Lisbon, Portugal, welcomed the opening of the Web Summit 2025, a major technology conference that drew a record 71,000 attendees from over 120 countries. Held at the Altice Arena and surrounding venues, the event featured more than 1,000 speakers, including tech leaders and innovators, across 20 stages. The summit showcased over 2,500 startups, with a focus on artificial intelligence, cybersecurity, and sustainable tech solutions. Attendees included 3,000 investors managing assets totaling $150 billion, highlighting the event’s economic impact. The Portuguese government reported a $300 million boost to the local economy from the summit, with hotel occupancy reaching 95% during the five-day event, which runs until August 23. Organizers noted a 15% increase in participation compared to the previous year, reflecting Lisbon’s growing status as a tech hub. The summit included 500 workshops and networking sessions, with key announcements such as a $50 million investment fund launched by a European venture capital firm for AI startups. Security measures involved 1,200 police officers, ensuring smooth operations for the 10,000 international media representatives covering the event. The success of Web Summit 2025 reinforces Lisbon’s role in global technology discussions, with plans already underway for the 2026 edition.
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