Tuya Inc. (NYSE: TUYA) shares surged 5.99% in pre-market trading on Friday, as the company showcased its cutting-edge AI innovations and announced growth plans at the prominent CES 2025 event in Las Vegas.
At the event, Tuya Smart presented a wide range of AI-powered hardware products, including smart rings that provide personalized health recommendations, AI-enabled earphones capable of automatically generating meeting minutes, and interactive AI dolls designed to engage and educate children. These innovative offerings demonstrated Tuya's capabilities in integrating AI technology into consumer products, exciting investors and driving up the stock.
Further fueling the rally, Tuya hosted its highly anticipated 'Tuya Developer Day,' unveiling plans to deepen the integration of AI capabilities into its cloud developer platform. The company also announced expanded partnerships with industry giants like Amazon Web Services, Apple, and Texas Instruments, signaling future growth opportunities in the rapidly evolving AI and smart home markets.
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