DALIAN, China, June 26, 2026 /PRNewswire/ -- The 17th Annual Meeting of the New Champions (AMNC, also known as "Summer Davos") of the World Economic Forum was held from June 23 to 25 at the Dalian International Conference Center. Alex Yang, Co-Founder, COO, and CFO of Tuya Smart (NYSE: TUYA; HKEX: 2391), was invited to participate in multiple sessions, including "China's Lobster Fever," "AI and Future Growth," and "Owning the Interface: Strategy in the Age of AI Agents," where he shared his perspectives on the evolving global AI landscape and the future of innovation at scale.
Under the theme of "Innovating at Scale," the forum convened more than 1,700 leaders and innovators from government, business, and academia across over 90 countries and regions to explore how artificial intelligence, industrial digitalization, and emerging innovation models are reshaping economic growth and technology adoption.A New Phase of Global AI InnovationBreakthroughs in foundation models and AI agents are accelerating the rise of artificial intelligence as a new frontier of global technological competition. China's AI industry and technology enterprises have drawn growing international attention through rapid commercialization and extensive application scenarios. Reflecting this momentum, AI and digital transformation were among the most discussed topics at Summer Davos, with sessions exploring topics such as the boundaries of AI-first enterprises and the implications of increasingly autonomous cross-border AI agents.Behind China's "Lobster Fever"The widespread adoption of AI tools was among the forum's defining themes. During the session "China's Lobster Fever," Yang joined Cathy Li, Head of AI, Data and Metaverse at the World Economic Forum, and S. Alex Yang, Professor of Management Science and Operations at London Business School, to discuss the factors driving China's rapid AI adoption and innovation.
