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P&R Measurement’s Industrial AI Agent at DesignCon 2025: Staying Ahead of the Intelligent Manufacturing Trend

SANTA CLARA, Calif., Jan. 31, 2025 /PRNewswire/ — P&R Measurement is showcasing its latest innovations at DesignCon 2025 in Santa Clara, California, one of the industry’s premier events for high-speed communications and system design from January 29 to 30. During this prestigious gathering, P&R Measurement is presenting a portfolio of AI-enhanced industrial solutions designed to meet the dynamic needs of today’s flexible manufacturing. Highlighting the company’s commitment to innovation, P&R Measurement also unveiled its industrial AI Agent, PRIME, aligning with the evolving trends in industrial production.

PRM was a big hit at DesignCon 2025
PRM was a big hit at DesignCon 2025

As AI technology is revolutionizing productivity, traditional manufacturing sectors are compelled to innovate to remain competitive. P&R Measurement is maintaining a competitive edge in this transformation with AI-empowered solutions that optimize flexible manufacturing systems, streamline manufacturing integration, and enhance human-machine collaboration. These advancements meet the growing demand for personalized, efficient manufacturing while driving the modernization of legacy industries.

Embracing the Age of AI Agents: PRIME Empowering Industrial Manufacturing

As we close out a transformative year in 2024, AI Agents—capable of perceiving their environment, understanding contexts, making decisions, and taking autonomous actions—are revolutionizing industries and unlocking vast potential. Aligning with its vision of “Empowering everyone to be an innovator,” P&R Measurement is actively embracing the shift toward smarter manufacturing with PRIME, an industrial AI Agent designed to upgrade testing, measurement, and manufacturing with intelligence and automation.

PRIME bridges the digital and physical worlds, transforming natural language commands into precise control of industrial equipment and systems. AI advancements have reduced the cost and complexity of deploying sophisticated technologies, allowing more people, particularly non-specialists, to use engineering solutions in real-world applications, as noted by Lei Wang, the Chairman of the company.

Looking ahead, P&R Measurement engineers foresee that as PRIME evolves, it will integrate diverse industrial platforms and manage large-scale workflows, boosting efficiency and promoting more sustainable manufacturing by reducing energy consumption. The company firmly believes that through AI integration and cross-industry collaboration, PRIME will catalyze transformative change in both industrial manufacturing and service sector. This strategic approach will not only create exceptional value for customers but also strengthen business’s competitiveness in an ever-evolving market.

Flexible Manufacturing Takes the Spotlight: P&R Measurement Advancing Smart Manufacturing Innovation

P&R Measurement is at the forefront of emerging industry trends, driving transformation across vertical markets. In response to rapid advancements in consumer electronics, home appliances, and automotive sectors, the company has leveraged its AI expertise to deliver high-performance solutions. P&R Measurement’s flexible manufacturing systems, including innovative automated testing and assembly lines, offer precision and reliability, making them essential tools for modern manufacturers.

At DesignCon 2025, P&R Measurement also introduces its Smart Lab—a platform that integrates advanced measurement, automation, digitalization, and AI-supported intelligence. Designed to accelerate product development, the Smart Lab provides R&D teams with an efficient, precise, and energy-saving testing environment. With the support of this platform, the company assisted a leading home appliance brand in optimizing resource, process, and data management. The client’s high-energy labs achieved an over 30% reduction in energy consumption, driving substantial R&D cost savings and boosting overall innovation efficiency.

Also featured at the exhibition were P&R Measurement’s A²S Lab, the sensory testing solutions and the A²TP, the flexible testing platform, designed to help customers swiftly complete complex validation tasks in the product development cycle. These solutions are key to enhancing product reliability and user experience. Partnering with a global consumer electronics leader, P&R Measurement delivered automated testing for circuit board functionality and performance in highly integrated electronic products. By embedding precise temperature control, modular instruments, advanced algorithms, and high-precision design, the company achieved outstanding stability, minimized re-test rates, and ensured accurate automation in circuit board testing.

Pioneering Global Change: P&R Measurement’s Strategic Vision for a Diverse Future

P&R Measurement is advancing its vision through the GD3 (Global Distributed Design and Delivery) strategy. Beyond enhancing its technological capabilities, the company is attracting top-tier talent from a wide range of fields and fostering a culture of innovation. By dedicating its efforts to upgrading intelligent manufacturing systems, P&R Measurement is driving advancements while maintaining its strong customer-centric focus.

Lei outlined P&R Measurement’s vision for the future: “We are committed to integrating state-of-the-art technologies to achieve three key goals: improving system efficiency and intelligence by addressing challenges in industrial measurement and automation, advancing flexible manufacturing to reduce CTM (Customer to Manufacturer) costs, and democratizing engineering capabilities by bridging the gap between natural and engineering languages to drive societal progress.”

 

P&R Measurement’s Industrial AI Agent at DesignCon 2025: Staying Ahead of the Intelligent Manufacturing Trend

SANTA CLARA, Calif., Jan. 31, 2025 /PRNewswire/ — P&R Measurement is showcasing its latest innovations at DesignCon 2025 in Santa Clara, California, one of the industry’s premier events for high-speed communications and system design from January 29 to 30. During this prestigious gathering, P&R Measurement is presenting a portfolio of AI-enhanced industrial solutions designed to meet the dynamic needs of today’s flexible manufacturing. Highlighting the company’s commitment to innovation, P&R Measurement also unveiled its industrial AI Agent, PRIME, aligning with the evolving trends in industrial production.

PRM was a big hit at DesignCon 2025
PRM was a big hit at DesignCon 2025

As AI technology is revolutionizing productivity, traditional manufacturing sectors are compelled to innovate to remain competitive. P&R Measurement is maintaining a competitive edge in this transformation with AI-empowered solutions that optimize flexible manufacturing systems, streamline manufacturing integration, and enhance human-machine collaboration. These advancements meet the growing demand for personalized, efficient manufacturing while driving the modernization of legacy industries.

Embracing the Age of AI Agents: PRIME Empowering Industrial Manufacturing

As we close out a transformative year in 2024, AI Agents—capable of perceiving their environment, understanding contexts, making decisions, and taking autonomous actions—are revolutionizing industries and unlocking vast potential. Aligning with its vision of “Empowering everyone to be an innovator,” P&R Measurement is actively embracing the shift toward smarter manufacturing with PRIME, an industrial AI Agent designed to upgrade testing, measurement, and manufacturing with intelligence and automation.

PRIME bridges the digital and physical worlds, transforming natural language commands into precise control of industrial equipment and systems. AI advancements have reduced the cost and complexity of deploying sophisticated technologies, allowing more people, particularly non-specialists, to use engineering solutions in real-world applications, as noted by Lei Wang, the Chairman of the company.

Looking ahead, P&R Measurement engineers foresee that as PRIME evolves, it will integrate diverse industrial platforms and manage large-scale workflows, boosting efficiency and promoting more sustainable manufacturing by reducing energy consumption. The company firmly believes that through AI integration and cross-industry collaboration, PRIME will catalyze transformative change in both industrial manufacturing and service sector. This strategic approach will not only create exceptional value for customers but also strengthen business’s competitiveness in an ever-evolving market.

Flexible Manufacturing Takes the Spotlight: P&R Measurement Advancing Smart Manufacturing Innovation

P&R Measurement is at the forefront of emerging industry trends, driving transformation across vertical markets. In response to rapid advancements in consumer electronics, home appliances, and automotive sectors, the company has leveraged its AI expertise to deliver high-performance solutions. P&R Measurement’s flexible manufacturing systems, including innovative automated testing and assembly lines, offer precision and reliability, making them essential tools for modern manufacturers.

At DesignCon 2025, P&R Measurement also introduces its Smart Lab—a platform that integrates advanced measurement, automation, digitalization, and AI-supported intelligence. Designed to accelerate product development, the Smart Lab provides R&D teams with an efficient, precise, and energy-saving testing environment. With the support of this platform, the company assisted a leading home appliance brand in optimizing resource, process, and data management. The client’s high-energy labs achieved an over 30% reduction in energy consumption, driving substantial R&D cost savings and boosting overall innovation efficiency.

Also featured at the exhibition were P&R Measurement’s A²S Lab, the sensory testing solutions and the A²TP, the flexible testing platform, designed to help customers swiftly complete complex validation tasks in the product development cycle. These solutions are key to enhancing product reliability and user experience. Partnering with a global consumer electronics leader, P&R Measurement delivered automated testing for circuit board functionality and performance in highly integrated electronic products. By embedding precise temperature control, modular instruments, advanced algorithms, and high-precision design, the company achieved outstanding stability, minimized re-test rates, and ensured accurate automation in circuit board testing.

Pioneering Global Change: P&R Measurement’s Strategic Vision for a Diverse Future

P&R Measurement is advancing its vision through the GD3 (Global Distributed Design and Delivery) strategy. Beyond enhancing its technological capabilities, the company is attracting top-tier talent from a wide range of fields and fostering a culture of innovation. By dedicating its efforts to upgrading intelligent manufacturing systems, P&R Measurement is driving advancements while maintaining its strong customer-centric focus.

Lei outlined P&R Measurement’s vision for the future: “We are committed to integrating state-of-the-art technologies to achieve three key goals: improving system efficiency and intelligence by addressing challenges in industrial measurement and automation, advancing flexible manufacturing to reduce CTM (Customer to Manufacturer) costs, and democratizing engineering capabilities by bridging the gap between natural and engineering languages to drive societal progress.”

 

P&R Measurement’s Industrial AI Agent at DesignCon 2025: Staying Ahead of the Intelligent Manufacturing Trend

SANTA CLARA, Calif., Jan. 31, 2025 /PRNewswire/ — P&R Measurement is showcasing its latest innovations at DesignCon 2025 in Santa Clara, California, one of the industry’s premier events for high-speed communications and system design from January 29 to 30. During this prestigious gathering, P&R Measurement is presenting a portfolio of AI-enhanced industrial solutions designed to meet the dynamic needs of today’s flexible manufacturing. Highlighting the company’s commitment to innovation, P&R Measurement also unveiled its industrial AI Agent, PRIME, aligning with the evolving trends in industrial production.

PRM was a big hit at DesignCon 2025
PRM was a big hit at DesignCon 2025

As AI technology is revolutionizing productivity, traditional manufacturing sectors are compelled to innovate to remain competitive. P&R Measurement is maintaining a competitive edge in this transformation with AI-empowered solutions that optimize flexible manufacturing systems, streamline manufacturing integration, and enhance human-machine collaboration. These advancements meet the growing demand for personalized, efficient manufacturing while driving the modernization of legacy industries.

Embracing the Age of AI Agents: PRIME Empowering Industrial Manufacturing

As we close out a transformative year in 2024, AI Agents—capable of perceiving their environment, understanding contexts, making decisions, and taking autonomous actions—are revolutionizing industries and unlocking vast potential. Aligning with its vision of “Empowering everyone to be an innovator,” P&R Measurement is actively embracing the shift toward smarter manufacturing with PRIME, an industrial AI Agent designed to upgrade testing, measurement, and manufacturing with intelligence and automation.

PRIME bridges the digital and physical worlds, transforming natural language commands into precise control of industrial equipment and systems. AI advancements have reduced the cost and complexity of deploying sophisticated technologies, allowing more people, particularly non-specialists, to use engineering solutions in real-world applications, as noted by Lei Wang, the Chairman of the company.

Looking ahead, P&R Measurement engineers foresee that as PRIME evolves, it will integrate diverse industrial platforms and manage large-scale workflows, boosting efficiency and promoting more sustainable manufacturing by reducing energy consumption. The company firmly believes that through AI integration and cross-industry collaboration, PRIME will catalyze transformative change in both industrial manufacturing and service sector. This strategic approach will not only create exceptional value for customers but also strengthen business’s competitiveness in an ever-evolving market.

Flexible Manufacturing Takes the Spotlight: P&R Measurement Advancing Smart Manufacturing Innovation

P&R Measurement is at the forefront of emerging industry trends, driving transformation across vertical markets. In response to rapid advancements in consumer electronics, home appliances, and automotive sectors, the company has leveraged its AI expertise to deliver high-performance solutions. P&R Measurement’s flexible manufacturing systems, including innovative automated testing and assembly lines, offer precision and reliability, making them essential tools for modern manufacturers.

At DesignCon 2025, P&R Measurement also introduces its Smart Lab—a platform that integrates advanced measurement, automation, digitalization, and AI-supported intelligence. Designed to accelerate product development, the Smart Lab provides R&D teams with an efficient, precise, and energy-saving testing environment. With the support of this platform, the company assisted a leading home appliance brand in optimizing resource, process, and data management. The client’s high-energy labs achieved an over 30% reduction in energy consumption, driving substantial R&D cost savings and boosting overall innovation efficiency.

Also featured at the exhibition were P&R Measurement’s A²S Lab, the sensory testing solutions and the A²TP, the flexible testing platform, designed to help customers swiftly complete complex validation tasks in the product development cycle. These solutions are key to enhancing product reliability and user experience. Partnering with a global consumer electronics leader, P&R Measurement delivered automated testing for circuit board functionality and performance in highly integrated electronic products. By embedding precise temperature control, modular instruments, advanced algorithms, and high-precision design, the company achieved outstanding stability, minimized re-test rates, and ensured accurate automation in circuit board testing.

Pioneering Global Change: P&R Measurement’s Strategic Vision for a Diverse Future

P&R Measurement is advancing its vision through the GD3 (Global Distributed Design and Delivery) strategy. Beyond enhancing its technological capabilities, the company is attracting top-tier talent from a wide range of fields and fostering a culture of innovation. By dedicating its efforts to upgrading intelligent manufacturing systems, P&R Measurement is driving advancements while maintaining its strong customer-centric focus.

Lei outlined P&R Measurement’s vision for the future: “We are committed to integrating state-of-the-art technologies to achieve three key goals: improving system efficiency and intelligence by addressing challenges in industrial measurement and automation, advancing flexible manufacturing to reduce CTM (Customer to Manufacturer) costs, and democratizing engineering capabilities by bridging the gap between natural and engineering languages to drive societal progress.”

 

HexClad’s “Unidentified Frying Object” Ad Lands At Super Bowl LIX

Rosewood Creative Spot Features Gordon Ramsay, Pete Davidson Cameo

First Cookware Brand To Advertise In Big Game History

LOS ANGELES, Feb. 1, 2025 /PRNewswire/ — HexClad, the most innovative kitchenware brand in the world, today unveiled “Unidentified Frying Object”, its first-ever Super Bowl commercial that will air during the big game on February 9. The historic :30 second spot stars culinary icon and HexClad partner Gordon Ramsay, who showcases the brand’s “out-of-this-world” technology alongside a surprise cameo appearance by actor and comedian Pete Davidson in an intergalactic kitchen escapade.

The “Unidentified Frying Object” ad marks another milestone in HexClad’s meteoric rise as a category disruptor and direct-to-consumer maverick. Set in Area 51’s high-tech test kitchen, this groundbreaking campaign blends culinary mastery with sci-fi intrigue, following a classified mission that reveals HexClad’s hybrid technology as an otherworldly discovery. Through surprise and delight, the ad takes viewers on an adventure that suggests the company’s revolutionary cookware might just be too advanced to have originated on Earth.

“Breaking barriers and pushing innovation is what HexClad does best,” said Daniel Winer, HexClad Co-Founder and CEO. “Being the first cookware brand in the Super Bowl is a watershed moment for us and I’m thrilled to share it with Gordon, Pete, Rosewood Creative and our talented global team as we continue reaching for the stars.”

Breaking new ground as the first cookware brand, and one of the few ever DTC brands, to advertise in the Super Bowl, HexClad launched its most ambitious campaign to date.  “Unidentified Frying Object” kicked off weeks before the game with a viral social media strategy, featuring Gordon Ramsay’s mysterious Area 51 visit and corroborating “evidence” from various sources, building intrigue around the unprecedented Super Bowl debut.  It will be further supported with congruent creative across their e-commerce site, an Area 51 Test Kitchen landing page, special sales promotions, and an integrated social media campaign.

“Unidentified Frying Object” was brought to life by Rosewood Creative, a dynamic full-service creative agency known for seamlessly bridging social and traditional advertising to drive lasting cultural impact. From the outset, their creative philosophy has been anchored in the belief that stories gain more traction and drive deeper engagement when they transcend traditional channels and conventional 30-second spots. With deep expertise in culture-first narratives and social behavior, Rosewood Creative was uniquely equipped to craft a compelling and cohesive thread for the entire HexClad campaign—one that not only showcases the brand’s innovative edge and drives product sales but also provides genuine value and entertainment to audiences across multiple touchpoints.

Renowned for its signature stainless steel hexagon pattern, hybrid technology and proprietary TerraBond™ ceramic surface, HexClad has been disrupting the traditional cookware business since their invasion in 2016. Responsible for spawning an entirely new “hybrid” category, HexClad continues to elevate the industry with award-winning innovation across cookware, kitchen tools, cutlery, accessories and more. 

About HexClad
HexClad is a global premium kitchenware brand renowned for its innovation. Headquartered in Los Angeles, HexClad designs and sells branded kitchenware products including cookware, cutlery, cutting boards, aprons and pioneering kitchen tools through direct-to-consumer channels and strategic retail relationships. Founded in 2016, HexClad disrupted the industry with its patented hybrid technology, combining stainless steel with non-stick, delivering exceptional performance, durability and ease of use. The company’s mission is to empower cooks of all levels with revolutionary products that break rules and challenge convention. This ethos has built a following of engaged brand loyalists worldwide. In 2023 and 2024, HexClad was recognized on the Inc. 5000 as one of the fastest growing brands in America. To learn more, visit www.hexclad.com.

Video – https://www.youtube.com/watch?v=2cK-v7sSiUI 

Logo – https://laotiantimes.com/wp-content/uploads/2025/01/hexclad_logo.jpg 

NYSE CONTENT ADVISORY: PRE-MARKET UPDATE FOR JANUARY 31st

NEW YORK, Jan. 31, 2025 /PRNewswire/ — The New York Stock Exchange (NYSE) is proud to offer a daily pre-market update directly from the NYSE Trading Floor. Access today’s NYSE Pre-market update for market insights before trading begins. 

 

NYSE CONTENT ADVISORY: PRE-MARKET UPDATE FOR JANUARY 31st

Kristen Scholer delivers the pre-market update on January 31st

  • January trading ends with stocks set to finish higher
  • DJIA is up 5.5% and the S&P 500 is up 3.2% in January
  • Apple shares rise after better than expected results

Watch NYSE TV Live every weekday 9:00-10:00am ET 

 

ICR Receives Unconditional ICROA Endorsement, Solidifying Commitment to High Integrity Carbon Credits

REYKJAVIK, Iceland, Jan. 31, 2025 /PRNewswire/ — The International Carbon Registry (ICR) has received unconditional endorsement of its carbon crediting program by the International Carbon Reduction and Offset Alliance (ICROA).This achievement solidifies ICR’s position among the foremost carbon standards in the voluntary carbon market (VCM).

ICROA is a globally recognized code of best practice committed to enhancing integrity in the carbon markets, ensuring that endorsed GHG programs comply with high standards across governance, registration, validation, and verification. The endorsement process involves stringent third-party assessments of a program’s ability to meet ICROA’s comprehensive criteria, which include environmental and social impact, independence, and stakeholder considerations. ICROA represents a benchmark for high-quality and integrity carbon crediting programs.

ICR’s achievement of this full endorsement is a testament to its robust processes and commitment to high-integrity carbon credit issuance. Furthermore, ICR is the second organization to receive full endorsement against the latest version of ICROA’s guidelines, which were updated last year with more stringent requirements, including conflict-of-interest management and transparency. Notably, ICR successfully completed the endorsement process in less than 12 months, demonstrating its commitment to efficiency, transparency, and best practices.

ICROA Approval and VCM Policy Director at IETA, Antoine Diemert, commented on the endorsement: “ICROA is pleased to add ICR to its list of endorsed crediting programs. ICR’s work incentivizes and accelerates the transition to a circular and sustainable industry, and their standard has successfully met all of ICROA’s criteria.”

The International Carbon Registry (ICR) currently has 121 projects listed on its platform, covering different sectors, both nature and technology based climate solutions on all continents. The program is supported by 20 Validation and Verification Bodies (VVBs), ensuring that all projects meet the requirements for registration and issuance of carbon credits. The ICR relies on ISO standards as its core, for projects, validation, verification and accreditation. In addition ICR compliments ISO standards with comprehensive and robust requirements, focusing on innovation, efficiency and standardization while safeguarding environmental and socio-economic integrity.

“Receiving ICROA’s endorsement is a significant milestone for the International Carbon Registry (ICR). This recognition validates the integrity of the ICR program. We firmly believe that innovation and integrity can coexist within the carbon markets, and we are dedicated to embracing both values as we continue to advance. Most importantly the endorsement enhances the credibility of the climate projects registered with the ICR, globally, reinforcing the trust in the quality ICR’s credits brings,” said Gudmundur Sigbergsson, International Carbon Registry’s Founder and CEO.

With this endorsement, awarded only 10 months after submission, ICR joins an exclusive group of carbon crediting programs endorsed for their high standards, providing confidence to companies and stakeholders relying on and trusting carbon credits and VCM in general, that ICR credits are additional, measurable, permanent, real, certified and aligned with sustainable development goals.

CONTACT:

Media Inquiries:
Alondra Silva Muñoz
Chief Marketing Officer
International Carbon Registry
alondra@carbonregistry.com

This information was brought to you by Cision http://news.cision.com

https://news.cision.com/international-carbon-registry/r/icr-receives-unconditional-icroa-endorsement–solidifying-commitment-to-high-integrity-carbon-credit,c4098985

The following files are available for download:

Closing of the Second Edition of the Global Labor Market Conference: Milestone Achievements and International Agreements to Shape the Future of Work

RIYADH, Saudi Arabia, Jan. 31, 2025 /PRNewswire/ — The Global Labor Market Conference (GLMC) 2025 successfully concluded its Second Edition at the King Abdulaziz International Conference Center in Riyadh, following two days of insightful discussions and agreements to develop the future of work. The event brought together a distinguished international audience, with over 10,000 participants, 40 labor ministers, and more than 200 global experts and speakers representing over 100 countries, reinforcing GLMC’s role as a dynamic global platform shaping the future of work.

 

Closing of the Second Edition of the Global Labor Market Conference: Milestone Achievements and International Agreements to Shape the Future of Work
Closing of the Second Edition of the Global Labor Market Conference: Milestone Achievements and International Agreements to Shape the Future of Work

 

After the opening ceremony, H.E. Eng. Ahmed bin Sulaiman Al-Rajhi, Minister of Human Resources and Social Development, delivered the keynote speech, where he unveiled the Global Labor Charter. This groundbreaking initiative was announced following a high-level Ministerial Roundtable, involving 40 labor ministers from around the world, and introduces eight key pillars, including youth workforce integration, readiness for digital transformation, investment in human capital, and enhanced collaboration between governments and industries to foster innovative, and employment-driven solutions.

Further solidifying the conference’s impact, H.E. Al-Rajhi announced the launch of the Labor Market Academy, a GLMC collaborative initiative with the World Bank and Takamol Holding, aimed at equipping future labor market leaders with advanced policymaking expertise. The academy’s inaugural cohort will include 30 participants, with plans to scale up to 600 participants within three years, fostering global knowledge exchange and policy innovation for adaptive labor markets.

Additionally, the conference introduced two GLMC Policy Labs, developed in partnership with the World Bank which served as dedicated platforms for critical discussions on labor market transformation. The Active Labor Market Programs (ALMPs) Lab focused on integrating youth into the workforce through tailored employment initiatives, while the Sectoral Skills Councils (SSCs) Lab is designed to enhance private sector involvement in skills development and workforce planning.

As a key driver of global labor market transformation, GLMC facilitated the signing of 70 memorandums of understanding (MOUs) and strategic agreements between government entities and private sector leaders, directly impacting over 300,000 individuals. These agreements focus on enhancing workforce skills, expanding employment opportunities, fostering innovation in labor policies, and strengthening global partnerships—all in alignment with Saudi Vision 2030 and GLMC’s mission to create resilient and adaptive labor markets.

In this context, several significant MOUs were signed between the public and private sectors, marking strategic partnerships aimed at strengthening the labor market, improving training and employment opportunities, developing skills, and empowering national talent across key sectors. Notable collaborations included the Ministry of Tourism, Takamol Holding, INSEAD, UiPath, Proven Arabia, BVIS, and the Saudi Digital Academy—each contributing to the advancement of education, workforce efficiency, and skill development.

In line with its commitment to research and analysis, GLMC unveiled an international report titled “Making Labor Markets Work for the Youth”, developed in collaboration with the World Bank. The report offers a comprehensive examination of economically inactive youth aged 15-24, exploring the economic and social implications of their disengagement from the labor market, and presents a strategic framework to tackle this issue, highlighting successful case studies and actionable solutions.

Over two days, 40-panel discussions were held, featuring 200 global speakers who explored key topics such as the impact of artificial intelligence and emerging technologies on employment, demographic shifts in labor markets, bridging the skills gap, and strategies to empower youth and promote green jobs. Sessions brought together distinguished figures from the public and private sectors, international organizations, and leading academics, fostering innovative solutions to enhance labor market sustainability.

Recognized as one of the most influential global platforms in global labor development, GLMC continues to cement its position as a premier international hub, bringing together governments, private sector leaders, global institutions, and thought leaders to facilitate knowledge exchange, analyze labor market trends, and design forward-thinking policies to keep pace with the rapid transformations in the world of work.

The success of the Global Labor Market Conference 2025 underscores Saudi Arabia’s dedication to shaping the future of work, driving innovation, and fostering global labor market progress. By strengthening partnerships and focusing on policy advancement, the conference sets the stage for a resilient, inclusive global workforce. GLMC’s transition into a year-round knowledge hub ensures ongoing collaboration and impactful action, reinforcing the Kingdom’s commitment to sustainable labor markets and advancing Saudi Vision 2030 through human capital development.

 

 

 

Options Market Recovers From Monday’s Sell-Off: Bybit and Block Scholes Analysis

DUBAI, UAE, Jan. 31, 2025 /PRNewswire/ — Bybit, the world’s second-largest cryptocurrency exchange by trading volume, has released the latest crypto derivatives report, published weekly with Blocks Scholes.

This week’s report highlights a significant risk-off event early in the week, as DeepSeek’s LLM announcement coincided with sharp declines across major indices and crypto markets. Despite this volatility, open interest in perpetual swaps remained stable, with funding rates momentarily turning negative before recovering. The options market also saw increased trading activity during the sell-off, even as forward-looking volatility expectations declined.

Key Insights:

  • BTC Open Interest Shows Minimal Movement – Despite the highest single-day trading volumes in BTC call options this month – reaching nearly $250 million during the spot price decline – volatility has continued to decline in both realized and implied terms. Short-tenor options are exhibiting lower volatility with a neutral skew, while longer-dated volatility smiles maintain a bullish bias towards out-of-the-money (OTM) calls, continuing a trend seen since the election.
  • ETH Options Maintain Bullish Momentum – Trading volume for ETH options has surged to its highest levels in a month, with open interest remaining heavily weighted toward calls. While the global market sell-off briefly impacted short-tenor ETH volatility smiles, ETH options have continued to trade at higher volatility levels relative to BTC. Despite ETH’s spot recovery lagging behind BTC’s, its options market remains strong.

Sources: Bybit, Block Scholes
Sources: Bybit, Block Scholes

  • Solana Options See Solid Open Interest – Following a price rally spurred by the launch of two presidential meme coins, Solana (SOL) has retraced alongside the broader crypto market. However, open interest in puts and calls remains elevated, with trading activity surpassing pre-rally levels. Stable levels of newly opened put options suggest strategic protective buying to hedge profitable long positions in other instruments.

The Bybit x Block Scholes Crypto Derivatives Analytics Report continues to provide actionable insights for traders and investors, offering a detailed breakdown of market trends and trading dynamics.

Access the Full Report here.

#Bybit / #TheCryptoArk /#BybitResearch

About Bybit

Bybit is the world’s second-largest cryptocurrency exchange by trading volume, serving a global community of over 60 million users. Founded in 2018, Bybit is redefining openness in the decentralized world by creating a simpler, open and equal ecosystem for everyone. With a strong focus on Web3, Bybit partners strategically with leading blockchain protocols to provide robust infrastructure and drive on-chain innovation. Renowned for its secure custody, diverse marketplaces, intuitive user experience, and advanced blockchain tools, Bybit bridges the gap between TradFi and DeFi, empowering builders, creators, and enthusiasts to unlock the full potential of Web3. Discover the future of decentralized finance at Bybit.com.

For more details about Bybit, please visit Bybit Press
For media inquiries, please contact: media@bybit.com
For updates, please follow: Bybit’s Communities and Social Media

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