Alpha Technology Group Partners with HKUST to Launch AlphaMind Lab

On March 27, 2025, Alpha Technology Group Limited (Nasdaq: ATGL) and the Hong Kong University of Science and Technology (HKUST) announced the creation of the "AlphaMind Lab." This AI research institute will focus on developing the "Alpha Engine," a technology aimed at reducing dependency on large data sets and manual annotation. Supported by ATGL’s donation, the collaboration underscores the synergy between local tech firms and academia in AI innovation.

The signing ceremony featured notable figures like Professor Yang Wang from HKUST and ATGL's Executive Director, Anthony Tsang. Professor Wang highlighted the potential of the Alpha Engine to address AI's data and computing power challenges, with HKUST's expertise complementing ATGL's industrial insights.

The Alpha Engine aims to cut AI model development time significantly, potentially shifting it from months to mere hours. This innovation could empower small to medium-sized enterprises by minimizing reliance on large-scale data. ATGL plans to create a fund to support AI research collaborations, including educational initiatives in Hong Kong.