The acquisition of PARK AURA in Tin Hau aims to create an innovative space focused on AI and Web3. The deal, costing approximately 650 million HKD (84 million USD), emphasizes a growing trend among Chinese tech entrepreneurs to invest in physical hubs for technological advancement.
PARK AURA will include an AI-themed café, co-working areas, and dedicated studios to foster local entrepreneurial talent. This investment aligns with Hong Kong’s status as the second-most crypto-friendly city, attracting further technological investments.
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