Efficient emission and confined molecular conjugation in aggregated/solid form, are two beneficial characteristics of blue organic light-emitting materials (OLEMs). Aggregation-induced emission molecules (AIEgens) have evolved as auspicious OLEMs that possess these properties. Herein, we discover an innovative sky-blue tetraphenylethene-based AIEgen, 4′,4‴-(1-phenyl-2-(4-(1,2,2-triphenylvinyl)phenyl)-1H-imidazole-4,5-diyl)bis(N,N-diphenyl-[1,1′-biphenyl]-4-amine) (2TPA-ITPE), with high thermal stability. By employing this AIEgen as a non-doped emitter, the constructed organic light-emitting diode demonstrates a maximum external quantum efficiency of 3.35 % with a power efficiency of 4.1 lm/W and high luminescence of 15896.92 cd/m2 2TPA-ITPE exhibits a weak donor-acceptor character. Moreover, to probe the photo-physical nature of this AIEgen, its excited-state dynamics are examined through ultrafast transient absorption spectroscopy (TAS). The TAS results of this OLEM unveil the generation of a resonant structure species owing to the elongation of C=C double bond. The excited state dynamics reveal that 2TPA-ITPE undergoes three processes after excitation (internal conversion, C=C elongation and vibrational cooling). These findings offer innovative insights into the ultrafast mechanisms underlying excited TPE-based OLEMs.