Shang Tang Technology And Alibaba Join Hands With Hongkong Science Park To Set Up Ai Laboratory.

In recent years, Hongkong has gradually become the place where new entrepreneurs choose to create a company, and the key to promoting the new ecological development in the region is to discover scientific and technological talents and potential new start-ups. The mainland artificial intelligence (AI) start-ups will be with the Alibaba group and the Hongkong Science Park Corporation (the statutory agencies for the Hongkong Science Park, innovation center and 3 industrial parks) to announce the establishment of the Hongkong Artificial Intelligence Laboratory (HKAI Lab) and the new venture accelerator program.

According to Tencent science and technology and TechCrunch, the mainland AI newly created, and the world's highest market value AI company Shang Tang technology and Alibaba and Hongkong science and Technology Park Company announced that it will jointly promote the new ecological development of Hongkong technology and strengthen its scientific and technological cooperation with the mainland.

Alibaba has recently led 600 million US dollars to Shang Tang technology to become the largest single investor in Shang Tang technology. The future Alibaba will also support the Hongkong artificial intelligence laboratory through its $130 million Hongkong entrepreneur fund.

In the future, the AI lab will serve as an important research institution of Hongkong international innovation and technology center, and will further become an innovative service platform for the mainland and Hongkong market. The new start-up accelerator program, launched by the above-mentioned industries, will serve as a public platform for Hongkong Youth Innovation and entrepreneurship services, which will be selected to obtain funding, AI technology support and market demand media services, and will also be supported by mentoring and basic office space. In addition, the Hongkong artificial intelligence laboratory also launched a "tutorial group" course in Hongkong, inviting many well-known university professors, the founders of many Unicorn enterprises in Hongkong and the mainland, and CEO, to provide all-round guidance to entrepreneurs with new technology and entrepreneurial experience.

Tang Xiaoou, founder of Shang Tang technology, said the laboratory would serve as a platform for bridges between the academia and the industry to promote broader industrial cooperation between Hongkong and the mainland through AI technology. Cai Chongxin, the executive vice chairman of the Alibaba group, said the Hongkong artificial intelligence laboratory will be an open platform for researchers, start-ups and industry participants to build a culture of innovation in Hongkong.
Lo Van Fen, President of Hongkong science and Technology Park Corporation, pointed out that AI is one of the key technologies in Hongkong science and technology parks. At present, Hongkong Science Park has many enterprises to develop AI technology, and has a wide range of technology applications, including intelligent city, medical science and technology, customer service robot, financial technology (FinTech) and intelligent logistics. The three party cooperation of Alibaba group, Shang Tang technology and Hongkong science and Technology Park Company has symbolic significance in the cooperation of industry, University and research.