HSBC plans to hire more than 100 AI specialists and establish a global AI center
in Singapore later this year. The center will initially focus on autonomous
asset-management solutions and AI-enabled digital payments. New hires will work
with HSBC Chief AI Officer David Rice and teams covering wealth management and
global payment solutions. HSBC says the center will build capabilities in NLP,
data science and AI governance and will collaborate with Singapore education
institutions and government agencies.
