Kong Internet Exchange (HKIX), the new facility will create a high-performance technology corridor. This will provide stronger and highly reliable data storage and computing support for industry, academia, and government, accelerating digital transformation across industries.

Currently, Cyberport is home to more than 400 start-ups focusing on AI and data science, and has attracted several leading AI enterprises. Cyberport has fostered strategic partnerships with major technology leaders, expanding support for start-ups while advancing talent cultivation, R&D, and technology adoption, driving Hong Kong’s evolution into an International AI and innovation hub.

Hashtag: #Cyberport #AIxDataForum

The issuer is solely responsible for the content of this announcement.



Source link

Related Posts

Why higher tariffs on Canadian lumber may not be enough to stimulate long-term investments in US forestry
News

Why higher tariffs on Canadian lumber may not be enough to stimulate long-term investments in US forestry

October 15, 2025
National Executive is not above the law – President Ramaphosa
News

National Executive is not above the law – President Ramaphosa

October 15, 2025
Government shutdown hasn’t left consumers glum about the economy – for now, at least
News

Government shutdown hasn’t left US consumers glum about the economy – for now, at least

October 15, 2025
Starbucks wants you to stay awhile – but shuttering its mobile-only pickup locations could be a risky move
News

Starbucks wants you to stay awhile – but shuttering its mobile-only pickup locations could be a risky move

October 14, 2025
In defense of ‘surveillance pricing’: Why personalized prices could be an unexpected force for equity
News

In defense of ‘surveillance pricing’: Why personalized prices could be an unexpected force for equity

October 14, 2025
New student loan limits could change who gets to become a professor, doctor or lawyer
News

New student loan limits could change who gets to become a professor, doctor or lawyer

October 14, 2025
How the government shutdown is making the air traffic controller shortage worse and leading to flight delays
News

How the government shutdown is making the air traffic controller shortage worse and leading to flight delays

October 11, 2025
Government shutdown hasn’t left consumers glum about the economy – for now, at least
News

Government shutdown hasn’t left consumers glum about the economy – for now, at least

October 10, 2025
Next Post
Brand New TV Show “AI for Humans” Officially Premieres Exploring the Limitless Potential of Artificial Intelligence in Hong Kong

Correcting and Replacing: Brand New TV Show "AI for Humans" Officially Premieres Exploring the Limitless Potential of Artificial Intelligence in Hong Kong

’Our Constitution should make us proud to be South African’ – President Ramaphosa

’Our Constitution should make us proud to be South African’ – President Ramaphosa

Chongqing Qianxin Foreign Trade and Economic Cooperation Group Co., Ltd(CFTEC) Hosts the Global Trade Partner Matching Conference

Chongqing Qianxin Foreign Trade and Economic Cooperation Group Co., Ltd(CFTEC) Hosts the Global Trade Partner Matching Conference

Why male corporate leaders and billionaires may need financial therapy more than anyone

Why male corporate leaders and billionaires may need financial therapy more than anyone

MoU to promote sustainable development

MoU to promote sustainable development

Recommended.

Leonhart Coffee Collaborates With Foodpanda Malaysia in Powering Riders To Boost Deliveries And Improve Livelihoods

Leonhart Coffee Collaborates With Foodpanda Malaysia in Powering Riders To Boost Deliveries And Improve Livelihoods

June 10, 2025
Tenchijin Wins 2nd Place at IVS2025 LAUNCHPAD – One of Asia’s Most Prestigious Startup Competitions

Tenchijin Wins 2nd Place at IVS2025 LAUNCHPAD – One of Asia’s Most Prestigious Startup Competitions

July 9, 2025

Trending.

No Content Available

Publish News, Boost Your PR, SEO, and Business Exposure with SagloMedia's Dedicated Brand Sections

Discover More

News Publications

  • EBNewsDaily
  • South African Business News
  • BetsBulletin SA
  • PressNest
  • EconoNews
  • AfricaBiz Watch

Listing Directories

  • MySouthy
  • BizFinder Directory
  • ListBig
  • SA Companies
  • OutingPlace
  • Rental Kings

Quick Links

  • Home
  • Advertise
  • Publications
  • Company News
  • Privacy Policy
  • Copyright & Takedowns

SagloMedia

  • About us
  • Careers
  • Student Program
  • RSS Feeds
  • Press Code
  • Contact Us

Get In Touch

  • info@saglomedia.co.za
  • Tel: +27 10 880 3950
  • WhatsApp: +27 10 880 3950
  • Johannesburg, South Africa
  • SagloMedia
  • www.saglomedia.co.za
Copyright © 2025 | SagloMedia

Saglohost Web Hosting | Web Hosting South Africa | Web Design Johannesburg | Web Design South Africa | Saglotech | Web Design Company | SEO Company South Africa | SEO Company Johannesburg