Two Companies Named to Future Tech 100 to Advance AI Applications and Opportunities Globally
HONG KONG SAR – Media OutReach Newswire – 4 July 2024 – The World Artificial Intelligence Congress 2024 (WAIC 2024) kicked off today at the Shanghai World Expo Exhibition and Convention Center. For the second consecutive year, Cyberport participated in the mega event, showcasing diverse AI-driven solutions across IoT systems, large-scale language models, image generators, virtual chatbots, sales intelligence and lead generation platforms, as well as platforms for child development and special educational needs (SEN) alongside eight startups. Two Cyberport-incubated startups, Votee AI and YouToo Robot, have been selected for the “WAIC 2024 Future Tech 100.”He highlighted Hong Kong's innovative strength and international competitiveness in the field of artificial intelligence.
Cyberport will participate in WAIC 2024, leading eight Cyberport community companies.
About WAIC 2024The AI Summit, themed “AI Governance for Good and All”, will be held in Shanghai from July 4 to 7. The conference aims to showcase cutting-edge technological achievements, explore new opportunities for the development of artificial intelligence, and strive to build the world's largest industrial ecological cluster. Cyberport will participate in the “Hong Kong Pavilion” set up by the Hong Kong Trade Development Council, providing a platform for local AI-related enterprises to showcase their innovative achievements to the international market, enabling enterprises to connect with the world and showcasing Hong Kong's strategic status as a global innovation hub.
Cyberport CEO Rocky ChanLi Keqiang, CEO of Cyberport, said: “Artificial intelligence has become a global priority for the business world, and Hong Kong is no exception. As a leading AI hub in Hong Kong, Cyberport is currently home to nearly 200 startups and technology companies engaged in the research, development and application of AI and data science. We are proud to have eight outstanding companies participate in the World Artificial Intelligence Conference, two of which were selected as 'Future Tech 100', fully demonstrating the innovative strength and international competitiveness of Hong Kong and Cyberport's enterprises in the AI field. Cyberport is committed to working with the government and industry to build a vibrant AI ecosystem, promote technology exchanges and bridge industry collaboration, and promote the adoption of AI technologies to bring more economic and social benefits to Hong Kong.”
In order to promote comprehensive exchanges and cooperation in the field of artificial intelligence, this year's WAIC specially set up the “100 Future Technology Innovation Incubation Exhibition Zone” to select innovative projects that have the potential for practical application or industrialization in the near future. Recognising their future-proof solutions, growth potential and commercial value, four Hong Kong companies have been selected for the WAIC 2024 Future Tech 100, including two Cyberport-incubated start-ups, Votee AI and YouToo Robot.
Voter AIspecializes in the use of artificial intelligence and machine learning techniques in marketing research. Self-developed large-scale Cantonese language model The company was founded in June this year to help organisations integrate their generative AI and Cantonese language capabilities, and also offers solutions for enterprises, including business-to-consumer (B2C) market research, plug-in software development kits (SDKs), and social listening.
As for Youto Robotit has developed Application software for smart industrial robots We break through the technological limitations of related fields, allowing customers without professional coding knowledge to control the operation of a robot production line by themselves. With our 3D model library and smart templates, This enables enterprises to master automation with the ability to reprogram robots independently, modify robotic production lines, and extend the lifecycle of smart production lines to accommodate product iterations, promoting smart transformation in manufacturing.
WAIC 2024 is co-organized by the Ministry of Foreign Affairs, National Development and Reform Commission, Ministry of Industry and Information Technology, Ministry of Science and Technology, Cyberspace Administration of China, Chinese Academy of Sciences, Chinese Academy of Engineering, China Association for Science and Technology and Shanghai Municipal Government, and will be held in Shanghai from July 4 to 7. This year, Cyberport will take the lead and bring together eight Cyberport community enterprises involved in artificial intelligence-related businesses to showcase Hong Kong's potential start-ups and their innovative achievements to the world. (Please refer to the attached table for details of participating startup companies.)
As Hong Kong's leading artificial intelligence hub, Cyberport is committed to establishing Hong Kong's first large-scale AI Supercomputing Centre (AISC), with the first phase of the facility expected to begin operations this year. Once fully operational, the supercomputing facility's computing power is expected to reach 3,000 petaflops, equivalent to processing approximately 10 billion images per hour.
In its latest budget, the HKSAR Government announced that it would allocate HK$3 billion to help universities, research institutes and enterprises harness the computing power of Cyberport's AISC. The associated facility will strengthen Hong Kong's research and development capabilities in a range of fields, including life and health technologies, AI and data science, advanced manufacturing and new energy technologies. It will also attract start-ups and research talent from mainland China and overseas, further enhancing Hong Kong's strengths in basic research and internationalisation.
In addition, Cyberport is committed to building a comprehensive ecosystem of AI technology, including computing infrastructure, basic/vertical/specialized large-scale model construction, etc., and introducing system integrators. With more than 200 startups specializing in AI and big data research and development, and having signed a series of memorandums of understanding with leading enterprises such as Cisco, Baidu and Huawei, Cyberport is promoting artificial intelligence research, innovation and application across industries, building a comprehensive ecosystem for the development of AI technology and industry.
Hashtags: #Cyberport #AI #WAIC2024
The issuer is solely responsible for the content of this announcement.
About Cyberport
Cyberport is Hong Kong's digital technology flagship and entrepreneurship incubator. It has over 2,000 members, including over 900 onsite and 1,100 offsite startups and technology companies. It is managed by the Hong Kong Cyberport Management Company, a wholly owned subsidiary of the Hong Kong Special Administrative Region Government. With a vision to become a digital technology hub and a driving force for Hong Kong's new economy, Cyberport is committed to fostering a vibrant technology ecosystem through nurturing talent, promoting youth entrepreneurship, supporting start-ups, advancing industries by fostering strategic collaboration with domestic and international partners, and integrating the old and new economies by accelerating the digital transformation of the public and private sectors. For more information, please visit: 
http://www.cyberport.hk.
sauce Cyberport to lead eight AI-powered startups to WAIC 2024
The information provided in this article was created by Media OutReach, our news partner. The author's opinions and the content shared on this page are their own and may not necessarily represent the perspectives of Thailand Business News.
