Tuya Inc - TUYA STOCK NEWS

Tuya Smart (NYSE: TUYA, HKEX: 2391) unveiled four core AIoT technology engines at its 2025 Global Developer Summit in Shenzhen. The company introduced the AI Agent Development Platform, which integrates major language models like DeepSeek, OpenAI, and Gemini, enabling single-line code integration for various AI functions.

Three additional engines were announced: Tuya.AI, offering end-to-end AI hardware development solutions that can integrate AI capabilities into smart devices in 10 minutes; TuyaOpen, an open-source development framework for AIoT industry featuring cross-platform compatibility and cloud-edge integration; and HEDV, an edge computing platform providing enhanced data security and customized development capabilities for enterprise scenarios.

The company also announced free access to Tuya AI Tokens for developers using Tuya solutions, aiming to accelerate global AI commercialization.

Tuya Smart (NYSE: TUYA, HKEX: 2391) has announced a strategic collaboration with DeepSeek to revolutionize smart home technology through emotionally intelligent AI companions. The partnership integrates DeepSeek's advanced AI model into Tuya's AIoT platform, enabling smart devices to provide emotional support and companionship.

The initiative transforms everyday devices like cleaning robots and smart photo frames into intuitive companions that can recognize and respond to users' emotional states. Key features include natural language processing, context modeling, and sentiment analysis capabilities that allow devices to engage in meaningful interactions.

The companies are exploring innovative product concepts including:

• Holographic Projection Companions for immersive interactions
• Pet Robots that simulate authentic pet experiences
• Soul Resonance Crystal Jewelry for emotional connection
• AI Magic Mirrors offering personalized lifestyle assistance

Tuya Smart (NYSE: TUYA, HKEX: 2391) is revolutionizing smart energy management through advanced AI integration. The company has developed a Home Energy Management System (HEMS) that combines power generation, storage, charging, and usage capabilities.

Tuya is integrating global AI models including ChatGPT, Tongyi Qianwen, DeepSeek, Gemini, and Amazon Nova to enhance smart device development. The company's AI-powered solutions include smart air conditioning systems that adapt to user behavior, intelligent lighting systems that optimize energy usage, and EV charging optimization.

The system extends to cloud-based energy management for commercial buildings and industrial parks, offering real-time energy consumption mapping and optimization. Notable features include leak detection in underground pipelines saving up to 1,500 tons of water annually, and rapid energy allocation during power disruptions within 0.5 seconds.

Tuya Smart (NYSE: TUYA, HKEX: 2391) has announced integration of the DeepSeek large language model into its AIoT platform to help developers create advanced home management robots. The global home service robot market, valued at USD 10.7 billion in 2023, is projected to reach USD 14.24 billion by 2030, growing at a 4.4% CAGR from 2024-2030.

The integration aims to address current market challenges including high technical costs and operational mismatches. The enhanced robots will feature bio-level interaction and cognitive enhancement capabilities, functioning as personal butlers. Key functionalities include:

• Daily life management with full-domain reasoning technology
• Emotional cognition and personalized interactions
• 24/7 family safety monitoring and emergency response

Tuya Inc (NYSE: TUYA; HKEX: 2391) reported strong Q4 2024 financial results with total revenue reaching US$82.1 million, up 27.4% year-over-year. The company achieved significant milestones including first-time profitability with Q4 net profits of US$9.8 million.

Key Q4 metrics show IoT PaaS revenue increased 25.7% to US$59.3 million, SaaS revenue grew 21.1% to US$11.5 million, and Smart solution revenue rose 45.5% to US$11.3 million. Overall gross margin improved to 47.8%, while non-GAAP operating margin reached 10.3%.

For full-year 2024, total revenue grew 29.8% to US$298.6 million, marking the company's first fiscal year of both operating profitability on a non-GAAP basis and net profitability on a GAAP basis. The company maintains a strong cash position of US$1.017 billion as of December 31, 2024.

Tuya Inc. (NYSE: TUYA) reported strong Q4 and fiscal 2024 financial results. Q4 total revenue increased 27.4% YoY to US$82.1 million, with IoT PaaS revenue up 25.7% to US$59.3 million. The company achieved Q4 net profits of US$9.8 million, compared to a loss of US$10.8 million in Q4 2023.

For full-year 2024, total revenue grew 29.8% to US$298.6 million. The company reached three key milestones: quarterly non-GAAP operating profitability, full-year non-GAAP operating profitability, and full-year GAAP profitability. Net profits were US$5.0 million, marking the first fiscal year of net profitability. Cash position remained strong at US$1.017 billion with seven consecutive quarters of positive operating cash flow.

Tuya Inc. released its Q4 and fiscal year 2024 unaudited financial results on February 26, 2025, from Santa Clara, California. No specific financial details were provided in the press release excerpt.

Tuya Smart (NYSE: TUYA, HKEX: 2391) has announced integration of its AIoT platform with DeepSeek's AI models to transform smart pet care devices. The partnership aims to address challenges in AI commercialization, where Gartner reports over 80% of AI projects fail beyond lab stage.

The collaboration comes amid projected pet industry growth of 45% in the next six years, with global revenues expected to exceed $500 billion by 2030. The integration will enable advanced features like real-time health monitoring, emotional analysis, and proactive care solutions.

The partnership showcases innovative concepts including brainwave translation collars, dream projectors, AI gene feeders, and odor socializers. These technologies aim to transform traditional pet monitoring into intelligent, proactive care systems capable of understanding pet emotions, health conditions, and social needs.

Tuya (NYSE: TUYA; HKEX: 2391), a global cloud platform service provider, has scheduled its fourth quarter 2024 unaudited financial results announcement for February 26, 2025, before market opens. The management will host a conference call at 8:00 AM Eastern Time (9:00 PM Hong Kong Time) on the same day to discuss the results.

The company has provided online registration links for both webcast and call participants. A live and archived webcast will be available on Tuya's investor relations website.