HSBC plans to double its AI team in Hong Kong to 300 people, surpassing the size of its AI center in Singapore.
HSBC announced on Thursday its plan to double its team of artificial intelligence (AI) experts in Hong Kong from 150 to 300 over the next two to three years. This figure significantly exceeds the planned headcount for its recently announced AI center in Singapore. Hong Kong regulators reportedly expressed concerns regarding HSBC's establishment of an AI center in Singapore.
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