Web Summit, a major global technology conference, is keen on exploring opportunities to collaborate with Chinese businesses.
Ricardo Lima, the head of startups and investors at Web Summit, expressed interest in forging partnerships with Chinese companies during this year’s Web Summit, which saw over 70,200 attendees from 153 countries and regions and featured more than 2,600 startups. Held in Lisbon from Monday to Thursday, the summit served as a global platform for technology and innovation.
In an interview with media, Lima acknowledged China’s prowess in artificial intelligence (AI), describing it as a “powerhouse” in the field of technology. He emphasized the potential for mutual learning, stating, “Obviously, China is one of the main juggernauts when it comes to technology.”
Web Summit, a major global technology conference, is keen on exploring opportunities to collaborate with Chinese businesses. Lima expressed excitement about the Chinese technology ecosystem and outlined the summit’s interest in working together with Chinese companies to facilitate their expansion into different markets.
Reflecting on the dominant theme at the event, Lima highlighted the omnipresence of artificial intelligence, naming it the “word of the year.” He emphasized the profound impact of AI on various industries, with startups in fintech, edtech, and climate change harnessing the power of AI in innovative ways. The summit featured a wealth of content across different stages that delved into AI and its implications.
Looking ahead, Lima identified a significant trend reshaping the startup and innovation landscape. He noted that startups are increasingly focusing on the holistic growth of their businesses and are striving for organic growth. This strategic shift underscores a broader understanding of the business landscape and a commitment to sustainable development.
The interview with Lima encapsulates the global perspective fostered by Web Summit, emphasizing the importance of collaboration and knowledge exchange with key players like China. As the technology landscape evolves, partnerships and shared insights become essential elements in driving innovation and shaping the future of the industry.