David Edwards
As part of a larger plan to position itself as a global leader in technology, Hong Kong is increasing its investment in Web3 and artificial intelligence (AI) through Cyberport, its government-backed innovation hub.
The “AI Safety, Trust, and Responsibility” forum, which brought together international AI academic institutions to address AI governance, safety, and responsible innovation, was held by Cyberport on February 27, 2025. The occasion demonstrates Hong Kong’s increasing dedication to furthering blockchain and AI research.
$125 million is set aside by Hong Kong for AI research and development.
The government’s emphasis on emerging technologies was highlighted in Hong Kong’s 2025–26 budget, which was revealed the day before by Financial Secretary Paul Chan Mo-po. The government set up $1 billion Hong Kong dollars ($125.5 million) to create the Hong Kong AI Research and Development Institute as part of this plan. The institute wants to promote commercialization, improve application scenarios, and ease AI research.
The AI Supercomputing Expansion at Cyberport
Launched on December 9, 2024, Cyberport’s Artificial Intelligence Supercomputing Centre (AISC) will grow to 3,000 petaFLOPS of processing capacity to support AI and Web3 innovation. This update will boost blockchain, big data, and digital finance research and development by greatly improving AI processing capabilities.
Cyberport has strengthened its AI strategy by establishing the WDTA Asia-Pacific Institute (preparatory) in collaboration with the World Digital Technology Academy (WDTA), which focuses on responsible innovation, safety, and ethics in AI. Furthermore, Cyberport has negotiated Memorandums of Understanding (MoUs) with academic institutions and organizations to establish internship and job opportunities for AI-focused students.
The Hong Kong government has set aside 3 billion Hong Kong dollars ($385.6 million) for a three-year AI Subsidy Scheme as part of a larger plan with the goal of promoting AI-driven breakthroughs and cultivating a sustainable tech environment.
