The Hong Kong Monetary Authority and Cyberport launch the second phase of the GenA.I. Sandbox Program to accelerate innovation in artificial intelligence within the financial industry.

Zhitong Finance APP learned that the Hong Kong Monetary Authority and Hong Kong Cyberport Management Limited (Cyberport) announced today (April 28) the launch of the second phase of the Generative Artificial Intelligence (GenA.I.) Sandbox Program. This program aims to provide banks with a risk-controlled environment to support the development and testing of innovative solutions using artificial intelligence (A.I.), further promoting the adoption of A.I. technology in the financial industry.