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Tuya Smart Leads Industry Innovation with Groundbreaking Generative AI Integration

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NEW YORK, June 7, 2024 /PRNewswire/ — On May 29, 2024, Tuya Smart (NYSE: TUYA, HKEX: 2391), a leading global cloud platform service provider, hosted the 2024 TUYA Global Developer Summit in Futian, Shenzhen. The summit featured a collaboration with industry leaders through a series of themed forums. The main forum was structured into two sessions, the first focusing on “GenAI+IoT: Driving Smarter Spaces,” which emphasized the integration of emerging technologies like GenAI with smart devices to foster a low-carbon and intelligent living environment, thereby paving the way for a more sustainable future.

The forum attracted esteemed participants such as Zoltán Karászi, Managing Director of TAM Cert; Dr. Yaxiao Liu, CTO of AWS GCR; Kaixin Lin, Consultant for the Climate and Environment Programme at the United Nations Global Compact; Leo Chen, Co-Chairman and President of Tuya Smart; Eva Na, Vice President of Marketing and Strategic Cooperation and CMO of Tuya Smart; Mengrou Deng, Developer Platform Product Head; and Will Yu, Chief AI Scientist and Head of Tuya Smart’s AI Algorithm Research Center. Together, they delved into the innovative applications of GenAI and the practical implementations of sustainable development.

Alongside the rise of large language models and the accelerating singularity in AI development, various industries are undergoing a technological revolution. As a trailblazer in smart technology, Tuya Smart is actively integrating GenAI and achieving significant progress in intelligent device experiences and AI spatial scenarios. This progress is rapidly propelling advancements in device smartization, spatial smartization, and intelligent solutions, offering customers and users cutting-edge GenAI product value. During the main forum, Tuya Smart shared and elaborated on its latest technological advancements.

At the commencement of the summit, Leo Chen, Co-Chairman and President of Tuya Smart, delivered opening remarks. He stated, “The industrial revolution spurred by technological advancements is profoundly transforming the industry’s landscape and fostering novel business prospects. Generative AI’s catalytic effects are poised to unleash a plethora of innovative product experiences, application scenarios, and business models. As a pioneer and advocate of intelligent industry, Tuya is wholeheartedly embracing cutting-edge technologies, including generative AI, with a dedication to streamlining research and development processes for global developers, elevating product smartness, and fostering innovative AI applications across a diversity of industries. We remain committed to offering comprehensive intelligent solutions and robust platform support to global developers.”

In recognition of its remarkable achievements in data protection, Zoltán Karászi, the Managing Director of TAM Cert, granted TUYA GmbH the Europrivacy GDPR certification. This certification, as the sole data protection seal authorized for use across the European Union, is endorsed by the European Commission of Data Protection and aligns with the provisions of the General Data Protection Regulation. This attestation validates that, as outlined in Article 42 of the GDPR, TUYA GmbH’s certified data processing operations adhere to the necessary requirements in all EU nations. Notably, TUYA GmbH is the first enterprise globally to receive this certification since the inception of the Europrivacy GDPR certification scheme, which grants the only data protection seal that is valid across all EU countries.

Subsequently, in a thorough exploration of Tuya’s AI capabilities, Mengrou Deng delivered a captivating speech titled “AI-Led Exploration: A New Future”. In her speech, Deng, the Developer Platform Product Head, emphasized that “Tuya, an open and neutral cloud developer platform, remains steadfast in its commitment to providing innovative, low-threshold solutions, software applications, and intelligent products to developers worldwide. With the aid of GenAI technology, our cloud developer platform has undergone a significant upgrade, introducing developer AI agents, AppAI smart home models, AI consumer insights, and AI entity development platforms that can interact with smart devices. These advancements have not only bolstered our product capabilities but have also brought an unparalleled intelligent, convenient, and streamlined development experience to developers globally.”

Will Yu, Chief AI Scientist and Head of Tuya Smart’s AI Algorithm Research Center, presented his expert perspective on AI large language models in a speech titled “Cube Cloud & Space Model”. Yu stated, “The emergence of scene-specific smart models is a pivotal breakthrough for enterprises to integrate large language models and drive application innovation. Recognizing this trend, Tuya has unveiled its first AI large language model, Cube AI. By harnessing the power of this model, Tuya enables developers to create intelligent solutions such as energy-efficient buildings and enhanced life safety. Furthermore, leveraging Tuya’s Cube Cloud product matrix, we can help global developers to establish their own private smart management platforms that will enable them to efficiently address challenges such as unified management in enterprise layouts and mismatched project progress. This, in turn, will propel enterprises towards more flexible and tailored industry scenario applications.”

Dr. Yaxiao Liu, CTO of AWS GCR, spoke about the topic “AI Empowerment: Ushering in a New Era of IoT.” He stated, “In the current landscape, GenAI technology is advancing rapidly. For enterprises, GenAI not only reduces the cost of AI innovation but also significantly expands the boundaries of possibility. The seamless integration of GenAI and IoT technology promises to enhance customers’ intelligent experience and strengthen device network capabilities. It is clear that harnessing GenAI to drive application innovation will become a dominant trend in the future. AWS and Tuya will collaborate to empower enterprises in IoT industry for developing their own GenAI applications, thus accelerating their foray into the promising realm of intelligent IoT.”

As intelligent technologies like AI, IoT, and cloud computing continue to evolve, social productivity has experienced a significant improvement. While economic gains are crucial, societal benefits are equally as important. Especially under the commitments of the “dual carbon” target, enterprises must aspire towards long-term sustainable development, simultaneously embracing ESG principles and fostering a more intelligent, green, and user-friendly business environment.

Eva Na, Vice President of Marketing and Strategic Cooperation and CMO of Tuya Smart, outlined the roadmap for global sustainable development for developers worldwide, urging them to become active contributors to ESG practices. She emphasized, “The essence of ESG is the alignment and synchronization of social values and commercial values, which fosters a mutual enhancement of both in various aspects of enterprise operations. In order to enable developers globally to achieve sustainable development with minimal obstacles, Tuya remains committed to refining and advancing cutting-edge technologies and solutions like GenAI, ensuring intelligence is integrated into every scenario. Looking ahead, Tuya will adhere steadfastly to its founding principles, forge deep ties with all stakeholders in sustainable development, and collaborate to accelerate the creation of a greener, more user-friendly, and more intelligent world.”

Kaixin Lin, Consultant for the Climate and Environment Programme at the United Nations Global Compact, remarked, “The ten principles of the United Nations Global Compact span the domains of environment, human rights, labor, and anti-corruption. Over time, these principles have evolved into sustainable development and ESG standards across various sectors, encompassing net-zero initiatives and corporate objectives. As ESG concepts continue to gain traction after two decades of usage, we encourage more participants to harness the power of business for good, persist in executing innovative, inclusive, and green endeavors, and implement responsible business strategies.”

At the summit, Eva Na, Vice President of Marketing and Strategic Cooperation, and CMO of Tuya Smart, collaborated with key figures from various organizations, including Kaixin Lin, Consultant for the Climate and Environment Programme at the United Nations Global Compact, Qian Wang, Deputy Director of the New Energy and Low Carbon Development Research Center of China (Shenzhen) Comprehensive Development Research Institute, Zigao Zhao, Deputy Editor in Chief of Energy Magazine, Xudong Liu, General Manager of Ascendas One Hub GKC of Kaide Investment (China), Tiangang Qin, Director of Lenovo Group, Weiwei Xie, Vice President and General Manager of the New Energy Division of the Goneo Group, Martin Li, Ph.D, Deputy General Manager of ESS BU of Geely Viridi Energy Mobility Technology, and Dr. Yaxiao Liu, CTO of AWS GCR. Their joint efforts focused on addressing critical ESG (Environmental, Social, and Governance) issues. Through the Sustainable Joint Initiative Ceremony, these leaders demonstrated their commitment to green and low-carbon development, and pledged to actively work towards sustainable development and zero carbon emissions goals.

With the conclusion of the first half of the summit, Tuya highlighted its innovative capabilities and strategic vision in the GenAI (Generative Artificial Intelligence) field. Over the course of several presentations on various themes, Tuya showcased intelligent solutions and products that aim to guide the industry towards a smarter, more environmentally friendly and sustainable future. As the AI era advances, Tuya remains dedicated to exploring the boundless potential of intelligent technology alongside global developers.

View original content:https://www.prnewswire.com/news-releases/tuya-smart-leads-industry-innovation-with-groundbreaking-generative-ai-integration-302166941.html

SOURCE Tuya Smart

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Keynode Launches BTC Staking Service as Bitcoin Approaches $100K Milestone

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Keynode introduces a new BTC staking service, offering users an opportunity to earn rewards as Bitcoin nears the $100K milestone.

NEW YORK , Nov. 16, 2024 /PRNewswire-PRWeb/ — Keynode, a recognized leader in the crypto staking platform, is excited to introduce its latest BTC staking option, providing a unique opportunity for investors to participate in Bitcoin‘s growth journey. This new staking service aims to enable users to benefit from Bitcoin‘s market potential while contributing to broader adoption as Bitcoin targets the highly anticipated $100K threshold.

As one of the first platforms to offer Bitcoin staking in a straightforward, user-friendly manner, Keynode positions itself as a valuable tool for investors seeking to earn passive income through cryptocurrency. By offering a BTC staking option, Keynode combines the power of Bitcoin‘s market strength with the stability and growth potential of a staking-based approach. This program allows investors to stake their Bitcoin holdings and generate a steady yield, without needing to trade or sell assets.

Accessible Staking with Competitive Rewards

The BTC staking service on Keynode is designed to attract both new and experienced investors interested in diversifying their crypto portfolios. Keynode’s platform features an accessible structure with competitive staking rewards, making it appealing for a wide range of users. With staking periods and potential yield options crafted to meet different financial goals, Keynode ensures that users can tailor their participation according to their preferred level of commitment and growth expectation.

Driving Market Participation with Innovative Solutions

As Bitcoin continues to garner attention from both retail and institutional investors, reaching record highs has become a topic of market speculation. Keynode’s BTC staking program contributes to this momentum by offering secure and user-centric ways to support the Bitcoin ecosystem. As more individuals choose to stake BTC, the overall scarcity and demand for Bitcoin may be influenced, helping support a long-term vision of reaching new price heights.

“BTC staking represents a forward-looking approach in cryptocurrency investments,” said a Keynode spokesperson. “With this service, we are making it simpler for investors to stay invested in Bitcoin while also enjoying staking rewards, which aligns with Bitcoin‘s journey toward greater market adoption and potentially even the much-anticipated $100K mark.”

About Keynode

Keynode is a leader in crypto staking solutions, dedicated to offering accessible and reliable staking options for users across the globe. With a commitment to security and user-friendly features, Keynode continues to innovate in the crypto space, providing services that support investors in reaching their financial goals.

For more information on Keynode’s BTC staking service, visit Keynode.net or contact Keynode at (+1) 678-310-6834 or info@keynode.net.

Media Contact

Kiven Scott, Keynode, (+1) 678-310-6834, info@keynode.net, https://keynode.net/

View original content to download multimedia:https://www.prweb.com/releases/keynode-launches-btc-staking-service-as-bitcoin-approaches-100k-milestone-302307613.html

SOURCE Keynode

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Sustainable Infrastructure Holding Company (“SISCO”) Q3FY24 revenue (excluding accounting construction revenue) increases by 23.8% to 341.8 million

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Revenue grew by 23.8% compared to previous yearGross profit of SAR 179.8 million, a 21.7% increase compared to Q3FY23Adjusted EBITDA rose 29.5% to SAR 210.2 million

JEDDAH, Saudi Arabia, Nov. 16, 2024 /PRNewswire/ — Sustainable Infrastructure Holding Company (“SISCO”, “TADAWUL: 2190”), Saudi Arabia’s leading strategic investor in Ports & Logistics and Water Solutions has announced its financial results for the quarter ended 30 September 2024.

Revenues for the third quarter of 2024, excluding accounting construction revenue, grew by 23.8% compared to Q3FY23 to reach SAR 341.8 million. On a quarter-to-quarter basis, revenues grew by 13.0% compared to Q2FY24.

The third-quarter gross profit of SAR 179.8 million represents 14.7% quarter-on-quarter growth and 21.7% growth compared to Q3FY23. The gross profit margin for Q3FY24 was down 0.9% year-on-year, due to increased depreciation and direct costs, but was up 0.8% quarter-on-quarter, in line with expectations. Year-to-date saw gross profits increase by 13.8% to SAR 469.5 million.

Adjusted EBITDA growth rose 29.5% to SAR 210.2 million compared to Q3FY23, aligning SISCO with strategic goals. Quarter-on-quarter growth was 20.8%, with a year-to-date increase of 17.7% to SAR 543.8 million.

SISCO reports a strong recovery in the Red Sea Gateway Terminal from subdued Q3FY23 Port segment results due to the Red Sea situation. Port volume reached 828,868 TEUs in Q3FY24, returning to levels similar to Q4FY23.

Commenting on the results: Eng. Khalid Suleimani, Group CEO, SISCO said:

“I am pleased to report that SISCO has continued to demonstrate strong growth and operational performance in Q3FY24, with revenues improving by 23.8% compared to Q3FY23. Our Ports segment, which remains a key growth driver, saw a significant increase, leading to robust results despite the Red Sea challenges.

Net income remains strong, despite the one-off payment of SAR 25 million to Zakat. Another highlight of the quarter is the impressive recovery in the Red Sea Gateway Terminal, highlighting it’s resilience.

We are also excited to announce the Multi-Purpose Terminals (MPT) concession, which will allow us to expand operations across all non-containerised port facilities in the Red Sea Gateway Terminal. This strategic initiative positions SISCO to capture further growth opportunities domestically and internationally.

Looking ahead, we remain committed to executing our five-year strategy to double revenues by 2026 and continue delivering long-term value to our shareholders.”

View original content:https://www.prnewswire.co.uk/news-releases/sustainable-infrastructure-holding-company-sisco-q3fy24-revenue-excluding-accounting-construction-revenue-increases-by-23-8-to-341-8-million-302307352.html

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Carbon Mapper Achieves First Tanager-1 Methane Mitigation Success

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BAKU, Azerbaijan, Nov. 16, 2024 /PRNewswire/ — Carbon Mapper released over 300 methane and CO2 plume detections today— its first tranche of emissions data based on observations from the Tanager-1 satellite which was launched in August. Tanager-1 is built and operated by Planet Labs PBC and made possible by the Carbon Mapper Coalition, a philanthropically backed public-private partnership including Planet Labs and NASA’s Jet Propulsion Laboratory among others. This data offers granularity on sources of super-emitters around the world, driving direct actions to cut methane and carbon dioxide as proven by an early mitigation success story.

Tackling methane is a global priority. This mitigation success shows how remote sensing tech can be a game changer.

On Oct. 9, Tanager-1 detected a large plume of methane which Carbon Mapper determined was stemming from a gathering pipeline in the Texas Permian Basin. The team reported the leak to a state agency and the U.S. government, who subsequently notified the facility operator. The operator quickly responded and voluntarily conducted repairs, leading to meaningful emissions reduction. Follow up observations from Tanager-1 detected no plume, confirming the leak was successfully fixed.

Carbon Mapper’s preliminary emissions estimate of this leak is approximately 7,000 kilograms of methane per hour. Each hour it was emitting equaled the same CO2 emissions as driving 47 gas-powered cars for a year.

This first verified methane mitigation action adds to existing evidence that when decision makers are empowered with data on the exact sources of emissions, they can effectively prioritize actions that cut waste and eliminate methane. This mitigation is consistent with pilot airborne surveys Carbon Mapper has conducted in several U.S. states including California and Colorado. Through these pilots, Carbon Mapper has found that nearly half of super-emitting events flagged for state agencies and operators were previously unknown, and once identified, were voluntarily mitigated.

“Tackling methane quickly is a crucial global priority. This early mitigation success story shows that remote sensing technologies with unique capabilities like Tanager-1 can be a gamechanger in driving down emissions in the near-term,” said Carbon Mapper CEO Riley Duren.

To scale these local mitigation successes globally, Carbon Mapper is making new data from Tanager-1 publicly available on its data portal. These include detections of methane and CO2 in 34 countries across the oil and gas, waste, and agriculture sectors. This work is supported by the High Tide Foundation, Grantham Foundation for the Protection of the Environment, Bloomberg Philanthropies, Children’s Investment Fund Foundation, AKO Foundation, and Zegar Family Foundation, among others.

In the coming months, Carbon Mapper will continue to scale up observations and make methane and CO2 data routinely accessible to help decision makers fill gaps in their understanding of the exact sources of emissions and empower mitigation action at the source. These routine detections will be made publicly available for non-commercial use 30 days after collection. Together, with complementary satellite programs, like the Environmental Defense Fund’s MethaneSAT, Carbon Mapper will provide transparent data at different levels of granularity and ensure that the information gets into the right hands to catalyze faster and more effective emissions reductions.

Special Note to Reporters:
More information, including plume images and key data from Tanager-1, can be found in our press package here

About Carbon Mapper
Carbon Mapper is a nonprofit organization based in Pasadena, CA, with the mission to drive greenhouse gas emissions reductions by making methane and carbon dioxide data accessible and actionable. It focuses on filling gaps in the emerging ecosystem of methane and CO2 monitoring systems by delivering data at facility scale that is precise, timely, and accessible to empower decision making and direct mitigation action. The organization leads a public-private coalition that is developing and deploying a constellation of satellites capable of detecting, quantifying, and verifying methane emissions worldwide. Data from these satellites will offer the next major step in scaling up the organization’s robust data portal featuring thousands of direct observations of global methane and CO2 super-emitters. Learn more at carbonmapper.org, view data at data.carbonmapper.org, and follow us on X @carbonmapper.

View original content to download multimedia:https://www.prnewswire.com/news-releases/carbon-mapper-achieves-first-tanager-1-methane-mitigation-success-302307601.html

SOURCE Carbon Mapper Inc.

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