China's AI giant iFLYTEK, subsidiary to set up int'l HQ in Hong Kong

HONG KONG, July 19 (Xinhua) -- China's artificial intelligence (AI) and intelligent speech giant iFLYTEK and its subsidiary iFLYHEALTH will set up their international headquarters in Hong Kong's flagship incubator Cyberport, and help with the formation of a local AI ecosystem.

"iFLYTEK and iFLYHEALTH plan to invest 400 million Hong Kong dollars (51.22 million U.S. dollars) in Hong Kong over the next five years t