AI giant iFlytek to invest HK$400 million in Hong Kong, opens international headquarters

Quick Summary:

Hong Kong is expected to serve as iFlytek’s launch pad to expand overseas, with a focus on the Middle East and Southeast Asia.

Hong Kong will also serve as iFlytek’s launch pad to expand the overseas reach of its intelligent education hardware and services, with a focus on the Middle East and Southeast Asia, Duan said.

Founded about 25 years ago in Hefei, capital of eastern Anhui province, iFlytek also plans to collaborate with local companies, such as those in the education and healthcare sectors, in developing computing infrastructure and using its LLM to build custom AI applications, according to Duan.

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Article Details

Author / Journalist: Kelly Le

Category: Business

Markets: Hong KongChina

Topics: Kong Hong International Iflytek Technology Duan Headquarters Friday Innovation Healthcare Cyberport

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-07-19 @ 22:00:15 (2 hours ago)

News Timezone: GMT +8:00

News Source URL: scmp.com

Language: English

Article Length: 578 words

Reading Time: 4 minutes read

Sentences: 19 lines

Sentence Length: 31 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © SCMP

News ID: 21684715

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