Global Developer Conference in Shanghai: Pioneering the Future of...
At the Global Developer Conference held in Shanghai, open-source AI model development was at the forefront as industry leaders committed to fostering an open AI ecosystem. According to a report, the event celebrated the transformative impact of DeepSeek's resource-efficient models, which have invigorated global AI innovation and competition. 
Shanghai aims to enhance its burgeoning AI sector, the value of which exceeded $62 billion in 2024, based on data from IndexBox. This momentum is supported by the Cyberspace Administration of China (CAC), which had sanctioned 302 generative AI services by the end of last year, attesting to the region's expanding AI capabilities.
Dignitaries and Their Insights
Dignitaries such as Shanghai Vice-Mayor Chen Jie and Vice-Minister Xiong Jijun from the Ministry of Industry and Information Technology underscored the pivotal role of open-source communities in AI advancement. Chen Jie announced plans to bolster the local open-source ecosystem, improve open data services, and spur collaborative development. This pledge aligns with the broader conference theme, highlighting open-source initiatives as essential to the industry's future.
Announcements and Developments
The conference, renowned as the first major assembly post the rise of DeepSeek's open-source models, also witnessed announcements like the Hangzhou-based startup unveiling five new public code repositories. Such developments underline Shanghai's commitment to AI leadership in China and globally. 
Source: IndexBox Market Intelligence Platform
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