ðŸ‡ðŸ‡° English, 2 November 2026, AI strategy
HSBC to set up AI institute in race to train staff
Banking giant HSBC sets up AI institute in Hong Kong to give employees an efficiency boost.
The institute will be operational in the first quarter of 2027, with the Hong Kong University of Science and Technology as its first anchor academic partner.
The institute’s establishment is part of HSBC’s broader AI strategy to give its 200,000 employees an efficiency boost.
HSBC is also testing AI-powered client-agent interactions and working to improve AI security by identifying vulnerabilities and building more resilient systems.