Hong Kong Allocates $3 Billion for AI Supercomputing Subsidy Scheme

January 05, 2026
The Hong Kong Government has launched a $3 billion AI Subsidy Scheme to support local universities, research institutes, and enterprises in using Cyberport’s AI Supercomputing Centre for AI development. The University of Hong Kong is among the participants, developing a generative AI capable of real-time 3D scene creation.

The Hong Kong Government has launched a $3 billion AI Subsidy Scheme to strengthen the city’s artificial intelligence ecosystem. The three-year program supports local universities, research institutes, and enterprises in using the computing power of Cyberport’s AI Supercomputing Centre (AISC) to drive AI research and innovation.

Around 20 projects from universities, institutions, and companies have already been approved for funding, with subsidies covering about 70% of service costs. The AISC began operations in December 2024 and currently operates at an average utilisation rate of nearly 80%.

Among the funded projects, the University of Hong Kong’s Department of Electrical & Electronic Engineering has developed a generative AI system capable of real-time 3D scene generation. The system can turn spoken or written concepts into visual renderings, with potential applications in interior design, video game development, and professional presentations.

The research team is also focusing on model compression to make the technology compatible with mobile phones and desktop computers, aiming to expand accessibility. Cyberport stated that the supercomputing centre is designed to reduce both cost and time barriers for AI developers and plans to introduce more diverse AI models to support local industry growth.

We hope you enjoyed this article.

Consider subscribing to one of our newsletters like AI Funding Brief, AI Policy Brief or Daily AI Brief.

Also, consider following us on social media:

AI Funding News AI Safety & Regulation AI Brief AI Brief (X)

More from: Funding

01/06
Microsoft Acquires Osmos to Boost AI Data Engineering in Fabric
01/05
Palo Alto Networks in Talks to Acquire Israeli Cybersecurity Startup Koi for $400 Million
12/31
team.blue Acquires AI Web App Builder Macaly
12/31
SoftBank Completes $22.5 Billion Investment in OpenAI
12/30
Meta Acquires Manus AI for Over $2 Billion

More from: Regulation

01/05
France and Malaysia Investigate Grok Over Sexualized Deepfakes
01/05
U.S. Virgin Islands Sues Meta Over Scam Ads and Child Safety Failures
01/05
Xi Jinping Highlights AI and Industrial Innovation in National Development Agenda
12/28
OpenAI Seeks Head of Preparedness to Oversee AI Safety and Risk Mitigation
12/22
Anthropic Publishes Compliance Framework Ahead of California’s Frontier AI Law

Subscribe to AI Policy Brief

Weekly report on AI regulations, safety standards, government policies, and compliance requirements worldwide.

AI Token Webinar

Whitepaper

Stanford HAI’s 2025 AI Index Reveals Record Growth in AI Capabilities, Investment, and Regulation

The 2025 AI Index by Stanford HAI provides a comprehensive overview of the global state of artificial intelligence, highlighting significant advancements in AI capabilities, investment, and regulation. The report details improvements in AI performance, increased adoption in various sectors, and the growing global optimism towards AI, despite ongoing challenges in reasoning and trust. It serves as a critical resource for policymakers, researchers, and industry leaders to understand AI's rapid evolution and its implications.

Read more

You May Also Like