The Li Ka Shing Foundation is embracing technology and using Google Cloud AI to facilitate application for Crunch Time Instant Relief Fund for eligible SMEs. The entire application and review process is completed within a matter of days, as all data are processed online automatically.
60% of applications were submitted via a mobile device and it takes just five seconds for Google Cloud Vision AI to process the text in each image. Each application can be submitted within eight minutes and The Foundation was able to process over 43,000 applications within the first 3 weeks, said Lucy Werner, Head of Google Cloud Hong Kong.
Source: https://www.aastocks.com/en/stocks/analysis/stock-aafn-con/00001/NOW.980301/hk-stock-news
