Shanghai AI conference;16.2 billion yuan;prospective deals

Shanghai AI conference reports 16.2 billion yuan in prospective deals ahead of opening

Organizers say the event has helped advance 57 AI application scenarios and generate 16.2 billion yuan in prospective cooperation ahead of its July opening.

The 2026 World Artificial Intelligence Conference has facilitated 16.2 billion yuan (US$2.3 billion) in prospective cooperation agreements and helped advance 57 key application scenarios ahead of its opening in Shanghai, city officials said on Tuesday.

The figures were disclosed at a Shanghai government press conference ahead of the four-day event, which will run from July 17 to 20 alongside a high-level meeting on global AI governance.

Organizers said this year's conference has established services covering the periods before, during and after the event. It will also feature a dedicated capital-matching area linked to more than 10 investment institutions and 200 professional investors.

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