Can Hong Kong overcome AI talent shortages and access gaps?

The city houses 500 AI organisations across different sectors.

Hong Kong’s artificial intelligence (AI) sector is set for sustained growth, with potential to strengthen governance, data privacy, and cross-sector applications, despite challenges such as talent shortages and access to AI technologies.

The city’s research, investment, and government support are driving the sector’s expansion, according to Dmiry Kaminskiy, General Partner of Deep Knowledge Group.

The sector has a 23% increase in IPO volume during Q1 2025, according to a Financial Services Development Council (FSDC) report.

The city houses 500 AI organisations, 290 companies, and 180 investors operating across finance, healthcare, and government services.

Meanwhile, the government has also invested $1b in AI research and development to support the sector’s growth and competitiveness. King Au, Executive Director of the FSDC, noted that the city’s academic and financial sectors provide a foundation for further development.

“Focus on innovation, ethical AI, and cross-sector collaboration ensures a promising future for AI in Hong Kong,” Kaminskiy added.