HSBC plans to hire more than 100 AI specialists and establish a global AI centre in Singapore later this year. The centre 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 centre will build capabilities in NLP, data science and AI governance and will collaborate with Singapore education institutions and government

HSBC plans to hire more than 100 AI specialists and establish a global AI centre in Singapore later this year. The centre 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 centre will build capabilities in NLP, data science and AI governance and will collaborate with Singapore education institutions and government agencies.