The World Artificial Intelligence Conference (WAIC) in Shanghai gathers thousands of entrepreneurs, tech executives, and government officials, highlighting the significance of AI amid US-China competition.
Significance of WAIC
WAIC is one of the most significant AI conferences in China, playing a vital role in discussing national strategies for technology. It is occurring amid the intensifying tech rivalry between the US and China.
DeepSeek in the Spotlight
Chinese company DeepSeek has gained attention against the backdrop of the growing Chinese AI industry. Its founder, Liang Wenfeng, is expected to be a key topic of discussion. DeepSeek introduced a successful model, demonstrating that high-level AI does not require billion-dollar investments in equipment.
China's Strategy and Global Ambitions
China aims to make AI one of its key economic sectors, planning to achieve a realization of $100 billion by 2030. The conference also serves as a platform to discuss global governance of AI and ethical standards in this field.
The WAIC conference highlights the rising competition between the US and China in the field of artificial intelligence and showcases China's ambitious plans for the future.
