AI High-Energy Projects Signed and Settled in Lingang’s Industry Conference

02/21/2023 05:00 • Tech Ticker • 104 views

It is reported that the “embracing the universe and exploring a new horizon” XR industry conference in the new area of Lingang – and the “opening ceremony” signing activity in 2023 was held at the Dishui Lake Convention Center in the new area of Lingang this morning, and a number of AI high-energy projects were signed and settled. At the signing event site, a total of 15 key projects in the artificial intelligence industry were signed and settled, with a total investment of 17.7 billion yuan, covering a number of hot fields such as AR optical parts and product manufacturing, AI chips, industrial software, etc., involving many leading enterprises in the segment track. (Shanghai Securities News)

The XR industry conference in the new area near the port held a centralized signing of 17 billion yuan artificial intelligence projects today

Interpret the above information:

The “embracing the universe and exploring a new horizon” XR industry conference took place in the new area of Lingang, along with an “opening ceremony” signing activity on a sunny morning. The event was held at the Dishui Lake Convention Center and gathered several stakeholders in the artificial intelligence industry. The signing ceremony saw 15 key projects in the AI industry being signed and settled, with an investment sum of 17.7 billion yuan. This investment will cover a wide range of utilities, such as AR optical parts, product manufacturing, AI chips, and industrial software.

This event emphasizes Lingang’s drive to make key investments in advanced technologies. It shows the government’s commitment to drive innovation, support new segments and attract leading players in the AI industry. The event was also meant to help Lingang become part of China’s thriving technological ecosystem—positioning the city as a hub for cutting-edge development. Particularly, the fact that some of the leading enterprises in the segment track participated in the event is a clear indication that Lingang is ready to challenge China’s most advanced technology hubs.

The investment portfolio revealed at the conference revolves around different segments in the AI industry. One of these areas, the AR optical parts, is very promising and likely to deploy AI software. It can be used in various digital platforms to provide services to end-users, such as virtual try-outs before purchasing products. The AI chips section is also promising, especially with the need to improve the processing power of digital devices. The investment in Industrial software will also help enhance its interoperability, making work processes and automation accessible across different industry domains.

In conclusion, Lingang has shown its determination to invest in advanced technology, particularly in the continually growing industry of AI. The investment in different areas within the segment illustrates the robustness of Lingang’s AI industry plan. Events like this help promote Lingang’s position as a significant investment destination, possibly challenging other advanced technology hubs in China.

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