Tuya Co-Founder Highlights Real-World AI Application Competition Tuya Smart co-founder Alex Yang told the Summer Davos forum that China's rapid AI adoption is driven by a vast user base, openness to new technology, and societal aspiration for progress. Yang highlighted Tuya's AI applications in smart home, energy, and robotics, including real-time pricing data from over 800 European utilities. Per Tuya's press release and Summer Davos coverage, Alex Yang , Co-Founder, COO, and CFO of Tuya Smart , spoke at the 17th Annual Meeting of the New Champions Summer Davos in Dalian on June 23-25, 2026. Yang participated in sessions including "China's Lobster Fever," "AI and Future Growth," and "Owning the Interface: Strategy in the Age of AI Agents," and described drivers of China's rapid AI adoption. Per Tuya, Yang said, "First, the country has a vast number of users developers who are actively exploring and building AI applications. Second, both individuals and businesses have demonstrated a remarkable openness for exploring and testing new technologies. More fundamentally, the strong aspiration across society for development and progress has become a powerful intrinsic driver of AI innovation." Reporting by Stocktitan adds that Yang highlighted Tuya's AI work across smart home , energy , and robotics , and noted use of real-time pricing data from more than 800 European utilities .