AI TRENDS | HSBC to Establish Global AI Research Institute in Hong Kong, Initially Focusing on Blockchain

HSBC will establish a global AI research institute in Hong Kong, HSBC Asia and Middle East Co-Chief Executive David Liao announced. According to Odaily, the institute is expected to begin operating in early 2027 and initially focus on AI applications, blockchain technology and post-quantum cryptography. HSBC currently has a 150-person AI team in Hong Kong and expects the team to double in size over the next two to three years.