The AI-themed segment of the inaugural Global Entrepreneurship Competition Shanghai Regional Finals was held at the Landing Law Firm in Shanghai on May 18, 2024, with great fanfare.

This competition was guided by the Zhejiang Business Research Institute (China Huashang Business Research Institute), organized by IHatoo Chinese/Zhejiang SME Association, and co-organized by Landing Law Offices and the China AIGC Industry Alliance.

Zhu Min, serving as President of IHatoo Chinese Online Academy and Executive Vice President of Zhejiang Overseas Chinese Communication Promotion Association, along with Rose Li, Senior Partner at Landing Law Offices and Director of the International Investment and Trade Department, shared their insights in the opening speeches and keynote addresses. President Zhu Min offered a comprehensive analysis of the entrepreneurial landscape in China, delving into the market potential of AIGC (Artificial Intelligence, Internet of Things, Big Data, and Cloud Computing), highlighting the unique advantages and challenges that international students encounter, and outlining future prospects from various perspectives. This discussion provided an in-depth exploration of the opportunities and hurdles that AIGC entrepreneurship presents for international students.

Rose Li stressed that this competition transcended mere team rivalry, serving instead as an exceptional forum for fostering imagination, nurturing innovative thought, and forging lasting bonds among participants. She underscored that entrepreneurship isn't solely about launching ventures; it necessitates collaboration, inclusivity, and a commitment to ongoing learning. Entrepreneurs must possess a receptive mindset, embrace novelty, challenge conventions, drive innovation, and embrace constructive change to confront present-day hurdles and unearth fresh prospects.

This competition selected six outstanding project teams for on-site presentations, focusing on cutting-edge technology fields such as AI driving systems, elderly companion systems, medical robots, patient rehabilitation robots, sign language translation robots, and AI fashion models. To ensure the professionalism and authority of the competition, five renowned industry experts were invited to form a judging panel to evaluate and score the projects. The five judges were Dr. Kishore, a big data and AI expert from Huawei, Shan Yilin, a firmware development engineer from Intel, Ying Weiping, Chairman of Xunshi International, Yu Benjun, Senior Partner of Landing Law Offices, and Liu Yanbo, a senior engineer at the China Automotive Engineering Society.

This project is an Autonomous Driving Vehicle in the Loop Simulation Control System Based on Intel Computing Platform. This project mainly focuses on developing a control system for simulating autonomous driving vehicles using the Intel computing platform. It likely involves leveraging Intel's hardware and software technologies to create a simulated environment for testing and validating the performance of autonomous vehicles before they hit the actual roads. Such a system can simulate various traffic scenarios and driving conditions to evaluate the accuracy, stability, and safety of the autonomous driving system. Additionally, the project may discuss optimizing data processing and algorithm execution capabilities of autonomous driving systems using Intel's computing platform to enhance performance and efficiency.

The fifth roadshow project is an Elderly Health Management System. This project likely involves the development of a comprehensive system designed to monitor and manage the health of elderly individuals. Such a system could include various components such as wearable devices for tracking vital signs, mobile applications for data visualization and communication with healthcare providers, and backend infrastructure for storing and analyzing health data.

The final roadshow project is AI Fashion Models. This project likely involves the use of artificial intelligence technology to create virtual fashion models. These models could be computer-generated images or virtual characters generated using deep learning techniques. Through this approach, fashion designers and brands can showcase their clothing designs without the need for physical models, saving time and costs, and allowing for more flexibility in editing and adjustments. AI fashion models can also be utilized in virtual fitting room applications, helping consumers better visualize how clothing will look on them when shopping online. The project may discuss how machine learning and computer vision technologies are employed to enhance the realism and expressiveness of AI fashion models, as well as how they are applied across various aspects of the fashion industry.

The China AIGC Industry Alliance and Landing Law Offices meticulously or chestrated two panel discussions, centering on "AIGC Entrepreneurship for International Students" and "Legal and Regulatory Guidelines for Foreign-invested Enterprises" respectively. During the AIGC Industry Alliance's panel discussion, Mr. Gu Qing, co-founder of China AIGCxShanghai, facilitated targeted inquiries drawn from the specialized research domains and trajectories of various technical experts. This prompted vigorous exchanges among the participating experts, who delved into the evolving contours of the AI industry, elucidating the latest sectoral dynamics, potential hurdles, and future trajectories for the benefit of both attendees and international students.

The runner-up of this competition was the outstanding team led by Ruby Lim, which developed a patient rehabilitation robot. This project targets elderly people in China and addresses the current pain point of lower limb mobility issues among the elderly. They successfully designed a healthcare robot that can assist in muscle movement training and repair patient injuries based on the patient's condition, thereby improving their quality of life.

The team led by Maxwell won first prize with their "Gesture Real-Time Translation System." The team recognized the significant communication barriers faced by individuals with hearing impairments and aimed to create a barrier-free communication environment through technological means. Their "Gesture Real-Time Translation System" has been successfully applied in real-world scenarios such as the Baoshan Community Service Center and the 2023 Hangzhou Asian Games, demonstrating remarkable results. This robot can accurately recognize gestures and provide real-time translation with high precision and responsiveness.

The inaugural Global Entrepreneurship Competition Shanghai Regional Finals showcased the burgeoning potential of AIGC entrepreneurship, particularly in addressing pressing societal needs and fostering innovation. Through insightful speeches, engaging panel discussions, and impressive project presentations, the event underscored the importance of collaboration, inclusivity, and a forward-thinking mindset in entrepreneurial endeavors. The remarkable projects developed by the participating teams exemplify the transformative power of technology in improving lives and breaking down barriers. As we look to the future, let us continue to embrace innovation, challenge conventions, and strive for meaningful progress in the field of AI and beyond.