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Ng Teng Fong Charitable Foundation and Sino Group Support Hong Kong’s Innovation and Technology Development

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Donation of HK$200 million to Encourage Local AI Research and Applications

HONG KONG, March 11, 2025 /PRNewswire/ — The Ng Teng Fong Charitable Foundation (NTFCF) and Sino Group are dedicated to nurturing talent and cultivating a vibrant innovation and technology ecosystem in Hong Kong. To further this aim and encourage innovative technological applications, as well as to attract and retain more talent, NTFCF and Sino Group have announced a donation of HK$200 million to support the Hong Kong Generative AI Research and Development Center (HKGAI) under InnoHK Research Clusters initiative (InnoHK). This funding will facilitate the further development of locally created artificial intelligence (AI) tools for industry and public use to enhance daily life. The broader application and development of AI technology will nurture ‘new quality productive forces’ in the long run, reinforcing Hong Kong’s position as a leading international hub for innovation and technology.

InnoHK, spearheaded by the Innovation and Technology Commission, is the flagship innovation and technology initiative of the Hong Kong SAR Government to promote global research collaboration and cultivate talents in Hong Kong. Established in 2023 and with the Hong Kong University of Science and Technology (HKUST) as the lead institution, HKGAI is the only centre under InnoHK specialising in generative AI technology, and recently launched Hong Kong’s first AI large language model, HKGAI V1, which is also the first in the industry to be based on the DeepSeek full-parameter fine-tuning research model.

The donation ceremony was attended by notable guests, including Mr Paul Chan, GBM, GBS, MH, JP, FinaLIncial Secretary of the Hong Kong Special Administrative Region; Professor Sun Dong, JP, Secretary for Innovation, Technology and Industry; Ms Lillian Cheong, JP, Under Secretary for Innovation, Technology and Industry; Mr Ivan Lee, JP, Commissioner for Innovation and Technology; Professor Guo Yike, Provost of the Hong Kong University of Science and Technology and Director of the InnoHK Hong Kong Generative AI Research and Development Center; Mr Daryl Ng, SBS, JP, Director of the Ng Teng Fong Charitable Foundation and Deputy Chairman of Sino Group; Ms Nikki Ng, Director of the Ng Teng Fong Charitable Foundation and Director of Philanthropy of Sino Group; Mr David Ng, Director of the Ng Teng Fong Charitable Foundation and Group Associate Director of Sino Group, among others. They joined to express support and hope for the continued development of AI technology in Hong Kong.

Mr Paul Chan, GBM, GBS, MH, JP, Financial Secretary of the Hong Kong Special Administrative Region expressed his heartfelt gratitude to the Ng Teng Fong Charitable Foundation and Sino Group for their support. He said that currently, AI is undergoing rapid development, which is redefining the core competitiveness of economies and reshaping the medium- to long-term landscape of the global economy. During the third session of the 14th National People’s Congress and the third session of the 14th Chinese People’s Political Consultative Conference National Committee last week, Premier Li Qiang mentioned the need to continue advancing the ‘AI+’ initiative in the Government Work Report, emphasising support for the extensive application of large-scale AI models, as well as the integration of digital technologies with our country’s manufacturing and market strengths. By fostering closer collaboration among the Government and the industry, academia, research and investment sectors, accelerating the development of AI as a core industry of Hong Kong, the city can be developed into an international exchange and co-operation hub for the AI industry.

Professor Harry Shum, BBS, Chairman of the Council of the Hong Kong University of Science and Technology, said, ‘We are immensely grateful to NTFCF and Sino Group for their generous donation to HKGAI. This support will undoubtedly accelerate the development of artificial intelligence in Hong Kong at a faster pace. As the home of HKGAI, we are proud of its achievements and firmly believe that, with the support of the Hong Kong SAR Government and society, HKGAI will continue to contribute positively to the advancement of AI.’

Professor Nancy Ip, SBS, BBS, MH, JP, President of the Hong Kong University of Science and Technology, added, ‘Artificial intelligence is a key focus for our university. We are proud of HKGAI’s milestones and sincerely thank NTFCF and Sino Group for their support. We hope HKGAI can meet the high expectations of the community and continue to achieve breakthroughs. HKUST is committed to providing comprehensive support to advance HKGAI in the field of AI.’

Professor Guo Yike, Provost of the Hong Kong University of Science and Technology and Director of the InnoHK Hong Kong Generative AI Research and Development Center, stated, ‘This generous donation will provide tremendous momentum to our research and development efforts. While expressing our profound gratitude, we are deeply aware of the expectations from Hong Kong society and the responsibilities that lie on our shoulders. Having recently launched our new model HKGAI V1, we are currently fully engaged in developing and optimising this model as well as a series of applications. In particular, we are developing the “HKChat”, a locally developed AI chatbot service to be used by Hong Kong citizens. This donation has provided crucial support for this endeavour. We will strive to ensure our work meets and exceeds the expectations.’

Mr Daryl Ng, SBS, JP, Director of the Ng Teng Fong Charitable Foundation and Deputy Chairman of Sino Group, remarked, ‘The Central Government and the Hong Kong SAR Government are committed to promoting innovation and technology while proactively enhancing strategies for AI advancement. Through collaborative efforts across sectors, the acceleration of “new quality productive forces” that leverage Hong Kong’s competitive edge can be achieved. We are pleased to foster the holistic development of the I&T ecosystem, nurturing talent and promoting the exchange and application of technology, and supporting the government’s goal of attracting and encouraging more international talent to Hong Kong. It is an honour to contribute to this significant milestone for AI development in Hong Kong, facilitating that locally developed AI platforms are accessible to both industry and the public. We are thankful for the opportunity to support the development of a more inclusive AI future that will benefit the lives of the people of Hong Kong.’

Sino Group has long promoted a diverse innovation and technology ecosystem, cultivating an innovative spirit from an early age and fostering a culture of innovation and technology. In 2014, the ‘Go Code’ programme was launched to provide free coding courses and robotics classes to over 6,000 underprivileged primary school students over five years. The annual Hong Kong Science Fair, inaugurated in 2021, has provided a platform for young inventors, and has received over 1,500 projects from primary and secondary school students and attracted nearly 70,000 attendees to date.

In addition, the Sino Inno Lab was established in 2018, to serve as a collaborative sandbox for start-ups, inventors, and technology companies from Hong Kong, Mainland China and overseas. This platform showcases proof-of-concept developments and fosters the co-creation of innovative solutions. Last year, Sino Inno Lab relocated to a strategic site in the Northern Metropolis, alongside the establishment of The Spark, which provides an open exchange platform and shared workspace for I&T talents. This initiative enhances collaboration between start-ups and technology companies, solidifying Hong Kong’s role as a vital link between the Guangdong-Hong Kong-Macao Greater Bay Area, Mainland China and the global market, and thereby opening broader development opportunities for the local innovation and technology sector.

About Sino Group

Established in 1971, Sino Group comprises three listed companies – Sino Land Company Limited (HKSE: 083), Tsim Sha Tsui Properties Limited (HKSE: 0247), Sino Hotels (Holdings) Limited (HKSE: 1221) – and private companies held by the Ng Family.

As one of Hong Kong’s leading property developers with core businesses in property development and investment, Sino Group has grown with the communities it serves. The Group’s business interests comprise a diversified portfolio of residential, office, industrial, retail and hospitality properties across Hong Kong, mainland China, Singapore and Australia, and has developed over 250 projects, spanning more than 130 million square feet. Core business assets are further complemented by property management services, hotel investment and management, including The Fullerton Hotels & Resorts and other affiliate brands.

With over 11,000 committed staff members, the Group strives to fulfil its vision of Creating Better Lifescapes with a focus on three interconnected pillars – Green Living, Community Spirit and Innovative Design – shaping the cities we call home where people live, work and play. Sustainability is central to what we do as we seek to create value for stakeholders and make business a driver of sustainability for a better future.

www.sino.com

About Ng Teng Fong Charitable Foundation

The Ng Teng Fong Charitable Foundation was established in 2010 in memory of the late founder of the Sino Group, Mr Ng Teng Fong. The Foundation steadfastly advocates education, youth development and community services. In the past years, the Ng Teng Fong Charitable Foundation has supported over 300 local NGOs and community partners. In addition to supporting good causes such as the Hong Kong Arts Festival, the National Gallery of Singapore as well as restoration of the Great Wall and Yanxi Gong, the Foundation provides financial assistance for students from less-resourced families in Hong Kong and mainland China through the Ng Teng Fong Scholarships. It also supports scholastic initiatives of Peking University, Tsinghua University and Zhejiang University in mainland China as well as the National University of Singapore, Singapore University of Technology and Design and Nanyang Technological University in Singapore.

www.ntfcf.org.hk

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SOURCE Sino Group

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Hilco Global Engaged by Stan Lee Holdings to Sell Rare & Valuable Intellectual Property Portfolio

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NEW YORK, July 24, 2026 /PRNewswire/ — Hilco Global, a diversified financial services company that delivers expert professional services and capital solutions to help clients maximize value and drive performance across the business lifecycle, is pleased to announce that its IP Services practice has been engaged by Stan Lee Holdings, Ltd. (“SLH”) to sell a legendary portfolio of intellectual property developed by Stan Lee, the iconic “father of the super hero.” Known as the Omniverse Collection created by Stan Lee, the portfolio represents a treasure trove of original characters and source material developed by Stan when he was leading Marvel Comics and when he built Stan Lee Entertainment – the first super hero animation studio created for the Internet age. This rare and valuable collection of Intellectual Property encompasses dozens of compelling super heroes and stories conceived by Stan from 1999 to 2001 as well as a franchise comprising over 50 well-known characters – the only franchise of Marvel-created characters not owned by Marvel. Full details of the collection, including the individual characters, franchises, and story properties it comprises, will be released in the coming weeks.

Through this collaboration, Hilco Global will work alongside SLH and former EVP of Marvel Entertainment Shirrel Rhoades to find a new home for a body of largely underleveraged super hero and other characters, as well as world-building intellectual property. Numerous supporting  scripts, episodes, and development materials spanning Stan Lee’s career are also part of the offering.

“The Omniverse Collection created by Stan Lee is one of the most significant super hero IP offerings of the decade,” said Eric Hurwitz, Senior Director of the Hilco Global IP Services practice. “This large, diverse portfolio presents the opportunity to capitalize on untapped material with an unmatched pedigree. A buyer essentially has a blank slate to bring these characters to fans worldwide and expand on Stan Lee’s legacy. Hilco Global is thrilled to bring these assets to market, leveraging deep experience across intellectual property and media valuation, licensing, and transaction execution.”

Among the intellectual property being offered is a hidden gem; a connected entertainment universe of Stan Lee’s own creation. “This one-of-a-kind IP collection illustrates just how far ahead Stan was in understanding the future of entertainment,” observed Shirrel Rhoades, who was handpicked by Stan Lee to succeed him as publisher of Marvel. “What we’re bringing to market isn’t a collection of isolated ideas. It’s pieces of one larger vision, a living digital universe in which characters can be created, experienced, and expanded across every form of media.”

Parties can reach out to Ehurwitz@hilcoglobal.com to register interest. More information about the offering, the individual properties within the collection, and the sale process will become available soon.

About Hilco Global:  Hilco Global, a subsidiary of ORIX Corporation USA, is a diversified financial services company that delivers integrated professional services and capital solutions that help clients maximize value and drive performance across the retail, commercial and industrial, real estate, manufacturing, and intellectual property sectors. Hilco Global provides a range of customized solutions to healthy, stressed, and distressed companies to resolve complex situations and enhance long-term enterprise value. Hilco Global works to deliver the best possible result by aligning interests with clients and providing strategic advice and, in many instances, the capital required to transact. Hilco Global is based in Northbrook, Illinois and has more than 810 professionals operating on four continents. Visit www.hilcoglobal.com

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SOURCE Hilco Trading, LLC

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GR0 to Acquire Ultimate AI’s Deployment Division and Launch GR0 AI, Turning Brands’ Existing Customer Data Into Revenue

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The new company pairs GR0’s performance marketing distribution with Ultimate Deployment’s AI agents and customer intelligence to build AI revenue systems for DTC and ecommerce brands; in one early deployment, AI-led customer conversations were associated with more than $350,000 in sales.

LOS ANGELES, July 24, 2026 /PRNewswire/ — GR0, the Los Angeles-based digital marketing agency, today announced plans to acquire Ultimate Deployment and launch GR0 AI, a new company that builds and deploys AI revenue systems for direct-to-consumer (DTC) and ecommerce brands. GR0 AI combines GR0’s performance marketing expertise, client relationships and sales infrastructure with Ultimate Deployment’s technology and experience deploying AI agents inside operating businesses.

“AI is creating an entirely new performance channel for brands,” said Jon Zacharias, co-founder and president of GR0. “Most companies already have the traffic, customer data and demand. What they’re missing is an intelligent system that knows who to contact, what to say and when to say it. GR0 AI turns the customer signals brands already own into personalized conversations and measurable revenue.”

The approach is already producing results. In one early deployment, AI-led customer conversations were associated with more than $350,000 in sales during a period in which the brand generated approximately $1 million in total revenue. GR0 AI deployments include attribution and incrementality reporting so brands can measure both assisted and directly generated revenue.

GR0 AI deploys inside a brand’s existing commerce, CRM, email, SMS, phone and customer-data infrastructure. Its systems:

Identify and prioritize high-intent customers and prospects Personalize outreach and follow-up based on customer behavior and company data Conduct two-way conversations across messaging channels, recovering revenue from abandoned carts, dormant customers and unconverted leads Escalate complex or high-value opportunities to human sales and support teams Measure the revenue associated with AI-driven interactions

“Most brands do not have a demand problem.  They already have thousands of customers and prospects sitting inside their systems,” said Ben Ganz, founder of Ultimate Deployment. “We build the company brain, unify the data and deploy AI employees that act on that intelligence. The opportunity falls into two buckets: recover the demand a brand has already earned, and make sure no new opportunity slips through the cracks. GR0 gives us the distribution, market access and operating experience to bring this to hundreds of brands.”

Ganz has spent his career at the intersection of entertainment and technology. He began as a producer on American Idol before moving into digital leadership at Fox, then founded VEGO Pictures, a digital production and technology company that worked with major entertainment and consumer brands and served as in-house production partner to Kevin Hart’s Laugh Out Loud Network. He also co-founded a virtual events company that produced digital graduation experiences for hundreds of thousands of students during the COVID-19 pandemic.

From there, Ganz and his team moved to the frontier of consumer AI, creating what FOX News called Hollywood’s first AI interactive voice experience. They powered AI personalities for creators with a combined audience of 100 million followers and engineered the world’s first AI assembly line for replicating personalities at scale, work the Hollywood Reporter recognized as the “Real-life Her.”  Ultimate Deployment then turned that conversational AI expertise toward the enterprise, building systems that connect company knowledge, customer data, and operational software with AI agents capable of performing real, meaningful business work.

“Ben and his team have built something with the potential to become a major new revenue channel for ecommerce companies,” Zacharias said. “We have seen very few offerings create this level of excitement among sophisticated performance marketers.”

Every GR0 AI engagement begins with an intensive discovery and implementation process: the team interviews key employees, maps the company’s systems and builds a centralized intelligence layer around the business. Lead scoring and prioritization are connected to the brand’s CRM before customer-facing AI agents go live.

“The technical opportunity is clear, and our job is to make it just as clear commercially,” said Kevin Miller, founder and CEO of GR0. “A brand that works with GR0 AI will know exactly what is being installed, how quickly it goes live and what revenue it is producing.”

The acquisition is expected to close this quarter, subject to completion of definitive agreements. Financial terms were not disclosed.

Brands interested in early GR0 AI deployments can learn more at www.gr0.com.

About GR0

GR0 is a full-service digital marketing agency that helps DTC and ecommerce brands accelerate growth through data-driven performance marketing, creative strategy and emerging technology. Co-founded by Kevin Miller and Jon Zacharias, GR0 provides services across SEO, Generative Engine Optimization, paid media, email, SMS, creative, affiliate and marketplace growth, and was among the first agencies to build a dedicated GEO practice, which is recognized by VentureBeat as one of America’s premier Generative Engine Optimization agencies. GR0 is headquartered in Los Angeles. Learn more at GR0.com.

About Ultimate Deployment

Ultimate Deployment builds AI employees for growing companies. Founded by Ben Ganz, the company captures how a business operates, organizes its institutional knowledge, connects its systems and deploys AI agents that perform real operational work across sales, customer experience, marketing, finance and internal teams.

Before its enterprise focus, Ultimate Deployment’s team built consumer AI at entertainment scale, creating Hollywood’s first interactive voice experience, powering AI personalities for creators with a combined audience of 100 million followers and engineering the world’s first AI assembly line for replicating personalities’ work featured by Fox News and recognized by The Hollywood Reporter as the real-life Her.

About Ultimate AI

Ultimate AI, founded by Ben Ganz, is a holding company building AI across consumer and enterprise. It launched during the first wave of consumer generative AI as an early AI super app, bringing more than 100 AI tools and assistants into a single consumer platform that peaked within the top 10 of its Apple App Store category, according to company data. The company then expanded into creator AI, developing technology that lets public figures build interactive AI experiences around their personality, voice, knowledge and content. In 2024, Ultimate AI created Pookie Tools (widely known as the Hawk Tuah AI app), whose launch generated more than 400 million organic social media views and more than 10,000 downloads in its first seven days with no paid marketing, according to company data. It went on to develop real-time voice and personality products, including an experience Fox News described as Hollywood’s first real-time AI experience.

Ultimate Deployment, the enterprise arm that GR0 is acquiring, formed in March 2026 following the release of frontier agentic models from Anthropic and OpenAI, and applies that technology inside operating companies. It builds AI employees that capture how a business operates, unify its data and systems, and perform real operational work across sales, customer experience, marketing, finance and internal teams.

Company: GR0
Media Contact Name: GR0 Agency
Media Contact Email: press@gr0.com
Phone: +1 (310) 439-1887
Address: Los Angeles, CA, USA
Website: https://gr0.com/

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SOURCE GR0.com LLC

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Tech Mahindra and Cisco Partner to Bring AI-Driven Security Service Edge to Global Enterprises

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PUNE, India, July 24, 2026 /PRNewswire/ — Tech Mahindra (NSE: TECHM), a leading global provider of technology consulting and digital solutions to enterprises across industries, announced a partnership with Cisco to deliver an AI-driven Security Service Edge (SSE) offering for global enterprises. The joint offering will help enterprises reduce security complexity, improve visibility and control, deliver seamless user access, and strengthen resilience as they scale cloud, hybrid work, and AI adoption.

The partnership combines Tech Mahindra’s global managed services, integration, and delivery expertise with Cisco’s industry-leading Security Service Edge (SSE) platform (Cisco Secure Access) to provide unified, cloud-native security and seamless zero-trust access across users, devices, networks, and locations. For Tech Mahindra, the partnership strengthens its cybersecurity portfolio with differentiated, high-value managed security services, expands its addressable market, and accelerates pipeline growth in cloud security.

Saket Singh, SVP & Business Head – Digital Core Services (Cloud, Infrastructure, Network and Cyber Security Services), Tech Mahindra, said, “As enterprises increasingly operate in hybrid and distributed environments, security must evolve from siloed controls to unified, cloud-native platforms. Fragmented tools, inconsistent user experiences, and rising threats are creating visibility and control gaps as applications are accessed from anywhere. Through our partnership with Cisco, we are combining advanced SSE capabilities with Tech Mahindra’s managed services expertise to simplify operations, strengthen zero-trust enforcement, and deliver consistent, AI-powered protection at scale.”

By integrating a secure web gateway, cloud access security broker (CASB), zero trust network access (ZTNA), firewall-as-a-service, data loss prevention (DLP), and much more into a single platform, the offering simplifies security operations and delivers AI-powered protection. Enterprises benefit from end-to-end visibility, faster deployment, and a streamlined path to modernizing their security architecture while accelerating secure cloud adoption and cyber resilience. Additionally, as enterprises inevitably step into the agentic era, this solution provides robust and rapidly expanding protections for the use of generative AI and AI agents.

Raj Chopra, SVP & Chief Product Officer, Cisco Security Business Group, said, “Enterprises don’t need another tool to stitch into an already complex security stack. They need a simpler way to secure how work actually happens across users, devices, applications, clouds, and increasingly AI agents. Cisco Secure Access brings zero trust, identity context, and AI-powered protection into one cloud-delivered platform, helping teams enforce policy consistently while giving users seamless access from anywhere. Together with Tech Mahindra’s global managed services and integration expertise, we can help organizations modernize security operations, accelerate secure cloud and AI adoption, and move with confidence in the agentic era.”

The integrated SSE solution reinforces Tech Mahindra and Cisco’s leadership in unified cloud-security, helping enterprises simplify secure access, strengthen resilience and accelerate digital transformation in an increasingly distributed and AI-driven world.

 

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SOURCE Tech Mahindra

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