Alex Yang, co-founder of Tuya Smart, at Summer Davos 2026: The future of competition in AI lies in practical application

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Tuya Smart used the Summer Davos forum to highlight its view that AI competition is shifting toward practical, large-scale deployment. Alex Yang described how Tuya is embedding AI into smart home, energy, and robotics use cases through standardized modules and a developer ecosystem. The company said its platform already connects with more than 800 European utilities to optimize energy usage with real-time pricing data. Tuya also emphasized a move toward outcome-based AI pricing and said it will keep expanding its open developer ecosystem worldwide.

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Tuya Inc.
$250M to $500M