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"For a company, if a machine stops, even for a minute, the cost is incalculable, not to mention long-term downtime. Thus, data protection and recovery is of great necessity for companies," Shi said.

"GIFT IFSC provides a huge competitive advantage in terms of tax structure and supportive regulatory framework, which is comparable with other global financial centers," he said, adding that other advantages include the waiver of taxes such as the security transaction, commodity transaction, dividend distribution and capital gains taxes, as well as the goods and services tax.

"For the purpose of better city management, there's plenty of space for different companies to leverage and deploy their AI capabilities. Every player is just taking a tiny slice of the pie," he told China Daily on Friday.

"Genomics has the potential to transform healthcare, predicting how well a person will respond to a treatment or finding one that will work best for them," Caulfield said.

"For an acute health problem, such as neck or waist pains, results usually appear after just one or two treatments. For chronic issues like insomnia and period cramps, patients will need to receive treatment for at least three months or longer before they feel the difference," he says.