Report

HSBC plans Hong Kong AI institute after Singapore launch

HSBC targets a first-quarter 2027 launch, with Hong Kong University of Science and Technology as its anchor academic partner.

3 Sources, ,

TLDR

HSBC CEO Georges Elhedery announced the Hong Kong plan at FinTech Week on November 2. He said the institute would move to the Northern Metropolis once its site is ready. The bank announced plans in July to hire more than 100 AI specialists in Singapore and is rolling out AI training to its roughly 200,000 employees worldwide.

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3 Sources, first seen 5h ago