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Tuya has announced its unaudited financial results for the second quarter of 2024, reporting total revenue of $73.3 million. The company emphasizes its commitment to leveraging emerging technologies, particularly generative AI, to enhance its business prospects. This strategic focus on innovation positions Tuya favorably in a competitive market.
The declaration of a special dividend reflects Tuya's strong financial performance and confidence in future growth. By integrating generative AI into its operations, Tuya aims to improve efficiency and drive new product development. This approach not only showcases the company's adaptability but also highlights the growing importance of AI in shaping business strategies.
• Tuya's revenue reached $73.3 million in Q2 2024.
• Generative AI is central to Tuya's future business strategy.
Tuya's commitment to generative AI aims to enhance product innovation and operational efficiency.
Tuya's integration of generative AI into its business model is expected to drive future growth and innovation.
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