From July 17 to 20, 2026, in Shanghai, the World Artificial Intelligence Conference was held, featuring an exhibition area of 100,000 square meters, over 1,100 enterprises, more than 3,000 exhibits, and over 300 global debut products. Key players like Kimi K3, Huawei, Sugon, Alibaba, and ZTE appeared. The conference demonstrated an increasingly clear AI development path in China, with all of China's AI cards laid on the table. The competition, ultimately between China and the United States, has shifted focus. For large models, after DeepSeek, Kimi, Tongyi Qianwen, Zhipu, MiniMax, and StepFun are catching up, with competition now about reasoning efficiency, task execution, usage cost, and integration into business workflows. For chips and computing power, the focus is on blazing a unique path. Huawei's Ascend 950 super node made its first physical debut, and Sugon presented the country's first fully domestically produced 100,000-card cluster, "Sugon 8000 (Dengfeng)". Alibaba's Panjiu AL128 super node is equipped with 128 self-developed AI computing cards in a single cabinet.