Hong Kong wealth fund backs surgical robotics start-up to boost biotech drive

South China Morning Post - Nov 10, 2025

Hong Kong Investment Corp (HKIC), the government’s investment arm, has joined other investors in committing US$200 million to the latest round of fundraising for surgical robot start-up Cornerstone Robotics, marking another milestone in the city’s push to develop its innovative industries, including biotechnology. “As a technology start-up based in the Greater Bay Area, Cornerstone Robotics has secured funding and support from HKIC,” the company said in a statement on Monday. “This is not just...

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Long before artificial intelligence became the next big thing in the tech industry, Wang Jian was crafting the foundational infrastructure that would eventually power it. In 2008, he joined Alibaba Group Holding – owner of the South China Morning Post – as chief architect and founded Alibaba Cloud in 2009, convincing the company’s leadership to invest heavily in building a cloud computing infrastructure from scratch. Today, Wang’s purview has expanded considerably. As an academician at the...

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Nvidia’s Jensen Huang brings ‘sovereign AI’ push to Kazakhstan, shrugs off bubble fears

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