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Tuya Smart's New Partnership with Mistral AI

In February 2025, Tuya Smart (NYSE: TUYA, HKEX: 2391), a global leader in cloud platform services, announced groundbreaking news in the world of AI technology. The company has officially integrated Mistral AI's latest model, 'Le Chat', into its Tuya Cloud developer platform. This integration positions Tuya as the first company to incorporate this cutting-edge model, leveraging its exceptional speed, open-source nature, and advanced capabilities to empower developers in their quest for innovation in AI hardware across Europe.

Mistral AI recently made headlines when its application, Le Chat, surged to the top of free app charts in France. This remarkable achievement not only disrupted the tech industry but also marked a significant advancement in European technology's position in the global AI race. Le Chat is known for its remarkable performance, processing 1,100 tokens per second—approximately 1,000 words—making it 13 times faster than the renowned ChatGPT. Furthermore, its image generation capabilities outshine those of DALL•E, while being compatible with both iOS and Android platforms.

Highlighting its significance at the recent AI Summit in Paris on February 10, Le Chat took center stage, accentuating Europe’s growing influence in the AI landscape.

As a trailblazer in the smart technology sector, Tuya has been closely monitoring advancements and market dynamics within Europe’s AI sphere. The company is committed to strengthening its presence, partnering with leading European brands like Schneider, Danfoss, Hama, and Calex. Through collaborative endeavors, Tuya aims to develop a robust ecosystem for smart hardware, ushering in a new era for intelligent consumer lifestyles on the continent.

Mistral AI's rise as a formidable player in the global AI industry underscores two critical aspects that characterize the European market: data security and innovation in AI hardware. Despite the growing interest, data security and compliance remain the most significant hurdles for AI commercialization in Europe. According to McKinsey reports, 73% of European consumers are hesitant to use AI applications that require cross-border data transfers due to privacy concerns. Following the European Union's enactment of the most robust AI legislation globally last year, which imposes stringent regulations on AI deployment, Tuya has made long-term investments in privacy protection, ensuring full compliance with EU regulatory frameworks.

In light of this integration, Tuya now offers localized data collection, storage, and processing, ensuring a closed-loop system that meets Europe’s strict data security requirements. Beyond data security, there is an increasing demand among European users for more practical AI hardware solutions. The European market for AI hardware is projected to have grown by 217% year-over-year in 2024, yet many SMEs face challenges such as high development costs and complex technological integration, creating a significant gap between supply and demand.

Addressing these market needs, Tuya Smart provides developers with an efficient and flexible development solution through its proven T-series modules and development platform for rapid deployment. The Tuya Cloud developer platform has drawn over 1.26 million developers, resulting in the creation of more than 2,800 categories of smart products, encompassing the entire industrial chain from manufacturers to distributors and agents. This ecosystem positions Tuya to fully address various demands across Europe regarding AI hardware.

Additionally, Tuya’s AI ecosystem extends beyond Mistral AI, incorporating leading global models such as DeepSeek, OpenAI, Claude, Gemini, and Nova. Developers can leverage Tuya’s AI hardware development platform to integrate audio, video, image, and text processing capabilities using a single SDK, allowing for customized and multi-model integration. Tuya's open ecosystem not only lowers the barriers for AI hardware development but also affords European developers greater flexibility to tackle diverse application challenges.

The integration of Mistral AI's flagship model signifies a major milestone in Tuya’s expansion within the European AI ecosystem. This collaboration transcends mere technical integration and reflects a strategic response to the evolving landscape of AI hardware development in Europe. Looking ahead, Tuya is dedicated to prioritizing data localization and an open ecosystem strategy, enabling developers to more easily launch projects and enhancing efficiency in AI hardware development to harness the opportunities of this new technological era.