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Hong Kong Invests HK$1 Billion in AI, Plans 10,000 Civil Service Job Cuts to Address Deficit
Workforce Impact TheDayAfterAI News Workforce Impact TheDayAfterAI News

Hong Kong Invests HK$1 Billion in AI, Plans 10,000 Civil Service Job Cuts to Address Deficit

The Hong Kong government has announced a HK$1 billion investment in artificial intelligence research and development, alongside plans to reduce the civil service workforce by 10,000 positions by 2027. The dual strategy seeks to stimulate economic growth through innovation while addressing significant fiscal pressures.

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Latest Trends & Development

Business & Economy
TSLA Stock Forecast: 5 Top AIs Predict Tesla's Price for Dec 15-19
TSLA Stock Forecast: 5 Top AIs Predict Tesla's Price for Dec 15-19
Google Translate Adds Live Headphone Translation Powered by Gemini
Google Translate Adds Live Headphone Translation Powered by Gemini
Will Google AI Mode be Influenced by Ads?
Will Google AI Mode be Influenced by Ads?
Is Copper a Buy? Record $11,952 High & AI Demand Analyzed
Is Copper a Buy? Record $11,952 High & AI Demand Analyzed
Cypher IQ Launches AI based Scan and Filing Tool Aimed at Managed Print Providers
Cypher IQ Launches AI based Scan and Filing Tool Aimed at Managed Print Providers
NDIS to Launch Computer-Generated Plans for 750,000 Users by Mid-2026
NDIS to Launch Computer-Generated Plans for 750,000 Users by Mid-2026
OpenAI Signs USD 38 Billion AWS Deal in Strategic Cloud Expansion
OpenAI Signs USD 38 Billion AWS Deal in Strategic Cloud Expansion
World Bank: 40% of ChatGPT Traffic From Developing Economies Despite 77% Compute Gap
World Bank: 40% of ChatGPT Traffic From Developing Economies Despite 77% Compute Gap
Manus AI Faces Heat Over Unpredictable Credit Costs After USD 75M Benchmark Fund
Manus AI Faces Heat Over Unpredictable Credit Costs After USD 75M Benchmark Fund
Gemini 3.0, GPT-5.1 & Grok 4.1: New AI Tools Cut Research Time by 50%
Gemini 3.0, GPT-5.1 & Grok 4.1: New AI Tools Cut Research Time by 50%
US$350B AI Data Centre Boom Reshapes U.S. Economy as Power Demand Surges
US$350B AI Data Centre Boom Reshapes U.S. Economy as Power Demand Surges
153,074 U.S. Job Cuts in October, With 31,000 Linked to AI: Workplace Shift Accelerates
153,074 U.S. Job Cuts in October, With 31,000 Linked to AI: Workplace Shift Accelerates
WTO Lifts 2025 Trade Growth Forecast to 2.4% as AI Demand Boosts Global Commerce
WTO Lifts 2025 Trade Growth Forecast to 2.4% as AI Demand Boosts Global Commerce
Bloomberg Integrates 50B-Parameter BloombergGPT Into Terminal for Faster Financial Insight
Bloomberg Integrates 50B-Parameter BloombergGPT Into Terminal for Faster Financial Insight
AI Index Outpaces Markets in 2025 as Global Investment Surges Past US$250 Billion
AI Index Outpaces Markets in 2025 as Global Investment Surges Past US$250 Billion
Keystone Partners: AI Could Expose 300 Million Jobs to Automation
Keystone Partners: AI Could Expose 300 Million Jobs to Automation
Stanford HAI Releases 2025 AI Index Report Highlighting Advances and Disparities
Stanford HAI Releases 2025 AI Index Report Highlighting Advances and Disparities
Justice Kagan Praises AI Tool Claude for Supreme Court Case Analysis
Justice Kagan Praises AI Tool Claude for Supreme Court Case Analysis
HeyGen Relocates Headquarters from China to U.S. Amid Geopolitical Pressures
HeyGen Relocates Headquarters from China to U.S. Amid Geopolitical Pressures
Manus AI Relocates to Singapore, Cuts China Staff Amid U.S. Tech Tensions
Manus AI Relocates to Singapore, Cuts China Staff Amid U.S. Tech Tensions
AI Outperforms 93% of Fund Managers with 6X Higher Gains
AI Outperforms 93% of Fund Managers with 6X Higher Gains
Amazon CEO: AI to Reshape Jobs and Reduce Corporate Workforce in Coming Years
Amazon CEO: AI to Reshape Jobs and Reduce Corporate Workforce in Coming Years
Goodman Group Leads US$2.7B Data Centre Push to Power AI Growth in Hong Kong
Goodman Group Leads US$2.7B Data Centre Push to Power AI Growth in Hong Kong
AI to Add US$15.7 Trillion to Global Economy by 2030, But Challenges Remain
AI to Add US$15.7 Trillion to Global Economy by 2030, But Challenges Remain
Chinese Markets Surge on AI Innovation as Trade Tensions and Deflation Cloud Outlook
Chinese Markets Surge on AI Innovation as Trade Tensions and Deflation Cloud Outlook
Goodman Group Accelerates AI Data Center and Warehouse Expansion Across Australia
Goodman Group Accelerates AI Data Center and Warehouse Expansion Across Australia
Anthropic CEO Warns AI May Replace 50% of Entry-Level White-Collar Jobs Within Five Years
Anthropic CEO Warns AI May Replace 50% of Entry-Level White-Collar Jobs Within Five Years
Australia Expands Use of AI to Tackle Predatory Lending and Protect Vulnerable Borrowers
Australia Expands Use of AI to Tackle Predatory Lending and Protect Vulnerable Borrowers
Citi Launches AI Tools for Hong Kong Staff to Boost Internal Efficiency
Citi Launches AI Tools for Hong Kong Staff to Boost Internal Efficiency
Westpac to Cut 1,500 Jobs in 2025 as Bank Accelerates AI and Digital Transformation
Westpac to Cut 1,500 Jobs in 2025 as Bank Accelerates AI and Digital Transformation

Investments & Strategies

Business & Economy
Will Google AI Mode be Influenced by Ads?
Will Google AI Mode be Influenced by Ads?
OpenAI Signs USD 38 Billion AWS Deal in Strategic Cloud Expansion
OpenAI Signs USD 38 Billion AWS Deal in Strategic Cloud Expansion
Manus AI Faces Heat Over Unpredictable Credit Costs After USD 75M Benchmark Fund
Manus AI Faces Heat Over Unpredictable Credit Costs After USD 75M Benchmark Fund
US$350B AI Data Centre Boom Reshapes U.S. Economy as Power Demand Surges
US$350B AI Data Centre Boom Reshapes U.S. Economy as Power Demand Surges
AI Index Outpaces Markets in 2025 as Global Investment Surges Past US$250 Billion
AI Index Outpaces Markets in 2025 as Global Investment Surges Past US$250 Billion
HeyGen Relocates Headquarters from China to U.S. Amid Geopolitical Pressures
HeyGen Relocates Headquarters from China to U.S. Amid Geopolitical Pressures
Manus AI Relocates to Singapore, Cuts China Staff Amid U.S. Tech Tensions
Manus AI Relocates to Singapore, Cuts China Staff Amid U.S. Tech Tensions
AI Outperforms 93% of Fund Managers with 6X Higher Gains
AI Outperforms 93% of Fund Managers with 6X Higher Gains
Goodman Group Accelerates AI Data Center and Warehouse Expansion Across Australia
Goodman Group Accelerates AI Data Center and Warehouse Expansion Across Australia
Microsoft Surpasses Q3 Earnings Estimates as AI and Cloud Drive Strong Growth
Microsoft Surpasses Q3 Earnings Estimates as AI and Cloud Drive Strong Growth
Apple Faces Federal Lawsuit Over iPhone 16 AI Advertising Claims
Apple Faces Federal Lawsuit Over iPhone 16 AI Advertising Claims
AI Projected to Add US$22.3 Trillion to Global Economy by 2030, IDC Finds
AI Projected to Add US$22.3 Trillion to Global Economy by 2030, IDC Finds
Intel Foundry Eyed by TSMC, Nvidia, AMD & Broadcom in AI Chip Deal
Intel Foundry Eyed by TSMC, Nvidia, AMD & Broadcom in AI Chip Deal
Apple-Alibaba AI Alliance: Boosting Revenue or a Privacy Concern?
Apple-Alibaba AI Alliance: Boosting Revenue or a Privacy Concern?
How AI Tools Are Revolutionizing Personal Finance and Wealth Management
How AI Tools Are Revolutionizing Personal Finance and Wealth Management
Trump’s $500 Billion AI Investment Fuels Growth in Blockchain and AI Cryptocurrencies
Trump’s $500 Billion AI Investment Fuels Growth in Blockchain and AI Cryptocurrencies
Telstra and Accenture Forge $700 Million AI Partnership
Telstra and Accenture Forge $700 Million AI Partnership
Hewlett Packard Enterprise Secures $1 Billion AI Server Contract with Elon Musk's X
Hewlett Packard Enterprise Secures $1 Billion AI Server Contract with Elon Musk's X
Tesla Stock Analysis: Is Now the Right Time to Buy? AI Insights and Technical Breakdown
Tesla Stock Analysis: Is Now the Right Time to Buy? AI Insights and Technical Breakdown
10 US Stocks in AI Worth Watching for Growth in 2025
10 US Stocks in AI Worth Watching for Growth in 2025
Databricks Secures $9.5B Funding, Soars to $98B Valuation Amid Rapid AI Growth
Databricks Secures $9.5B Funding, Soars to $98B Valuation Amid Rapid AI Growth
Amazon Deepens Generative AI Strategy with $4 Billion Investment in Anthropic
Amazon Deepens Generative AI Strategy with $4 Billion Investment in Anthropic
HMC Capital Makes Strategic Move in Data Centre Market with $400 Million Acquisition
HMC Capital Makes Strategic Move in Data Centre Market with $400 Million Acquisition
Meta's Reality Labs Reports USD 4.4 Billion Loss in Q3 Amid AI Investments
Meta's Reality Labs Reports USD 4.4 Billion Loss in Q3 Amid AI Investments
OpenAI Appoints Chief Economist: Dr. Ronnie Chatterji to Lead AI’s Economic Transformation
OpenAI Appoints Chief Economist: Dr. Ronnie Chatterji to Lead AI’s Economic Transformation
TSMC’s AI Chip Demand Fuels 42% Profit Surge in Q3 Amid Global Expansion
TSMC’s AI Chip Demand Fuels 42% Profit Surge in Q3 Amid Global Expansion
Google Drops $2.7 Billion to Rehire AI Visionary Noam Shazeer Amid Tech’s Billion-Dollar AI Battle
Google Drops $2.7 Billion to Rehire AI Visionary Noam Shazeer Amid Tech’s Billion-Dollar AI Battle
The Fall of China's GPU Giant: Xiangdixian's Sudden Collapse and Its Ripple Effects
The Fall of China's GPU Giant: Xiangdixian's Sudden Collapse and Its Ripple Effects
AI Giants Merge: Google’s Strategic Acquisition of Character.AI’s Minds and Models
AI Giants Merge: Google’s Strategic Acquisition of Character.AI’s Minds and Models
Apple's AI Surge: Genius Move or Market Mirage?
Apple's AI Surge: Genius Move or Market Mirage?

Global Economy

Workforce Impact

Industry Applications

Business & Economy
Google Translate Adds Live Headphone Translation Powered by Gemini
Google Translate Adds Live Headphone Translation Powered by Gemini
Cypher IQ Launches AI based Scan and Filing Tool Aimed at Managed Print Providers
Cypher IQ Launches AI based Scan and Filing Tool Aimed at Managed Print Providers
Gemini 3.0, GPT-5.1 & Grok 4.1: New AI Tools Cut Research Time by 50%
Gemini 3.0, GPT-5.1 & Grok 4.1: New AI Tools Cut Research Time by 50%
Bloomberg Integrates 50B-Parameter BloombergGPT Into Terminal for Faster Financial Insight
Bloomberg Integrates 50B-Parameter BloombergGPT Into Terminal for Faster Financial Insight
Justice Kagan Praises AI Tool Claude for Supreme Court Case Analysis
Justice Kagan Praises AI Tool Claude for Supreme Court Case Analysis
Goodman Group Leads US$2.7B Data Centre Push to Power AI Growth in Hong Kong
Goodman Group Leads US$2.7B Data Centre Push to Power AI Growth in Hong Kong
Australia Expands Use of AI to Tackle Predatory Lending and Protect Vulnerable Borrowers
Australia Expands Use of AI to Tackle Predatory Lending and Protect Vulnerable Borrowers
Citi Launches AI Tools for Hong Kong Staff to Boost Internal Efficiency
Citi Launches AI Tools for Hong Kong Staff to Boost Internal Efficiency
AI Boosts JPMorgan’s Client Advisory Services, Driving 20% Sales Growth
AI Boosts JPMorgan’s Client Advisory Services, Driving 20% Sales Growth
OpenAI Launches Flex Processing: Lower API Costs for o3 and o4-mini with Trade-Offs
OpenAI Launches Flex Processing: Lower API Costs for o3 and o4-mini with Trade-Offs
AI Boosts Sales and Confidence for Canadian Small Businesses, GoDaddy Study Finds
AI Boosts Sales and Confidence for Canadian Small Businesses, GoDaddy Study Finds
CommBank Opens Seattle Tech Hub to Expand AI Capabilities and Collaborate with Global Tech Leaders
CommBank Opens Seattle Tech Hub to Expand AI Capabilities and Collaborate with Global Tech Leaders
McDonald’s Uses AI to Upgrade 43,000 Restaurants
McDonald’s Uses AI to Upgrade 43,000 Restaurants
The Symbiotic Evolution of Artificial Intelligence and Cryptocurrency
The Symbiotic Evolution of Artificial Intelligence and Cryptocurrency
Google Cloud Unveils Transformative AI Tools for Retail at NRF 2025
Google Cloud Unveils Transformative AI Tools for Retail at NRF 2025
Meta’s AI Characters: Shaping the Future of Social Media Engagement
Meta’s AI Characters: Shaping the Future of Social Media Engagement
Chainlink’s AI & Blockchain Initiative: Transforming Financial Data Processing for FMI Leaders
Chainlink’s AI & Blockchain Initiative: Transforming Financial Data Processing for FMI Leaders
Unlocking $11 Million in Savings: The Power of Digital Twins in Business
Unlocking $11 Million in Savings: The Power of Digital Twins in Business
Teachers Harness Generative AI to Elevate Classroom Effectiveness, Study Finds
Teachers Harness Generative AI to Elevate Classroom Effectiveness, Study Finds
AI Takes the Helm: Can Generative AI Really Replace Human CEOs?
AI Takes the Helm: Can Generative AI Really Replace Human CEOs?
AI Agents Take the Lead: The Next Evolution in Workplace Automation
AI Agents Take the Lead: The Next Evolution in Workplace Automation
IKEA's AI Vision and Smart Light Dilemma: Innovation Meets Roadblocks in Hong Kong
IKEA's AI Vision and Smart Light Dilemma: Innovation Meets Roadblocks in Hong Kong
When AI Turns Human: Real-Life Woman Poses as Robot at Beijing Expo, Sparks Controversy
When AI Turns Human: Real-Life Woman Poses as Robot at Beijing Expo, Sparks Controversy
Revolutionizing IT Support: Commonwealth Bank Unveils AI-Powered ChatIT
Revolutionizing IT Support: Commonwealth Bank Unveils AI-Powered ChatIT
AI in Journalism: The Controversy Surrounding Cosmos Magazine's AI-Generated Articles
AI in Journalism: The Controversy Surrounding Cosmos Magazine's AI-Generated Articles
Civils.ai Transforming Construction with AI-Powered Document Handling
Civils.ai Transforming Construction with AI-Powered Document Handling
KFC Revolutionizes Drive-Thru Experience with AI Chatbots in Australia
KFC Revolutionizes Drive-Thru Experience with AI Chatbots in Australia
An AI Data Deal Ignites Academic Controversy: Authors Left in the Dark
An AI Data Deal Ignites Academic Controversy: Authors Left in the Dark
IBM's AI Boom: Navigating Shifts in Consulting and Software Demand
IBM's AI Boom: Navigating Shifts in Consulting and Software Demand
The Rise of AI Tutors: Revolutionizing Education or Risking Quality?
The Rise of AI Tutors: Revolutionizing Education or Risking Quality?

Weekly Highlighted Videos

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AI Market Signals

Business & Economy
TSLA Stock Forecast: 5 Top AIs Predict Tesla's Price for Dec 15-19
TSLA Stock Forecast: 5 Top AIs Predict Tesla's Price for Dec 15-19

More Global Advancements News

Governance & Politics

Governance & Politics
US & Australia Lead New 25-Page Guide to Secure AI in Critical Infrastructure
US & Australia Lead New 25-Page Guide to Secure AI in Critical Infrastructure
Australia’s First National AI Plan: AUD 29.9M for New Safety Institute
Australia’s First National AI Plan: AUD 29.9M for New Safety Institute
AI in Democracy: 150,000 Votes in Tokyo and 55% Legal Adoption in Brazil
AI in Democracy: 150,000 Votes in Tokyo and 55% Legal Adoption in Brazil
As Global AI Usage Hits 800M, Hong Kong Faces Access Restrictions
As Global AI Usage Hits 800M, Hong Kong Faces Access Restrictions
10,000 Users Rate Political Bias Across 24 Major AI Models
10,000 Users Rate Political Bias Across 24 Major AI Models

Technology & Innovation

Technology & Innovation
OpenAI, NEXTDC Plan 550MW Sovereign AI Campus in Sydney
OpenAI, NEXTDC Plan 550MW Sovereign AI Campus in Sydney
Meta Hires Apple VP Alan Dye as Smart Glasses Shipments Double in 2025
Meta Hires Apple VP Alan Dye as Smart Glasses Shipments Double in 2025
Yann LeCun Ends 12-Year Meta Run to Launch New AI Startup
Yann LeCun Ends 12-Year Meta Run to Launch New AI Startup
Fibocom Launches 8-Core USB AI Dongle for On-Device LLMs on PCs
Fibocom Launches 8-Core USB AI Dongle for On-Device LLMs on PCs
Hong Kong Fire: 128 Dead, 11 Arrested in Tai Po Tower Blaze Inquiry
Hong Kong Fire: 128 Dead, 11 Arrested in Tai Po Tower Blaze Inquiry

Environment & Science

Environment & Science
Hybrid AI Method Samples Rare Heatwaves 30-300x Faster Than Standard Models
Hybrid AI Method Samples Rare Heatwaves 30-300x Faster Than Standard Models
New Artificial Neurons Mimic Biology with 60mV Signals to Cut AI Power
New Artificial Neurons Mimic Biology with 60mV Signals to Cut AI Power
AI Robot Guides Great Barrier Reef Coral Seeding with 77.8% Accuracy
AI Robot Guides Great Barrier Reef Coral Seeding with 77.8% Accuracy
Google Explores Space-Based AI with 81-Satellite Solar Clusters
Google Explores Space-Based AI with 81-Satellite Solar Clusters
New AI Tool Cuts Data Center CO2 by 45% and Extends Server Life by 1.6 Years
New AI Tool Cuts Data Center CO2 by 45% and Extends Server Life by 1.6 Years

Daily AI Headlines

Featured
ChatGPT Adult Mode Arrives 2026: OpenAI’s Plan for Mature Content
From PDF to Whiteboard Style Visuals: What the Tools Can Do Now?
Google Translate Adds Live Headphone Translation Powered by Gemini
Microsoft 365 Copilot Adds GPT-5.2 in Major AI Strategy Update
Why Figma Matters in AI Enabled Product Design
Will Google AI Mode be Influenced by Ads?
NotebookLM vs Gemini 3 Pro for Research: What Is Actually Different?
NAB Blocks AUD 100k Loss in 'Kevin Costner' AI Deepfake Scam
ChatGPT Holds 79.9% of Australia’s Chatbot Market in Nov 2025
Is Copper a Buy? Record $11,952 High & AI Demand Analyzed
OAuth Security Guidance Gets Sharper as AI Assistants Plug into More Services
Adobe Adds Photoshop, Express & Acrobat to ChatGPT
OpenAI Launches GPT-5.2: First Model to Hit 100% on AIME Math
Hybrid AI Method Samples Rare Heatwaves 30-300x Faster Than Standard Models
Australia Enforces Under-16 Social Media Ban as 25% of Teens Use AI Chatbots
New Artificial Neurons Mimic Biology with 60mV Signals to Cut AI Power
Spotify Removes King Gizzard AI Clone Amid 75 Million Track Purge
Study Cites 47.3M Uses of 'Therapy' Chatbot in Call for Medical AI Rules
OpenAI, NEXTDC Plan 550MW Sovereign AI Campus in Sydney
Cypher IQ Launches AI based Scan and Filing Tool Aimed at Managed Print Providers
Google’s AI Strategy: AI Mode vs Gemini in a USD 1.8 Trillion Market
Google NotebookLM Mobile Adds Camera Input & 1M Token Context Support
New AI Spots Drone Parts: Addressing 100+ Monthly Airport Threats
Meta Hires Apple VP Alan Dye as Smart Glasses Shipments Double in 2025
Spotify Partners with Major Labels on ‘Artist-First’ AI for 713M Users
Trinity Poll: 42% of UK Gen Z Fear Social Interaction More Than AI
US & Australia Lead New 25-Page Guide to Secure AI in Critical Infrastructure
AI Robot Guides Great Barrier Reef Coral Seeding with 77.8% Accuracy
Australia’s Under-16 Social Media Ban: AUD 49.5m Fines & 10 Key Apps Listed
AI Adoption Hits 54.6% as Gemini Challenges ChatGPT’s Dominance