Ant Group and Hong Kong Polytechnic University Launch AI and Web3 Lab

According to Foresight News, Ant Group has announced a strategic partnership with Hong Kong Polytechnic University to establish the 'PolyU-Ant Group AI+Web3 Joint Lab.' This initiative aims to explore the integration of artificial intelligence and Web3 technologies, focusing on breakthroughs in cutting-edge technology, innovation ecosystem incubation, and the development of technological capabilities. Ant Group plans to invest up to HKD 100 million over the next three years to support research and project incubation at the joint lab. Previously, Ant Group set up its overseas headquarters in Hong Kong and has been exporting four core technologies to the region, contributing to Hong Kong's development as a global digital asset innovation hub.