HONG KONG, Nov 5 – Longbridge Group’s AI division has signed a three-year strategic partnership with Hong Kong Cyberport to promote the responsible development and use of artificial intelligence (AI).
The partnership aims to strengthen Hong Kong’s position as a growing centre for financial technology and AI innovation.
As part of the agreement, Longbridge AI Technologies Limited and Cyberport will support the establishment of a Hong Kong AI Lab. The facility will bring together financial institutions, technology companies, universities and start-ups to explore practical uses of AI.
Partnership to Focus on Responsible AI Development
The collaboration will focus on research, industry engagement, talent development and technological innovation.
Both organisations aim to ensure that AI solutions are developed with proper attention to transparency, accountability and public trust.
This is particularly important in financial services, where AI systems are increasingly being used to analyse information and support complex decisions.
Longbridge AI will contribute its financial technology expertise, AI capabilities and industry experience. Meanwhile, Cyberport will connect the partnership with its wider technology and innovation network.
Four Key Areas of Collaboration
Under the agreement, Longbridge AI and Cyberport will explore four main areas:
- Responsible AI research: Supporting research and practical applications of agentic AI in Hong Kong.
- Hong Kong AI Lab: Creating a platform for research, testing, experimentation and knowledge exchange.
- Industry engagement: Organising seminars, discussions and research activities involving financial institutions, technology companies and academics.
- Talent development: Exploring workshops, hackathons, mentorship programmes and opportunities for start-ups and researchers.
These initiatives are expected to encourage greater cooperation between the financial and technology sectors.
AI Lab to Connect Research With Real-World Applications
Longbridge Group Co-founder and CEO Nowa Zhu said agentic AI could change how people interact with financial information.
However, he stressed that technological progress must be supported by trust, accountability and responsible oversight.
He added that collaboration between industry experts, researchers and technology developers would help identify practical applications for agentic AI.
Cyberport Chief Public Mission Officer Eric Chan also welcomed the partnership.
He said agentic AI offers significant opportunities for financial services. The collaboration will help encourage knowledge-sharing and support the testing and development of new AI solutions.
Supporting Hong Kong’s Fintech Growth
Beyond research, the partnership will explore ways to turn technical developments into practical solutions and proof-of-concept projects.
It will also encourage wider discussions about the opportunities, risks and safeguards involved in using agentic AI in finance.
Through this initiative, Longbridge Group and Cyberport aim to strengthen Hong Kong’s AI ecosystem and support the city’s development as an international financial and technology hub.
Source : PR Newswire | Rewritten By Minutesmy
