Tuya Inc. (NYSE:TUYA) Among Forbes China Top 50 AI Tech Enterprises

Tuya Inc. (NYSE:TUYA) is one of the 11 Hot Penny Stocks to Buy Right Now. On May 27, Forbes China released its China AI Tech Enterprises Top 50 list for 2025. The list recognized Tuya Inc. (NYSE:TUYA) as one of China’s top AI technology companies.

Tuya Inc. (NYSE:TUYA) was the only notable AI cloud platform featured in the list. The company’s platform integrates cutting-edge AI technologies with IoT, enabling developers and businesses to create smart, AI-driven products efficiently. The Forbes China list highlighted outstanding companies driven by AI innovation. It noted that companies that combine advanced technologies with industry expertise are poised to shape the technological era.

Tuya Inc. (NYSE:TUYA) is also supporting developers through events like the TUYA Global Developer Summit and AI Innovation Hardware Competition. Eva Na, Vice President of Marketing and Strategic Cooperation and CMO of Tuya Smart, noted that they will continue to leverage their technological strengths and open ecosystem to lower barriers of entry to AI adoption.

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Disclosure: None. This article is originally published at Insider Monkey.