Tuya Smart (NYSE: TUYA, HKEX: 2391), a global cloud platform service provider, is excited to announce its participation in IFA 2024, a landmark event in consumer electronics. From September 6th to 10th, the Berlin Exhibition Center will host an array of leading brands, technological giants, esteemed industry professionals, and consumers from across the globe, all convening to explore the technological advancements and product innovations shaping the industry.
With the theme of "Sustainable Innovations for AI," Tuya will showcase its cutting-edge AI products and solutions while engaging with global developers to discuss how AI can empower various industries, drive the implementation of AI applications, and contribute to sustainable development goals.
Highlight I: AI Emerges as a Pivotal Force, Unleashing a Wave of Groundbreaking Innovations
2024 marks a crucial juncture in AI's evolution, with remarkable strides made in text, image, video, and audio generation. Sora's breathtaking 1-minute simulation of real-world video and Suno's stunning musical compositions exemplify AI's boundless potential.
As the focus shifts towards harnessing the full potential of generative AI, there is a growing emphasis on overcoming technological barriers, expanding application possibilities, and further capitalizing on the enormous commercial value of GenAI.
At IFA, Tuya will put AI in the spotlight, showcasing an array of innovative products and solutions that seamlessly integrate AI technology. These innovations span five key application scenarios, including ambient lighting, home energy management, pet care, IPC video, and comfortable zones. Through these solutions, Tuya aims to enable global developers to forge ahead with pioneering AI hardware to enhance consumers' smart living experiences.
Take pet care as a prime example. Tuya-enabled pet hardware with AI algorithms offers unparalleled companionship and emotional fulfillment to pets. Tuya further extends its offerings with value-enhancing services like AI feeding assistant, pet health analysis, online pet doctor appointments and more, promoting a holistic approach to nurturing pets' healthy growth.
Highlight II: Sustainability Takes Center Stage, Unlocking New Horizons of Energy Conservation
Tuya’s IFA 2024 showcase not only demonstrates AI prowess but also underscores the importance of sustainability, ushering in a new era of energy efficiency. With its portfolio of revolutionary green solutions, Tuya is redefining energy usage across various aspects of life, spanning scenarios from homes, to travel, to solar energy storage, to innovative lighting solutions.
Amidst a growing trend towards green living, accelerated by global challenges like the energy crisis and the pursuit of carbon neutrality, nations worldwide are actively exploring paths towards sustainable development. The EU's 2022 Energy Independence Plan, aimed at reducing dependency on fossil fuels and accelerating the clean energy transition, exemplifies this global shift. Recognizing this pivotal moment, Tuya is prepared to seize the green transformation trend by offering iterative smart solutions tailored to different spaces and scenarios, enabling customers to stay ahead of the sustainable curve and reap the benefits of energy savings and reduced consumption.
At IFA 2024, Tuya will join forces with global developers to present a multitude of energy-saving technologies. Highlights will include revamped home energy management systems, AI-powered low-carbon smart travel solutions, and smart lighting solutions for parking lots, all achieving energy savings of over 80%. Together, these advancements will form a green wave sweeping through IFA, marking a new era of sustainable living.
Highlight III: Back-to-Back Events---The Tuya Global Developer Summit Makes Its Debut in Europe
As IFA 2024 celebrates its centenary milestone, Tuya will embark on an exciting journey to explore the compatibility of AI and sustainability with developers from across the globe through captivating interactive experiences, offering consumers new avenues to explore AI applications.
Various captivating events, including Tuya Connect and, notably, the inaugural European edition of the Tuya Global Developer Summit, will be held during IFA 2024. This historic technology event, spanning multiple cities internationally, promises to unite elite developers, industry titans, and visionary thinkers, fostering invaluable collaborations and insights into industry trends, cutting-edge technologies, and burgeoning market opportunities.
The European debut of the Tuya Global Developer Summit promises to redefine the limits of imagination. From revolutionary technology showcases to groundbreaking product launches that set the tone for future industry trends, to thought-provoking discussions among industry experts, attendees will be immersed in a vibrant experience showcasing the limitless potential of technological advancements.
Looking ahead, Tuya remains committed to partnering with global developers, spearheading the progression of AI technology, and charting a course towards a greener, more sustainable future.
