HSBC will establish an AI and Emerging Technology Research Institute

HSBC announced the establishment of a global "Artificial Intelligence and Emerging Technology Research Institute" in the northern metropolitan area of Hong Kong, which is scheduled to begin operations in early 2027. The institute will focus on talent skill enhancement, artificial intelligence security and fraud detection, post-quantum cryptography, and blockchain, and will promote the application of innovative solutions across various business areas. HSBC has selected the Hong Kong University of Science and Technology as its main academic partner.