Qiming Venture Partners Portfolio Companies Shine at 2025 World Artificial Intelligence Conference

The 2025 World Artificial Intelligence Conference (WAIC) was recently held in Shanghai. As one of the most influential industry events in the global AI space, the conference centered on the theme "Intelligent Age, Shared Responsibility," continuing to serve as a "technology weathervane, application showcase, industry accelerator, and governance forum." It featured five core components — conferences and forums, exhibitions, awards and competitions, intelligent experiences, and innovation incubation — offering a comprehensive look at cutting-edge AI technology, industry trends, and the latest practices in global governance. During the conference, major honors were announced, including the 2025 AI Figures of the Year, the SAIL Award (WAIC's highest honor), the Hall of Treasures, and a series of other award lists.

This year's conference hosted one opening ceremony and main forum, one high-level meeting on global AI governance, two plenary sessions on scientific frontiers and development security, and multiple ecosystem forums. These focused on ten key sectors, including AI infrastructure, AI for Science, intelligent terminals, AI-enabled new industrialization, and AI+finance. The event brought together over 1,500 top experts from more than 70 countries and regions. The exhibition area exceeded 70,000 square meters for the first time, attracting over 800 companies to showcase more than 3,000 frontier technologies — including over 100 products making their global or China debut. Both total exhibits and debut launches doubled year-over-year.

As one of China's earliest and most extensively invested AI-focused investment firms, Qiming Venture Partners hosted a forum at the World Artificial Intelligence Conference for the third consecutive year. This year's Qiming Venture Partners · Entrepreneurship and Investment Forum — Venture Capital Unlocking the Resonance Cycle of AI Technology and Applications — was a sub-forum showcasing and exploring the latest breakthroughs in AI technology and applications from an innovation perspective. Qiming Venture Partners hopes that by hosting this distinctive sub-forum, it can connect the themes of innovation, entrepreneurship, and venture capital, through the candid sharing of invited distinguished guests, bringing valuable and useful insights to the industry and the broader AI ecosystem. From AI 1.0 to AI 2.0, Qiming Venture Partners has cumulatively invested in over 100 AI projects, with portfolio companies spanning the entire AI industry chain, helping multiple benchmark enterprises rise to prominence. It is one of the most active and influential investment firms in the AI sector in China and across Asia.

Additionally, at the 2025 World Artificial Intelligence Conference, Qiming Venture Partners portfolio companies including Infinigence AI, Transwarp Technology (688031.SH), Zhipu AI, Infinite Light Year, StepFun, Shengshu Technology, Galaxy Universal, Tashi Zhihang, Free Weight, Unisound (09678.HK), Frontis, Houmo AI, Axera, Cix Technology, Mech-Mind Robotics, Zhichang Group, Future Intelligent, TandemAI, Jialiang Medical, Tetramer, Lefty Medical, and Insilico Medicine made appearances, demonstrating their technological innovation capabilities and growth potential through forums, core product showcases, and cutting-edge perspectives. Notably, Infinigence AI, Free Weight, Tetramer, TandemAI, and Lefty Medical appeared in the Future Tech "Innovation Incubation Showcase Zone," established in collaboration with investment firms including Qiming Venture Partners.

Zhipu AI CEO Zhang Peng, StepFun founder and CEO Daxin Jiang, and Infinigence AI co-founder and CEO Lixue Xia were named 2025 AI Figures of the Year. Xiaomi (01810.HK), TandemAI, Biren Technology, and Galaxy Universal were listed among the SAIL Award TOP30 for Excellence in AI Leadership. Galaxy Universal, StepFun, Infinigence AI, Transwarp Technology, Infinite Light Year, Zhipu AI, and TandemAI were selected for the World Artificial Intelligence Conference Hall of Treasures and series award lists.

This article highlights selected company developments.

Hosting Forums

01/

Infinigence AI Successfully Hosts Intelligent Computing Ecosystem Forum

During the World Artificial Intelligence Conference, Infinigence AI successfully hosted the "See the Infinite Through Computing Power" Intelligent Computing Ecosystem Forum. Yu Wang, professor and department chair at Tsinghua University's School of Engineering and initiator of Infinigence AI, stated in his opening remarks: "Going forward, Infinigence AI will work hand-in-hand with ecosystem partners to continuously advance intelligent computing power, technological innovation, and application deployment, providing solid support for the high-quality development of China's AI industry and a powerful engine for China's high-level economic growth."

Yu Wang, professor and department chair at Tsinghua University's School of Engineering, initiator of Infinigence AI

At the forum, Infinigence AI co-founder and CEO Lixue Xia unveiled the company's full-scale AI efficiency upgrade solution and officially launched three core products: Wuqiong AI Cloud, Wujie Intelligent Computing Platform, and Wuyin Terminal Intelligence. This solution is a hardware-software collaborative system oriented toward future intelligent infrastructure, providing unified adaptation for heterogeneous computing power across full-scale scenarios — from cross-regional intelligent computing networks and clusters to multi-form intelligent terminals — with end-to-end support from model scheduling and performance optimization to application deployment. At the launch, Xia likened the three products to "three boxes," explaining that Infinigence AI hopes to provide "packaged" product and service capabilities, enabling every unit of computing power to unleash its maximum intelligent potential across full-scale hardware and software scenarios from single-card to 100,000-card configurations.

Lixue Xia, co-founder and CEO of Infinigence AI

At the forum, Infinigence AI joined with Qiming Venture Partners portfolio company Axera, Shanghai Innovation Institute, Li Auto, Lenovo Capital and Incubator Group, and more than ten other terminal industry partners to jointly launch the first phase of the AI Terminal Pilot Testing Platform.

02/

Transwarp Technology Hosts Themed Forum

and Signs Agreements with Partners

Transwarp Technology successfully hosted a forum themed "Connected Intelligence, Infinite Data — AI×Data=Future: AI Gives Data Infinite Possibilities." Attendees explored how enterprises can achieve intelligent transformation by building robust data and AI infrastructure (AI Infra) in the large model era. At the forum, Transwarp Technology also signed strategic cooperation agreements with three key partners — Beijing Government Technology Co., Shanghai WenZheng Management Consulting Co., and Nanjing Zhongke Qixin Technology Co. This marks a solid step forward for Transwarp Technology in driving deep integration of AI Infra technology into key vertical scenarios and building an open, win-win ecosystem.

Sun Yuanhao, founder, chairman and CEO of Transwarp Technology

In his keynote speech "From Data Infra to AI Infra: The Intelligent Transformation," Transwarp Technology founder, chairman and CEO Sun Yuanhao noted that with the explosive development of AI technology, data management alone (Data Infra) can no longer meet enterprise needs. The competitive high ground lies in building a new generation of AI infrastructure (AI Infra) that can support the efficient development, collaboration, and operation of intelligent agents (Agents). "The deep integration of AI and data is reshaping the competitive landscape. The next-generation AI Infra that Transwarp Technology is committed to building represents not just a technology upgrade, but a transformation of enterprise operating models — driving the leap from 'data management' to 'intelligent agent operation.' This is the critical path to achieving industrial intelligent upgrading and winning the future."

Major Appearances

01/

Multiple Qiming Venture Partners Portfolio Companies

Appear in Future Tech Innovation Incubation Showcase Zone

This year, the World Artificial Intelligence Conference established a special "Innovation Incubation Showcase Zone,"集中展示ing high-quality AI startup projects covering frontier areas including generative AI, AI for Science ("AI4S"), and Embodied Artificial Intelligence. Infinigence AI, Free Weight, Tetramer, TandemAI, and Lefty Medical appeared in the Future Tech "Innovation Incubation Showcase Zone."

Future Tech is the World Artificial Intelligence Conference's innovation incubation brand for early-stage tech entrepreneurs globally, and a cutting-edge platform for accelerating founder development. The newly established "Innovation Incubation Showcase Zone" collaborated with investment firms including Qiming Venture Partners and top universities such as Tsinghua, Peking, Fudan, and Jiao Tong to identify startup projects with innovative vision, growth potential, and commercial value. Of the final selected high-quality teams, 70% were established less than three years ago, and post-90s founders accounted for over 50%.

02/

WeRide, Chery Automobile, and Jinjiang Taxi Receive Approval for

L4-Level Intelligent Connected Vehicle Driverless Pilot Commercial Services

During the World Artificial Intelligence Conference, Shanghai officially launched a new batch of intelligent connected vehicle demonstration operation services. Qiming Venture Partners portfolio company WeRide (NASDAQ: WRD), in partnership with Chery Automobile and Jinjiang Taxi, received approval to conduct regulation-compliant, driverless-in-front-seat, public-road autonomous ride-hailing demonstration services in Shanghai's Pudong New Area. This also marks the entry of Chery's Robotaxi, powered by WeRide, into Shanghai — a strong demonstration of the company's robust autonomous driving capabilities and efficient global deployment.

At the conference's "Intelligent Mobility Without Boundaries · AI Drives the Future" L4-level intelligent connected vehicle experience event, the three parties brought the only on-site production-intent L4 autonomous vehicle shuttle service, covering major transportation hubs and cultural landmarks including the Shanghai World Expo Center, Jinqiao, Huamu, Shanghai Pudong International Airport, and Shanghai Disney Resort. Shanghai residents, tourists, and conference attendees could book rides at any time through the "Jinjiang Zhixing" WeChat mini program.

03/

Zhipu AI Showcases Core Achievements

Across Multiple Domains at WAIC

Zhipu AI presented its core achievements in multimodal intelligence, MaaS ecosystem, and the Agentic GLM model series at this year's World Artificial Intelligence Conference.

Zhipu AI demonstrated task planning and screen comprehension capabilities. Live demonstrations showed the model autonomously completing multiple operations after receiving user instructions — grabbing digital red envelopes, information integration, social media interactions, e-commerce platform orders, Dianping review writing — as well as handling navigation and booking tasks, moving further toward intelligent assistant scenarios.

04/

Infinite Light Years Unveils Major Achievements

Including NovaInspire Scientific Intelligence Open Platform at WAIC

Infinite Light Years made its appearance at the World Artificial Intelligence Conference under the theme "Trustworthy Foundation, Pioneer Breakthrough," demonstrating the complete path from technological innovation to industrial empowerment of trustworthy AI through its "one horizontal, two verticals" strategy. Three major achievements were released in concentrated fashion: the NovaInspire Scientific Intelligence Open Platform, the financial trustworthy AI solution matrix, and the NovaInspire 2.0 specialized intelligent computing platform — showcasing the "technology foundation-industry application" value loop and providing replicable practical paradigms for industrial intelligence.

The NovaInspire Scientific Intelligence Open Platform (NovaInspire: Scientist-Centered AI Open Platform), developed by the Shanghai Academy of Science for Artificial Intelligence in collaboration with Fudan University and Infinite Light Years, focuses deeply on the core needs of researchers: allowing more powerful and accessible AI infrastructure and collaborative platforms to naturally integrate into the entire research workflow, enabling more scientists to break free from technical trivialities, focus on the essence of science, and jointly accelerate the exploration of the unknown. As one of the platform's core builders, Infinite Light Years is using the NovaInspire platform as a vehicle to construct a high-stability, high-efficiency scientific intelligence computing service platform for NovaInspire.

Qi Yuan, distinguished professor at Fudan University, president of the Shanghai Academy of Science for Artificial Intelligence, and founder of Infinite Light Years

Qi Yuan, distinguished professor at Fudan University, president of the Shanghai Academy of Science for Artificial Intelligence, and founder of Infinite Light Years, stated: "The AI industry is undergoing a fundamental transformation from technological worship to value return, and trustworthiness is the core pivot of this transformation." Industrial-grade AI must possess both "continuous evolution capability" and "rule adaptation capability" — building "evolvable rule systems" through neuro-symbolic computing, allowing AI to maintain learning ability while internalizing industry norms. "The future of AI competition is not a contest of computing power or parameters, but a competition of value creation capability." In fields such as scientific research, finance, and healthcare, technology must complete a triple leap from "usable" to "trustworthy" to "excellent." This requires AI companies to not only understand technology, but to understand the language, rules, and pain points of industries.

05/

StepFun Releases Next-Generation Foundation Model Step 3

Showcasing Latest Achievements in Automotive Terminal Agent Domain

On the eve of the World Artificial Intelligence Conference, StepFun released its next-generation foundation model — Step 3. As StepFun's flagship base model, Step 3 balances intelligence and efficiency, designed to build the most application-ready model for the inference era. Step 3 was open-sourced globally for enterprises and developers on July 31, contributing the strongest multimodal reasoning model to the open-source world. At the same time, StepFun announced the joint establishment of the "Model-Chip Ecosystem Innovation Alliance" with multiple leading Chinese chip and platform vendors, which will accelerate the deployment of large model applications by driving collaborative innovation across the model and chip industry chains.

StepFun founder and CEO Daxin Jiang stated: "The rapid iteration from Step 1 to Step 2 foundation models prompted us to deeply consider what truly constitutes the most application-ready model. As large models enter the reinforcement learning development stage, new-generation reasoning models have become mainstream. While the performance improvements are significant, does this fully equate to model value? Faced with this industry question, we must return to customer needs, ground ourselves in real application scenarios, and explore viable paths for model innovation and deployment. This was the starting point for our development of the new-generation Step 3 foundation model."

In the StepFun exhibition area, StepFun, in collaboration with Geely Auto and Qianli Technology, showcased its latest achievements in the automotive terminal Agent domain: the Geely Galaxy M9, equipped with a new-generation AI intelligent cockpit, integrated StepFun's end-to-end voice large model — marking the industry's first mass production deployment of an end-to-end voice large model in vehicles; and the next-generation intelligent cockpit Agent OS (preview version), jointly released by StepFun, Geely Auto, and Qianli Technology.

06/

Shengshu Technology Showcases Video Foundation Model

Product Vidu at WAIC

Shengshu Technology brought its video foundation model product Vidu to this year's World Artificial Intelligence Conference, creating an immersive interactive experience space that drew massive crowds. Attendees experienced Vidu AI video foundation model's powerful capabilities: simply inputting images or text to instantly generate fun videos, creative shorts, and other rich content — experiencing one-click transformation "from idea to video" — applicable to advertising and marketing, entertainment, animation production, and other scenarios.

Additionally, attendees could view Vidu-generated video content through VR devices on-site, immersively experiencing the novel combination of AI and virtual reality; beyond watching Vidu-generated videos, attendees could also smell scents corresponding to the video content through special equipment.

07/

Galaxy Universal Brings Galbot to WAIC 2025

Skills Arena

Galaxy Universal was invited to showcase at the 2025 Skills Arena of this year's World Artificial Intelligence Conference. In the exhibition area, Galbot conducted round-the-clock supermarket operations based on the team's self-developed end-to-end Embodied Artificial Intelligence large model GroceryVLA. At the booth, Galbot demonstrated uninterrupted long-duration stable operation, continuously showcasing its outstanding performance and reliability — vividly illustrating how Embodied Artificial Intelligence technology helps retail advance toward intelligence.

Galaxy Universal concentrated on demonstrating the core advantages and diverse application scenarios of robotics in industry, covering retail, industrial, logistics, and urban service domains. Taking Embodied Artificial Intelligence technology application in commercial retail as an example, Galaxy Universal's world's first humanoid robot smart retail solution has been formally deployed. Based on self-developed end-to-end Embodied Artificial Intelligence large model technology, Galbot completes the full process of inventory checking, restocking, product retrieval and delivery, and packaging — supporting 24/7 uninterrupted product delivery and inventory management, achieving efficient intelligent operation with robot staffing.

Relying on this solution, new physical stores can complete deployment in just two days, demonstrating extremely strong replicability and scaling potential. The solution is compatible with diverse complex shelf structures including open shelves, precision extraction shelves, and drawers; robots can autonomously and efficiently complete staffing operations, with delivery personnel only needing to enter a password to retrieve goods. Currently, Galaxy Universal has secured orders for 100 stores, with plans to achieve nationwide deployment by year-end.

08/

Ziyou Liangji's "Yinchao" Music Foundation Model Independently

Completes WAIC 2025 Theme Song Full Stack

Ziyou Liangji's self-developed "Yinchao" music foundation model independently completed the full stack for the 2025 World Artificial Intelligence Conference's English theme song "AI For Good," with the work centered on "technology for good" and conveying a future vision of AI-human coexistence through musical language.

The "Yinchao" music foundation model adopts an industry-leading AR+NAR architecture, with powerful multimodal representation capabilities and an innovative reconstruction model — the former capable of capturing global dynamic changes and performing high-fidelity reconstruction. The latter deeply learns the structural differences between music signals and other information, independently modeling musical features within signals and establishing composite evaluation dimensions, overcoming the music detail loss problems encountered by traditional approaches in processing. This enables the "Yinchao" music foundation model to generate high-quality music with rich arrangement layers and industrial-grade production listening experience.

At the same time, to move generated effects from "flat" to "immersive," the team specifically developed a Diffusion Transformer (DiT) capable of directly performing joint modeling on stereo signals. The core of this model lies in its unique attention mechanism, which effectively captures and synchronizes phase, intensity differences, and time delays between left and right channels. As a result, generated audio is no longer simple duplication of mono signals, but possesses authentic, natural width and depth — constructing a believable sound field space for listeners.

09/

Unisound Showcases Frontier AGI Products and Solutions at World Artificial Intelligence Conference

Unisound brought its frontier AGI products and solutions to the World Artificial Intelligence Conference, fully demonstrating its innovative technological achievements. Among them, the smart customer service screen powered by the Shanhai large model became the focal point. This terminal integrates multimodal interactions including voice and touch, responding to user queries in real time and accurately providing exhibition information, transit inquiries, and entertainment recommendations — making everyday consultations more efficient.

The Shouya Agent Platform is an enterprise-grade agent management platform launched by Unisound based on the Shanhai large model and years of technical accumulation. The platform is built on a core philosophy of "industry-specific large models + scenario-based agents," deeply integrating multi-source data with complex business logic to construct a full-chain AI digital intelligence foundation for enterprises.

Among Unisound's showcased medical industry applications, the outpatient medical record generation system can capture doctor-patient conversations in real time and automatically generate efficient structured medical records. This system has already been widely deployed at Beijing Friendship Hospital Shunyi Campus, with a record adoption rate as high as 98%; the radiology report generation system allows doctors to describe images by voice and quickly generate standardized reports, effectively addressing the time-consuming problem of report writing for radiologists.

10/

Houmo AI Debuts Full Matrix of Houmo Manjie® M50 New Products at World Artificial Intelligence Conference

As a leader in edge-side large model AI chips, Houmo AI brought its newly released edge-side large model AI chip Houmo Manjie® M50 (hereinafter "M50") series products, Houmo Manjie® M30 (hereinafter "M30") series products, and edge-side large model application solutions to the World Artificial Intelligence Conference, comprehensively presenting the implementation results of compute-in-memory technology in edge-side scenarios.

Among them, the M50 achieves performance breakthroughs through its innovative compute-in-memory architecture, delivering 160 TOPS of single-chip compute power with multi-precision operation support, paired with up to 48GB of memory and 153.6GB/s bandwidth — providing the hardware foundation for running billion-parameter models locally and bringing cloud-grade inference capabilities down to the terminal. At the same time, the M50 employs multi-chip interconnect technology for dynamic compute scaling, with an ultra-compact form factor suitable for integration into space-constrained devices. Its local computing mode ensures data privacy at the physical layer and eliminates cloud latency. It has currently achieved inference speeds exceeding 25 tokens/s for 7B/8B large models, successfully integrating large model capabilities into edge-side intelligent scenarios such as tablets/PCs, intelligent voice devices, and robots — pushing edge devices to evolve from "functional" to "intelligent agent."

The M30 series, through technical validation and scenario deployment, has laid a solid foundation for the widespread adoption of edge-side large models, forming technical iteration and scenario complementarity with the M50 series to jointly build a full-scenario edge-side large model hardware system. The M30 chip and series products, as mature solutions for edge-side large model applications, support multiple large models including but not limited to ChatGLM, Llama2, Qwen, and DeepSeek. The product series includes the Limou® LM30 accelerator card, Limou® SM30 compute module, Limou® BX30 compute box, and others, covering diverse scenarios from all-in-one machines to industrial terminals.

11/

AXERA Releases Edge Computing Strategy and Jointly Launches "AXERA Sound" Audio Solution

AXERA made a major release of its edge computing strategy at this year's World Artificial Intelligence Conference. Companies including Qiming Venture Partners portfolio company Infinigence AI witnessed AXERA's new path for the integrated development of edge computing and AI.

AXERA founder and chairman Dr. Qiu Xiaoxin stated: " As an edge and endpoint AI chip platform company, AXERA deeply recognizes the importance of industrial collaboration. We focus on providing high intelligence-per-cost AI chips, and through standardized development tools and algorithm optimization frameworks, lower the technical development threshold for partners. We hope to work hand-in-hand with ecosystem partners to jointly build an 'edge intelligence community,' promote the development of the edge computing industry, advance the large-scale deployment of intelligent technology across thousands of industries, and ultimately bring it into every household. AXERA is driving AI democratization through a 'technology-product-ecosystem-scenario' flywheel effect. This positive cycle will continuously lower the barrier to AI applications, ultimately creating a beautiful life of 'intelligence for everything.'"

AXERA jointly and officially released with Lingjing Acoustics the exclusive audio chip solution "AXERA Sound," powered by the "Lingjing Umix AI" panoramic sound industry large model. This solution carries Lingjing Acoustics' self-developed "Lingjing Umix AI" large model, built on the powerful compute of AXERA's self-developed AI chip AX8850 series, providing a one-stop AI solution for industry pain points such as scarce surround sound content and high production costs.

At the same time, under the theme "AI Chips Empowering Intelligence for Everything," AXERA comprehensively showcased the company's R&D achievements and application examples in the AI chip field, including AXERA's flagship AI chip products, industry solutions, AI large model application demonstrations, the new product "AXERA Sound," and various consumer-facing products.

12/

Cix Technology Debuts Series of Exhibits Powered by Cix P1 Chip at World Artificial Intelligence Conference

Cix Technology brought a series of exhibits powered by its high-efficiency heterogeneous SoC — the Cix P1 — to this year's World Artificial Intelligence Conference, centered around the theme "AI Creates a Better Future," presenting demonstrations across three major application scenarios: PC computing platforms, edge computing platforms, and automotive computing platforms — fully demonstrating the Cix P1 chip's application capabilities across multiple scenarios.

The heterogeneous compute architecture built by the Cix P1 chip is becoming a key engine driving AI adoption at the edge and endpoint. Cix Technology founder and CEO Sun Wenjian emphasized: "From intelligent office and creation on PCs, to efficient response and stable operation in edge computing scenarios, to intelligent interaction innovation in the automotive domain, we are breaking the boundaries of AI applications through endpoint-side technology. The vision of 'AI Creates a Better Future' is being transformed into tangible reality through continuous iteration of endpoint-side technology."

13/

Mech-Mind Robotics Exhibits Self-Developed General-Purpose Robot "Eye-Brain-Hand" Full-Stack Technology Products

Mech-Mind Robotics made a major appearance at the frontier technology exhibition area of this year's World Artificial Intelligence Conference, showcasing its self-developed general-purpose robot "eye-brain-hand" full-stack technology products, including the Mech-Eye high-precision 3D camera, Mech-GPT multimodal large model, Mech-Hand five-finger dexterous hand, as well as nearly 10 frontier Embodied Artificial Intelligence application units such as dual-arm robot clothes folding, humanoid robot goods retrieval, and massive object sorting. This marks Mech-Mind Robotics' first panoramic demonstration of its Embodied Artificial Intelligence "eye-brain-hand" full-stack AI capabilities, as well as "eye-brain-hand" integrated single-arm, dual-arm, humanoid, and other diverse robot forms for cross-industry, cross-object, and cross-task applications. The demonstrated applications span intelligent manufacturing, smart logistics, pharmaceuticals, retail, food and beverage, home services, and numerous other fields.

Mech-Mind Robotics' self-developed general-purpose robot "eye-brain-hand" integrates full-chain frontier Embodied Artificial Intelligence technologies including multimodal perception, autonomous cognition and planning, and intelligent motion control and execution, possessing powerful recognition, understanding, and manipulation capabilities with strong generality and generalization performance — able to adapt to various robot forms, objects, tasks, and environments.

14/

Transwarp Technology Debuts Next-Generation AI Infra Technology Architecture and Industry Practice Achievements at World Artificial Intelligence Conference

Transwarp Technology made a major appearance at this World Artificial Intelligence Conference with its next-generation AI Infra technology architecture and rich industry practice achievements, through innovative exhibition design, immersive experience activities, and a series of themed forums — comprehensively demonstrating how it helps enterprises navigate the data and AI integration wave and advance toward a digital-intelligent future.

The booth also featured an AI PC display area, presenting the productivity transformation brought by the combination of AI PCs with Transwarp AI Infra and intelligent agents. Meanwhile, the core industry customer joint exhibition area, through actual cases and scenario demonstrations, clearly showcased the implementation value of Transwarp Technology's next-generation AI Infra in complex business scenarios, such as intelligent production optimization in the energy industry, intelligent risk control and investment research in the financial sector, and intelligent upgrade of government services — providing industry audiences with replicable transformation paths.

15/

Zhichang Group Exhibits AIX, New Embodied Intelligent Robot Product for Flexible Manufacturing Scenarios

Zhichang Group brought its AIX — a new Embodied Intelligent robot product for flexible manufacturing scenarios — to this year's World Artificial Intelligence Conference, centered around the core theme of "AI + Manufacturing," concentrating on demonstrating the practical application achievements of the new generation of embodied intelligent agents in industrial field settings.

The deep integration of hierarchical embodied intelligent architecture combined with innovative wheel-foot composite chassis design gives AIX outstanding generalization capabilities for industrial scenarios: not only possessing good terrain adaptation and cross-regional mobility, but also rapidly migrating cross-process product knowledge and achieving cross-equipment heterogeneous collaboration. These technical characteristics provide critical adaptive support for flexible manufacturing systems, effectively solving the deployment challenges traditional automation systems face during production line reconstruction and process changes.

16/

Future Intelligent Showcases iFlytek AI Meeting Earbuds and Deep Integration with WPS AI, Z·Pilot

Future Intelligent brought its iFlytek AI Meeting Earbuds Pro3 and Air2 to the World Artificial Intelligence Conference, demonstrating to global audiences its leading practices in AI + hardware. Additionally, at the closing ceremony, Future Intelligent was selected as a key signing project of Shanghai as a representative intelligent hardware enterprise. This cooperation represents not only recognition of its technical strength, but also demonstrates the key role of AI hardware in industrial upgrading.

During the conference, Future Intelligent launched a deep collaboration with WPS AI, leveraging the event to showcase how powerful AI capabilities can be deeply integrated into office workflows, significantly boosting user productivity and intelligent experiences. The WPS AI booth offered plenty of interactive demos, highlighting the practical, converged functionality of both brands in AI scenarios — together exploring the future of "AI-powered productivity."

Future Intelligent also partnered with Z·Pilot, a new concept tech retail platform, displaying products including AI earbuds, robotic arms, and smart glasses at its booth. Future Intelligent's AI earbuds use cutting-edge technology to deliver efficiency gains that feel like "future tech."

17/

Tiamat Technology Debuts at World Artificial Intelligence Conference

As a global leader in AI-powered protein design, Tiamat Technology made its appearance at this year's World Artificial Intelligence Conference. With "AI4S" having moved from the deployment phase into a breakthrough phase, researchers have now developed large models for directed protein engineering.

Hong Liang, Distinguished Professor at Shanghai Jiao Tong University and Chief Scientist at Tiamat Technology, said: "There are 20 amino acids that make up proteins in nature. A protein molecule generally consists of dozens to hundreds of amino acids. Trying to improve protein function through experience alone was like finding a needle in a haystack." "Now, you only need to provide the protein's sequence information, and the large model can quickly generate a batch of modification schemes. Combined with experimental validation, you can arrive at the optimal result."

18/

Jialiang Medical Brings Epilcure Implantable Closed-Loop Self-Responsive Neurostimulation System to World Artificial Intelligence Conference

Jialiang Medical showcased its Epilcure implantable closed-loop self-responsive neurostimulation system at this year's World Artificial Intelligence Conference. The system deeply integrates advanced brain-computer interface technology, real-time neural electrophysiological signal parsing algorithms, and safe neurostimulation technology — representing the cutting edge of treatment for refractory epilepsy.

The system uses a high-precision implantable neural signal acquisition device to capture in real time the characteristic brain electrical activity associated with seizure onset. Powered by a robust algorithmic platform, the system automatically identifies the pre-ictal or ictal onset phase. Once abnormal brain activity is detected, the system immediately triggers targeted, parameter-adjustable neuroelectrical stimulation to effectively suppress the seizure. The system continuously records treatment data, constantly optimizing individualized detection and stimulation strategies for each patient.

19/

TandemAI Showcases TandemViz™ Drug Discovery Platform at World Artificial Intelligence Conference

TandemAI brought its TandemViz™ drug discovery platform to this year's World Artificial Intelligence Conference.

Through comprehensive deployment of generative AI technology, full-atom physics modeling based on molecular dynamics simulation and quantum mechanics computation, its globally leading AI-enabled drug discovery operating system TandemViz™, and large-scale high-efficiency laboratories, TandemAI has systematically restructured the infrastructure of drug discovery. This innovative platform covers the entire drug discovery pipeline from target structure prediction and evaluation to clinical candidate compound (PCC) identification, significantly improving R&D efficiency and success rates, and providing efficient, precise discovery solutions for global pharmaceutical research institutions.

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Highlighted Perspectives

01/

Frontis's Bowen Zhou Holds Dialogue with Nobel Laureate and Delivers Keynote at Science Frontier Plenary Session

During the World Artificial Intelligence Conference, Bowen Zhou, Director and Chief Scientist of Shanghai Artificial Intelligence Laboratory, and founder of Frontis — a Qiming Venture Partners portfolio company — held a summit dialogue with Geoffrey Hinton, 2024 Nobel laureate and 2018 Turing Award winner. This was the only public dialogue during Hinton's China trip specifically aimed at AI and frontier science researchers.

At the Science Frontier Plenary Session of this year's World Artificial Intelligence Conference, Professor Zhou delivered a keynote titled The Endless Frontier: Where AGI Meets Science. The report noted that the era presents scientists with a dual opportunity and mission: to break through AGI foundational theory, and to use AGI to catalyze a scientific revolution.

He argued that AGI should possess both specialized depth and generalized breadth, and formally named the three-layer architecture for the "generalist-specialist fusion" path he proposed last year as "SAGE" (Synergistic Architecture for Generalized Expertise): a foundation model layer, a fusion and synergy layer, and an exploration and evolution layer — operating in parallel with closed-loop feedback — enabling large models to evolve from "tools" to "engines" in scientific discovery. He also introduced Intern-S1, a world-leading scientific multimodal large model that is currently the strongest open-source multimodal model and possesses deep thinking capabilities across multiple disciplines.

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StepFun's Daxin Jiang Appears at Shanghai State-Owned Investment Industrial Development Forum Entrepreneur Talk Show

At the "Intelligent Chain Sci-Tech | Empowering the AI Innovation Ecosystem" Shanghai State-Owned Investment Industrial Development Forum, Daxin Jiang, founder and CEO of StepFun, appeared as a representative of a leading enterprise to deliver a speech focused on "Breaking Through in AI Innovation." He proposed that "more, open, better, cheaper" are the four "golden rules" for large model application deployment: "more" means multimodal, "open" represents open source, "better" refers to model performance, and "cheaper" emphasizes cost reduction.

Daxin Jiang, Founder and CEO of StepFun

StepFun's next-generation foundation model Step 3 achieved innovative breakthroughs in system and architecture design, with substantially improved inference efficiency. The model also demonstrated outstanding performance on multimodal and language benchmarks. The Step series large model matrix it has built has already achieved rapid commercial growth across mobile phones, automobiles, finance, content, and other domains, and will continue to drive broad application of large model technology.

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Galaxy Universal's He Wang Participates in Multiple Key Forums at World Artificial Intelligence Conference

He Wang, Assistant Professor at Peking University and founder and CTO of Galaxy Universal, was invited to participate in multiple important forums during this year's World Artificial Intelligence Conference, sharing several frontier technical achievements as an expert. Dr. Wang attended the "AI Future Development Forum," engaging in in-depth exchanges around the theme of "Scientific Intelligence Toward Artificial General Intelligence." During the conference, Dr. Wang was also invited to the 2025 Large Model Forum, the Artificial Intelligence Interdisciplinary Science Forum, and other events, sharing his genuine insights on the development of embodied intelligence with fellow attendees.

He Wang, Assistant Professor at Peking University and Founder and CTO of Galaxy Universal

Wang stated that the company adheres to a data strategy dominated by synthetic data, supplemented by real data, making embodied data costs controllable and enabling large-scale generalization. Regarding "bubble" talk in the industry, he believes that bubbles are inevitable when any industry emerges, but after the tide recedes, what remains is real gold. "What I care more about right now is how to quickly integrate technology with industry, and under capital impetus, achieve the first large-scale, replicable commercial model for embodied intelligence."

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Infinigence AI's Guohao Dai Appears in "Peak Dialogue" Segment of Main Forum

At the "Peak Dialogue" segment of the main forum at this year's World Artificial Intelligence Conference, Guohao Dai, Associate Professor at Shanghai Jiao Tong University and co-founder of Infinigence AI, joined other guests in a forward-looking dialogue on key paths to breaking through compute bottlenecks. By focusing on frontier domains including heterogeneous computing, quantum computing, and photonic computing, the discussion explored how technological route innovation can help compute power reach new heights amid increasingly prominent bottlenecks.

Guohao Dai, Associate Professor at Shanghai Jiao Tong University and Co-founder of Infinigence AI

Dai pointed out that if compute resources were truly inexhaustible, humanity could simulate the mechanisms of far more complex systems with unprecedented precision, finding globally optimal solutions to complex worldwide challenges like climate crises and disease prevention. Diverse applications across different scenarios require different kinds of compute support; expanding total available compute power and improving computational efficiency can provide the foundation for continued AI development and the diffusion of advanced technologies. The road to general artificial intelligence is blocked by three "ceilings": the power wall, the memory wall, and the communication wall. Dai believes that through hardware-software co-design approaches, innovations like 3D-stacked packaging paradigms, and heterogeneous computing, these walls can be broken down — providing stronger compute support for AI, enabling performance breakthroughs, and serving broader populations.

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Insilico Medicine's Alex Zhavoronkov and Dr. Ren Feng

Attend Sub-Forums and AI True Experts Special Column

Alex Zhavoronkov, Founder and CEO of Insilico Medicine, attended the AI-Leading Healthcare · AI Creating the Future of Medical Artificial Intelligence Forum, one of the core sub-forums of the World Artificial Intelligence Conference. Dr. Zhavoronkov engaged in multi-dimensional, in-depth discussions with leading figures from industry, academia, and research on cutting-edge topics at the intersection of AI and biomedicine.

During Yicai's WAIC 3x24 live broadcast, Dr. Ren Feng, Co-CEO and Chief Scientific Officer of Insilico Medicine, appeared in the AI True Experts special column. Using Rentosertib (ISM001-055), Insilico Medicine's TNIK small-molecule inhibitor that has completed Phase 2a clinical proof-of-concept, as an example, he explained the applications and potential of AI advances integrated with life sciences. Dr. Ren stated that AI is the spark that accelerates innovation, while humans are the torchbearers advancing drug research and development. The deep integration of artificial intelligence and human intelligence creates infinite possibilities for curing the future.

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Tashi Zhihang's Wenchao Ding Attends World Artificial Intelligence Conference Sub-Forum

Wenchao Ding, Chief Scientist of Tashi Zhihang, attended the World Artificial Intelligence Conference sub-forum "Returning Tide, New Voices · Young Returnee Tech Dialogue," and noted that the embodied intelligence track is vast and long-term, with enormous room for development. Intelligent driving is merely a starting point; embodied intelligence represents the much larger domain for the next five to ten years.

Ding also emphasized the importance of talent cultivation and collaborative exchange. "Embodied intelligence is an extremely interdisciplinary field. In precision manufacturing, for instance, everything from robot hardware to algorithms requires extensive collaboration. Only by making collaboration more thorough can everyone perform better — and the ceiling for improvement is much higher."

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Corporate Honors

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3 CEOs from Qiming Venture Partners Portfolio Companies

Named 2025 AI Figures of the Year

During the 2025 World Artificial Intelligence Conference, CCTV's major AI industry development program 2025 China · AI Gala launched in Shanghai. The 2025 AI Figure of the Year Award was unveiled at the gala, showcasing the latest practices, fruitful achievements, and broad prospects of China's artificial intelligence sector.

Zhipu AI CEO Zhang Peng, StepFun Founder and CEO Daxin Jiang, and Infinigence AI Co-founder and CEO Lixue Xia were honored as 2025 AI Figures of the Year.

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4 Qiming Venture Partners Portfolio Companies

Named to SAIL Award TOP30 List

The World Artificial Intelligence Conference · SAIL Award TOP30 List was previously announced. Xiaomi, Tianwu Technology, Biren Technology, and Galaxy Universal were named to the SAIL Award TOP30 list.

The SAIL (Superior AI Leader) Award, a high-caliber, international honor in the global AI field, adheres to the philosophy of "pursuing excellence, leading the future." It identifies world-leading AI projects with high recognition and reputation that enhance human welfare, aiming to inspire technological breakthroughs, application innovation, and governance exploration to lead intelligent transformation.

The SAIL Award embodies the values of Superior, Applicative, Innovative, and Leading, with the vision of "reconstructing the paradigm of human social development through intelligent technology" to identify "Intelligence+" benchmarks for the information age. "SAIL" also evokes setting sail — hoping that the winds of artificial intelligence will carry us toward a better future.

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Multiple Qiming Venture Partners Portfolio Companies

Named to World Artificial Intelligence Conference Hall Treasures and Awards List

The World Artificial Intelligence Conference Hall Treasures and series awards list was recently announced.

Galaxy Universal was named a Hall Treasure. StepFun received the Application Practice Award for "Next-Generation Intelligent Cockpit Powered by StepFun Multimodal Large Models." Infinigence AI was recognized in the "Must See" exhibition zone for "Infinigence AI Heterogeneous Cloud Infrastructure," Transwarp Technology for "Transwarp Technology Next-Generation AI Infra," Infinite Light-Year for "Trustworthy GenAI Driving New Financial Paradigms," Zhipu AI for "Zhipu Agentic GLM Series Models," and Tianwu Technology for "AIACCLBIO™ General Artificial Intelligence Model for Protein Function Prediction and Design."

Previous Highlights

Qiming Headlines | 2025 WAIC "Qiming Venture Partners · Entrepreneurship and Investment Forum — Venture Capital Enters the AI Technology and Application Resonance Cycle" Successfully Held Qiming Perspectives | Technology Grows Upward, Applications Take Root Downward — AI Resonance Cycle and 2025 Top 10 AI Outlooks Released Qiming Stars | 4 Qiming Venture Partners Portfolio Companies Named to World Artificial Intelligence Conference · SAIL Award TOP30 List

Qiming Venture Partners was founded in 2006. The firm currently manages 11 USD funds and 7 RMB funds, with total assets under management reaching $9.5 billion. Since its inception, Qiming has focused on investing in early and growth-stage outstanding enterprises in Technology and Healthcare innovation.

To date, Qiming Venture Partners has invested in over 580 high-growth innovative companies, of which more than 210 have listed on the New York Stock Exchange, NASDAQ, Hong Kong Exchanges and Clearing Limited, Shanghai Stock Exchange, and Shenzhen Stock Exchange, or exited through M&A and other means. Over 80 portfolio companies have become recognized unicorns or super-unicorns in their industries.

Many Qiming Venture Partners portfolio companies have grown into the most influential players in their respective fields, including Xiaomi (01810.HK), Meituan (03690.HK), Bilibili (NASDAQ:BILI, 09626.HK), Zhihu (NYSE:ZH, 02390.HK), Roborock (688169.SH), UBTECH (09880.HK), WeRide (NASDAQ:WRD), Insta360 (688775.SH), Gan & Lee Pharmaceuticals (603087.SH), Tigermed (300347.SZ, 03347.HK), Zai Lab (NASDAQ:ZLAB, 09688.HK), CanSino Biologics (688185.SH, 06185.HK), Schrödinger (NASDAQ:SDGR), MicroPort EP MedTech (688617.SH), Sanyou Medical (688085.SH), Amoy Diagnostics (300685.SZ), Berry Genomics (000710.SZ), SinoCellTech (688520.SH), Yuanxin Technology, Insilico Medicine, MediLink Therapeutics, LaNova Medicines, Zhipu AI, StepFun, and Biren Technology.