Media OutReach
HKSTP Led Delegation of Innovators to Unlock Hong Kong-Italy Innovation Potential at Think Business Think Hong Kong in Milan
Trailblazed Hong Kong-EU opportunities across AI, life and health, and smart city technologies
HONG KONG SAR – Media OutReach Newswire – 8 December 2025 – Hong Kong Science and Technology Parks Corporation (HKSTP) showcased a dynamic presence at the “Think Business, Think Hong Kong” (TBTHK) symposium organised by the Hong Kong Trade Development Council (HKTDC) held in Milan on 27 November 2025, spotlighting Hong Kong’s strategic role as a global innovation and technology hub, and vital superconnector between China and Europe. HKSTP participated in the “Innovation and Technology” thematic session, leading a delegation of nine high-potential tech ventures exploring collaboration and market expansion opportunities in Italy and across the European Union.
Italy is a strong representative of Europe’s innovation ecosystem and is rapidly accelerating digital transformation efforts, with the market projected to reach US$166B by 2030. Fast-growing, innovative sectors like AI are of central focus, with Italy recently becoming the first EU country to approve a comprehensive law regulating the use of AI — representing both an increase in adoption and governmental focus. Digital health is another sector with high growth potential in the region, as the market is expected to hit US$39.7B by 2032.
With the aim of strengthening bilateral trade and investment ties between Hong Kong and Italy, the event convened over 1,000 participants. These included government officials, business leaders, investors, and innovators across the regions. HKSTP seeks to empower tech ventures to scale globally, focusing on sectors with active investment from Italy and the EU, such as AI, robotics, life and health technologies, creative technologies and smart city solutions.
TBTHK Milan provided the perfect platform for HKSTP delegation to showcase their innovative solutions to the Italian market:
- Nuvatech Limited – Developed the world’s first AI-powered virtual fitting room.
- Westwell Holdings (Hong Kong) Limited – Innovative AI logistics company expanding EU via Italy and Germany
- Robocore Technology Limited – Leading developer of applications for robotic platforms, recently closed a series D funding round for global expansion of its telemedicine robotics to EU.
Other Park companies in attendance were Pantheon Lab Limited, i2Cool Limited, Blue Pin Limited, HairCosys Limited, Vidi Labs Limited, and Insilico Medicine.
Hong Kong: A Strategic Gateway for EU-Asia Innovation
Terry Wong, CEO, HKSTP said: “As a superconnector, HKSTP facilitates cross-border collaboration, technology and talent exchange, plus capital flow between Hong Kong, China, and rising global innovation powers like Italy and the EU. By bringing some of our high‑potential park companies to the TBTHK symposium, HKSTP connects Milan’s design and manufacturing strengths with the GBA’s world-class innovation, manufacturing and huge growth market opportunities.”
Hong Kong’s strategic location and robust innovation ecosystem make it an ideal launchpad for European companies seeking access to the Greater Bay Area (GBA) and broader Asian markets. The EU is Hong Kong’s fourth-largest trading partner and represents the largest foreign business community in Hong Kong.
Innovating Together for a Collaborative Future
HKSTP’s ecosystem today is home over 2,400 tech companies from 27 countries, including 12 unicorns, and maintains partnerships with over 500 public and private market-leading organisations worldwide.
During the event, park company representatives joined the I&T and creative thematic panel sessions, highlighting Hong Kong’s pivotal role as a global superconnector, as well as its inclusive culture and positioning as the ideal Asian hub for international creative and innovation partnerships.
HKSTP also hosted a branded pavilion to showcase its tech ventures, engage in one-on-one business matching, and participate in strategic meetings with Italian corporates, venture capital firms, and government agencies including Intesa Sanpaolo S.p.A., Italian Trade Agency, MIND Milano Innovation District.
Hashtag: #HKSTP
The issuer is solely responsible for the content of this announcement.
About Hong Kong Science and Technology Parks Corporation
Hong Kong Science and Technology Parks Corporation (HKSTP) was established in 2001 to create a thriving I&T ecosystem grooming 12 unicorns, more than 16,000 research professionals and over 2,400 technology companies from 27 countries and regions focused on developing healthtech, AI and robotics, fintech and smart city technologies, etc.
Our growing innovation ecosystem offers comprehensive support to attract and nurture talent, accelerate and commercialise innovation for technology ventures, with the I&T journey built around our key locations of Hong Kong Science Park in Pak Shek Kok, InnoCentre in Kowloon Tong and three modern InnoParks in Tai Po, Tseung Kwan O and Yuen Long realising a vision of new industrialisation for Hong Kong, where sectors including advanced manufacturing, micro-electronics and biotechnology are being reimagined.
Hong Kong Science Park Shenzhen Branch in Futian, Shenzhen plays positive roles in connecting the world and the mainland with our proximity, strengthening cross-border exchange to bring advantages in attracting global talent and allowing possibilities for the development of technology companies in seven key areas: Medtech, big data and AI, robotics, new materials, microelectronics, fintech and sustainability, with both dry and wet laboratories, co-working space, conference and exhibition facilities, and more.
Through our R&D infrastructure, startup support and enterprise services, commercialisation and investment expertise, partnership networks and talent traction, HKSTP continues to contribute in establishing I&T as a pillar of growth for Hong Kong.
More information about HKSTP is available at
www.hkstp.org.
Media OutReach
OOm Institute Calls for AI Fluency to Close Human Critical Thinking Gap
The rapid adoption of AI tools without sufficient verification, contextual understanding, or critical oversight is contributing to a growing “Human Critical Thinking Gap”.
Recent research from Professors Rick Dakan and Joseph Feller also corroborates this; only 8.7% of participants consistently verified high-stakes AI-generated claims before accepting them.
Beyond the Prompt: The Human-Centric Shift
While prompt engineering remains a foundational skill for today’s workforce, OOm Institute suggests the discipline must evolve beyond simple input mechanics.
“We are entering a false competence trap,” says Ian Cheow, CEO at OOm Institute. “People are learning how to prompt, but they aren’t learning how to make the right decisions. If you cannot spot when an AI’s logic fails, you aren’t using a tool, you are delegating your intelligence.”
The Warning: If You Let AI Think for You, You “De-skill”
Professionals who rely heavily on AI without developing critical evaluation skills risk “de-skilling”, where domain expertise erodes over time due to over-dependence on automated systems.
The concept of AI Fluency is built around three core capabilities:
- Decision to Correct: The ability to determine when AI-generated output is sufficient and when it poses a risk that requires human revision or rejection.
- Contextual Sovereignty: Ensuring human oversight remains central so AI outputs align with Singapore’s cultural, commercial, and ethical contexts.
- Critical Inquiry: Moving beyond prompting to actively question assumptions, logic, accuracy, and completeness in AI-generated responses.
Real-World Practice vs Theory
As AI tools evolve rapidly, practitioners argue that effective AI capability cannot rely solely on static classroom theory. Real-world usage often involves changing workflows, unpredictable outputs, and context-specific decision-making that require continuous practical application and human judgment.
Maintaining AI fluency increasingly requires learning from practitioners actively applying these tools in commercial environments.
“At OOm Institute, our focus is on building practical decision-making in AI usage,” Mr Cheow added. “Our goal is to help professionals use AI with stronger critical thinking, clearer accountability, and practical business understanding.”
Hashtag: #aicourse #wsqaicourse #aisingapore #aifluency #aiskills
https://www.oom.com.sg/institute/
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The issuer is solely responsible for the content of this announcement.
OOm Institute
Media OutReach
Suanova, a Subsidiary of Yeebo, Signs Comprehensive Strategic Cooperation Agreement with InfiX.ai
Advancing Deployment of Training and Inference Integrated AI Platforms in Healthcare Applications, Powered by Domestic High-Density Computing Infrastructure
HONG KONG SAR – Media OutReach Newswire – 10 June 2026 – Yeebo (International Holdings) Limited (“Yeebo”; Stock Code: 00259.HK, together with its subsidiaries, the “Group”) is pleased to announce that its wholly-owned subsidiary, Suanova Technology Limited (“Suanova”), has entered into a comprehensive strategic cooperation agreement with InfiX.ai, a global leader in enterprise-grade generative AI (GenAI) infrastructure solutions. Leveraging Suanova’s Shanghai Cube, a domestically developed high-density computing infrastructure, the two parties will jointly advance the deployment of training and inference integrated AI platforms with continuous self-learning capabilities in healthcare applicatoins. As part of this collaboration, Suanova will contribute its expertise in domestic computing infrastructure by providing the core computing power and foundational support.
With healthcare as the initial focus, the two parties have already collaborated with leading medical institutions to conduct clinical validation in areas such as cancer GenAI, foundational medical Large Language Models (LLMs) and personalized cancer treatment planning.
Building Integrated Infrastructure for Medical AI with Shanghai Cube as the Foundation
The training and inference integrated AI platforms deployed under this collaboration are powered by Shanghai Cube, combined with InfiX.ai’s training, inference and multimodal AI capabilities. This integration delivers a truly unified hardware-software infrastructure tailored for medical AI applications.
Shanghai Cube, developed with the participation of Suanova, was among the earliest of its kind in China and is currently the highest-density domestically developed GPU supernode product. It adopts a high-density deployment architecture featuring 128 GPUs per rack with liquid cooling, enabling compact and efficient deployment of large-scale computing clusters. Shanghai Cube integrates a range of domestically produced core components, including liquid-cooling systems, high-performance parallel storage systems, retimers and motherboard capacitors. It provides a one-stop, highly efficient solution for the large-scale deployment of domestic computing systems and models.
Partnering with InfiX.ai to Build Enterprise-Grade AI Infrastructure
InfiX.ai is a research-driven AI infrastructure company serving global markets, with capabilities spanning IaaS, PaaS and MaaS. The company is building a Decentralized Co-GenAI Network that connects computing power, models, platforms and intelligent applications, with the aim of helping enterprises and organizations train, deploy and own their domain-specific AI based on proprietary data, expertise and business workflows.
InfiX.ai brings together world-class talent in AI research and industry deployment. The company is led by its Founder and Chief Scientist, Prof. Hongxia Yang, with Co-Founder and Vice President Haiqing Chen and Chief AI Architect Jianmin Wu forming the core management and technology team. Prof. Yang is also a Chair Professor at The Hong Kong Polytechnic University and is a globally recognized leader in artificial intelligence, with extensive experience spanning both academia and industry. She previously served as Head of LLMs in the at ByteDance (U.S.), AI Scientist and Director at Alibaba Group, Chief Data Scientist at Yahoo!, and Research Staff Member at IBM T.J. Watson Research Center. Prof. Yang has published more than 150 papers and holds over 50 patents. She has also received numerous international honors, including the WAIC SAIL Award, the National Scientific and Technological Progress Award, and recognition as one of the AI 2000 Most Influential Scholars worldwide.
By integrating InfiX.ai’s training and inference algorithms with Suanova’s high-performance computing platform, the solution significantly reduces memory usage and computing resource requirements. This enables higher throughput and supports training and deployment of larger-scale models under equivalent hardware configurations. The system is also capable of continuously capturing data for incremental training, integrating user feedback for fine-tuning and reinforcement learning, thereby ensuring that model performance evolves alongside changing business needs. Furthermore, the infrastructure supports local execution of the entire AI workflow – from training and fine-tuning to inference – thereby ensuring data security by design and meeting the stringent security requirements of sectors such as healthcare, finance, and government.
Mr. Daliang Chen, CEO of Suanova, said: “This partnership with InfiX.ai represents an important milestone in Suanova’s expansion into medical AI. Leveraging the Shanghai Cube high-density domestic computing platform, we aim to accelerate the adoption of medical AI in real-world clinical settings. This collaboration not only brings together the complementary strengths of both companies from a technological perspective, but also serves as a key step in advancing the domestic computing ecosystem. Looking ahead, we will continue to work closely with our partners to drive the deep integration of artificial intelligence across diverse industries.”
Hashtag: #Yeebo
The issuer is solely responsible for the content of this announcement.
About Yeebo (International Holdings) Limited
Founded in 1988, Yeebo (International Holdings) Limited is a diversified electronic component company with a well-established presence in the global market. The Company’s core business spans flat panel displays, computing power and capacitors, serving a broad spectrum of industrial and consumer applications. Headquartered in Hong Kong, Yeebo operates its manufacturing operations primarily in the Guangdong and Jiangsu provinces, supporting a global sales network that ensures localized service and support for its international clientele.
In alignment with its long-term strategic vision, Yeebo is leveraging its robust operational foundation to expand into the Artificial Intelligence (“AI”) compute and related sectors. This initiative reflects the Company’s commitment to innovation and technological advancement, with the objective of positioning Yeebo as a leading and influential participant in the rapidly evolving AI industry across mainland China and Hong Kong.
About Suanova Technology Limited
Suanova, under Yeebo, is an innovative technology company focused on delivering independent, efficient, and accessible domestic AI computing services. Its business spans three core areas: computing power and cloud operations, computing technology development and computing industry investment. With branches in Hong Kong and Shanghai, it provides customers with better localized services. It is committed to transforming complex AI infrastructure into simple, efficient, and cost‑effective services through continuous technological innovation, with the goal of becoming a leading “infrastructure operator” in the AI era.
Media OutReach
KAST chooses Elliptic digital asset decisioning for global AML and sanctions compliance
KAST has used Elliptic’s solutions since 2024 to screen wallets and monitor crypto transactions for indicators of financial crime as customers fund and use their KAST accounts. By integrating Elliptic’s blockchain intelligence into its risk and compliance stack, KAST has been able to identify high-risk activity in real-time, reduce exposure to sanctioned or illicit wallets and demonstrate robust controls to regulators and partners.
Founded in July 2024 by former Circle executive Raagulan Pathy, KAST provides USD-denominated accounts, global pay-ins and payouts to more than 170 countries, and a growing suite of consumer and business financial tools built on stablecoin rails rather than legacy settlement networks. With KAST, people can hold, send, and spend instantly while transacting with merchants and ATMs around the world.
Since launch, KAST has scaled to more than one million users and is processing about $5 billion in annualized transaction volume, reflecting the growing adoption of stablecoin-based financial services beyond trading and crypto-native use cases. In March, KAST announced a record $80 million Series A funding round, which is being deployed to expand across North America, Latin America and the Middle East. Elliptic’s analytics help KAST manage risk, applying a consistent, data-driven approach to AML and sanctions screening as the platform scales into new markets.
“Every time customers tap their card, send or receive transactions, they need to trust it’s safe,” said Pathy, Founder & CEO at KAST. “Our users rely on us for institution-grade security everywhere in the world. Elliptic is a key part of that promise. Their blockchain intelligence helps us detect fraud patterns, sanctioned activity and other red flags behind the scenes so that our customers feel safe and secure.”
“As stablecoin financial platforms like KAST reach more users, regulators and partners expect the same standard of financial crime controls that apply in traditional finance,” said James Smith, Co-Founder and Chief Strategy Officer at Elliptic. “KAST has been building with compliance in mind from day one. Through this partnership, we are helping to ensure the platform can scale while meeting regulatory expectations for AML and sanctions risk.”
Elliptic’s analytics now underpin KAST’s financial crime controls. Working alongside the platform’s identity, fraud and transaction monitoring solutions, Elliptic supports a consistent, risk-based approach to onboarding, funding and card usage as the platform scales.
Hashtag: #Elliptic
The issuer is solely responsible for the content of this announcement.
About Elliptic
Our platform’s unrivalled uptime, scalability, depth and breadth of our data and intelligence means exacting organizations choose Elliptic for their compliance, risk management, intelligence operations and blockchain infrastructure needs.
Founded in 2013, Elliptic is headquartered in London with offices in New York, Washington D.C., Miami, Dubai, Hong Kong, Singapore and Tokyo. To learn more, visit www.elliptic.co and follow us on
LinkedIn and
X.
About KAST
KAST is a stablecoin-powered financial platform that connects digital assets with traditional finance, enabling 1 million+ people to send, receive and convert funds across borders, currencies and payment rails through a single app. The company focuses on helping individuals and businesses earn globally and spend locally by combining instant peer-to-peer transfers with compliant access to local bank payouts in supported markets. Visit www.kast.xyz.
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