Hong Kong Monetary Authority announces list of participants for the second phase of GenA.I. Sandbox
Jinse Finance reported that the Hong Kong Monetary Authority and Hong Kong Cyberport Management Company Limited have announced the list of participants for the second phase of the Generative Artificial Intelligence (GenA.I.) Sandbox. Out of more than 60 proposed projects, 27 use cases from 20 banks and 14 technology partners have been invited to join the second phase of the GenA.I. Sandbox. The second phase of the sandbox program focuses on actively strengthening A.I. governance, with several use cases adopting an "A.I. vs. A.I." strategy. For example, A.I. is used to automatically conduct quality checks on content generated by A.I., thereby improving system accuracy and consistency on a larger scale. Sandbox participants will gradually begin to access the dedicated platform at the Cyberport Artificial Intelligence Supercomputing Center later this year, with technical testing expected to begin in early 2026.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
BoE’s Greene says it is appropriate to proactively tighten our monetary policy stance

CoreWeave plans to issue at least $4 billion in investment-grade loans, falling nearly 6% after hours
According to Bloomberg, CoreWeave is seeking to refinance at least 4 billion USD through an investment-grade loan, led by Morgan Stanley and Mitsubishi UFJ, with a syndication roadshow expected to start as soon as next week. This financing continues the structure of using Nvidia chips and customer contracts as collateral, with the yield on the issuance anticipated to be around 7% to 7.5%, much lower than its junk bond yield. Following the news, CoreWeave's shares fell nearly 5.8% after hours.

Outperformed the S&P by 19.2 percentage points in one month: Berkshire (BRK.B) achieves its highest monthly relative advantage since 2010, second only to the 2008 financial crisis
As the AI trading boom subsides and technology stocks waver, one of the market’s oldest “safe havens” has once again proven its value. Berkshire Hathaway (BRK.B) has just recorded one of its most notable relative gains in over a decade.
Hyperliquid's annualized priority fee revenue reaches $108 million

