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Tuya Inc. Partners with Volcano Engine to Enhance AI Integration

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Tuya Inc. Partners with Volcano Engine to Enhance AI Integration

Tuya, Inc. Class A ( (HK:2391) ) has provided an announcement.

Tuya Inc. has announced a strategic partnership with Beijing Volcano Engine Technology Co., Ltd. to integrate the Doubao large language model into the Tuya Cloud Developer Platform. This collaboration aims to advance AI applications across multiple fields by combining Tuya’s and Volcano Engine’s strengths in AI hardware and cloud-native technologies. The partnership will support AI hardware developers in creating innovative products and solutions, facilitating the development of next-generation smart entertainment products. This initiative is expected to drive industry development and enable AI to become more accessible and integrated into everyday life.

More about Tuya, Inc. Class A

Tuya Inc. is a company incorporated in the Cayman Islands, known for its expertise in AI hardware development and AI cloud-native technologies. The company focuses on integrating artificial intelligence into various sectors, including toys, gaming, and entertainment, to enhance user experiences and drive innovation.

YTD Price Performance: 100.0%

Average Trading Volume: 139,559

Technical Sentiment Consensus Rating: Sell

Current Market Cap: HK$18.14B

For a thorough assessment of 2391 stock, go to TipRanks’ Stock Analysis page.

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