HSBC to Open Hong Kong AI Institute After Singapore Launch
HSBC plans to open an AI institute in Hong Kong, following a similar launch in Singapore. The move shows how big banks are building their own AI expertise. Details such as what the institute will do were not given in the short report, so the plan is still early.
Quick glossaryHSBC, AI institute
- HSBC
- A global bank headquartered in London, known for its large international banking network.
- AI institute
- A centre where people research and train in artificial intelligence, the technology behind chatbots and smart tools.
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