At Lisbon’s annual Web Summit, known as the “Davos for geeks”, the shifting landscape of the global tech industry was laid bare. The four-day extravaganza, attracting over 70,000 enthusiastic visitors, spotlighted artificial intelligence, robotics, and groundbreaking start-ups while highlighting a marked decrease in Western tech dominance.

The Global Stage at Web Summit

Dubbed the “Davos for geeks,” Web Summit welcomed an impressive ensemble of tech leaders, investors, and innovators. With more than 2,500 start-ups and 1,000 investors present, the event featured the most advanced technological wonders the world has to offer. Monday’s opening night was indeed a spectacle, with appearances by TikTok sensation Khaby Lame and sports legends like Maria Sharapova. It set the tone for what turned out to be a festival of innovation and exploration.

Emerging Players in the Tech Realm

Web Summit founder Paddy Cosgrave boldly declared the decline of Western tech hegemony, emphasizing the rise of a more multipolar industry. Citing the impressive advances by Chinese companies in AI and humanoid robotics, Cosgrave illustrated the power shift. For instance, Chinese-manufactured humanoid robots were heralded as some of the most advanced globally, a fact that underscored the changing dynamics of technological leadership.

The Global Contest for AI Supremacy

A major focus of the summit was the nerve-racking competition over generative artificial intelligence. Cristiano Amon of Qualcomm highlighted the company’s bold ventures in AI chip development, positioning against formidable rivals like Nvidia and AMD. Meanwhile, as the US implements export restrictions on these high-end processors for national security, the involvement of other AI leaders like Microsoft’s Brad Smith was genuinely compelling.

The European Perspective

The European Union’s urgency for technological sovereignty resonated through the summit. Henna Virkkunen, the European Commission’s digital chief, was one among the notable voices advocating for European alternatives amid rising geopolitical and trade tensions. At the same time, as Brussels pressures tech giants to fortify online safety for underage users, Roblox announced plans to implement thorough age verification, reflecting a global responsibility towards tech ethics.

The Future in Apps and Sporting Excellence

Another remarkable highlight was the “vibe coding” trend, celebrating users’ ability to create apps and websites seamlessly without complex coding skills. In an era marked by rapid evolution, the engaging clarity of Osika’s Lovable platform, which now witnesses 100,000 new products daily, epitomizes this emerging trend. On a broader scale, integrating AI into sports technology, as praised by Sharapova, holds promise in optimizing athlete performance and fan engagement.

The Web Summit 2025 was a testament to the evolving tech landscape, where new players are emerging, and Western dominance is no longer a foregone conclusion. The future holds a more diversified, collaborative, and vibrant technological frontier for the world to explore and innovate. As stated in South China Morning Post, this dynamic shift heralds a new era in the technology ecosystem.