Sun Dong: Supercomputer Hub Can Be Booted Up By 2025
"); jQuery("#212 h3").html("

"); });
2023-02-25 HKT 13:46
Secretary for Innovation and Technology Sun Dong on Saturday said a proposed artificial intelligence supercomputing centre would represent a "huge" investment, but the government would take a prudent approach.
A study into the project was announced in Wednesday's budget, and Sun told a television programme that the consultation would be completed this year in the hope that funding can be secured next year, with the centre going into operation no later than 2025.
However, the minister said such an investment required careful consideration, noting that a supercomputing centre in Shenzhen had cost billions of dollars.
He said the government is open to suggestions on where to build the centre, naming Cyberport and the Lok Ma Chau Loop, a site on the Shezhen border that is being developed as a technology park, as two possibilities. He says officials are also looking into who would run the centre.
Meanwhile, Sun also faced questions on the matter of sharing data with the mainland, which he described as a "sensitive and important" issue.
Speaking at a press conference on Friday, the minister said the SAR had "no plan to send Hong Kong's data north", though he would ask for data from the mainland to be sent south, subject to conditions and regulations.
In his interview on Saturday, he confirmed that SAR and mainland authorities were still discussing data sharing.
"Of course, the SAR government is in discussions with mainland relevant departments, on whether it is possible to work out a certain amount of data sharing within the Greater Bay Area – especially in the [Lok Ma Chau] loop – in the future."
SBI VC Trade Launches USDC Lending Service For Retail Investors In Japan
SBI VC Trade, the digital asset arm of SBI Holdings, is launching a USDC lending product that provides regulated access... Read more
Japan-Indonesia QRIS Payments Now Fully Enabled For Cross-Border Use
Bank Indonesia (BI) has confirmed that Japanese visitors to Indonesia can now use QRIS (Quick Response Code Indonesian ... Read more
Crypto.com Partners With KG Inicis To Enable Digital Asset Payments In South Korea
Crypto.com has partnered with KG Inicis, Payment Gateway (PG) and Value Added Network (VAN) provider in South Korea, to... Read more
Bithumb Faces Record 36 Billion Won Penalty Over AML Breaches
Bithumb will face a six-month partial business suspension and a 36.8 billion won (around US$28 million) penalty over re... Read more
Ant Group Nears China Approval To Complete HK$2.8 Billion Bright Smart Deal
Ant Group is nearing the completion of its acquisition of Bright Smart Securities & Commodities Group, a deal first... Read more
FWD Group Announces New CFO, Group Chief Actuary And Thailand CEO
FWD Group has announced several senior leadership appointments. David Junius will join the company as Managing Director... Read more

