The 2025 World AI Conference & High-level Meeting on Global AI Governance will be held in Shanghai from July 26 to 28, focusing on the 10 major sectors of artificial intelligence infrastructure, scientific intelligence, smart devices, AI-empowered new-type industrialization and AI's integration with finance, said the organizer during a press conference on Thursday.

More than 1,200 guests from over 30 countries and regions will attend this year's WAIC, including 12 winners of international top-notch awards such as the Turing Award and the Nobel Prize, over 80 academicians from home and abroad and representatives from the world's leading labs.

Coming to the eighth edition this year, the 2025 WAIC will see its exhibition area exceeding 70,000 square meters for the first time. Half of the 800 companies attending this year's exhibition are from other Chinese cities or other parts of the world. At least 60 industry leaders, such as Siemens and Schneider Electric and 50 State-owned enterprises will showcase their latest products and services with their partners.

More than 3,000 frontier products will be demonstrated at this year's WAIC, including 40 large language models, 50 AI-powered devices and 60 robots. It should be noted that over 100 products will make their China or world debut at this year's WAIC, hitting a new record.

The conference has also added for the first time this year the special area for venture investment and incubation. More than 200 startup projects from home and abroad will hold roadshows in this area, given the opportunities to connect to more than 100 investment institutions, Zhang Ying, director of Shanghai Economic and Informatization Commission said during the Thursday press conference.

Meanwhile, the Ministry of Industry and Information Technology will release at the WAIC's forums its latest progress in AI development, said Du Guangda, deputy head of the ministry's science and technology department. These include a cooperation network among BRICS countries, a guideline for governance and identification of industry applications empowered by AI, a service platform for supply and demand matching in AI-powered industrial applications, and an industry map of humanoid robots, he said.

Over the past seven editions, WAIC attracted the participation of over 6,000 industry leaders and the online discussion of more than 2.5 billion people.

By the end of the first quarter, the total industrial value of the Shanghai-based AI companies with a minimum annual sales revenue of 20 million yuan ($2.8 million) each has exceeded 118 billion yuan, up 29 year-on-year. The profit generated by these companies surged 65 percent yearly, Zhang from the Shanghai Economic and Informatization Commission released the data during the Thursday press conference.

"AI has become a new engine for Shanghai's economic growth," she said.

Zhang said that the city's smart computing supply capacity will exceed 100 EFlops by the end of this year. Public data shows that China's total computing power scale was around 246 EFlops at the end of 2024, among which 15 EFlops were contributed by Shanghai.

According to the three-year action plan to facilitate the development of the Shanghai-based high-growth enterprises, which was released on Wednesday, the municipal government said that special support will be given to these companies for renting the city's computing power to develop LLMs. The support will be a maximum of 30 percent of the contract value, or no more than 40 million yuan in total.

Meanwhile, Shanghai launched last year the country's first corpus operation platform. In AI, a corpus refers to a large and structured collection of texts used for training machine learning models.

In addition, more than 82 LLMs developed by Shanghai-based companies have been registered with the top regulators.