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BingX Labs Contributes $10M in StakeStone to Advance Omnichain Liquidity Solutions

PANAMA CITY, Feb. 13, 2025 /PRNewswire/ —  BingX Labs, the innovation arm of cryptocurrency exchange BingX, has supplied $10 million to StakeStone, an omnichain liquidity infrastructure, to accelerate the development of omnichain liquidity staking and StakingFi applications. As a leading blockchain innovation incubator, BingX Labs conducted this strategic contribution aiming to support multi-chain expansion, liquidity optimization, and the adoption of staking technologies, enhancing blockchain financial services and improving capital efficiency across decentralized ecosystems.

BingX Labs Contributes $10M in StakeStone to Advance Omnichain Liquidity Solutions
BingX Labs Contributes $10M in StakeStone to Advance Omnichain Liquidity Solutions

The demand for Liquidity Staking Derivatives (LSDs) has surged with users increasingly seeking flexible income solutions. At the same time, StakingFi is emerging as a key innovation in decentralized finance, enabling more efficient capital utilization. This new collaboration between BingX Labs and StakeStone will address these industry needs by optimizing liquidity infrastructure and pioneering new cross-chain asset protocols.

As part of this cooperation, the $10 million fund will support Stakestone’s ecosystem development as both parties will explore innovative directions of growth, including cross-chain asset protocols and StakingFi product integration, while expanding real-world applications for omnichain staking technology. Resources will also be allocated to advancing on-chain inclusive finance, making blockchain financial services more accessible and lowering the entry barrier for users.

Vivien Lin, Head of BingX Labs, commented: “StakeStone’s omnichain staking technology represents a significant leap forward in capital efficiency and StakingFi applications.” Charles K, Founder of StakeStone, added: “This partnership with BingX Labs is a notable occasion for StakeStone. Together, we will redefine liquidity staking and expand the future of real-world blockchain applications.”

The partnership will initially focus on strengthening liquidity infrastructure for cross-chain efficiency while advancing StakingFi products, education, and community incentives for long-term growth. This collaboration is expected to explore new use cases in liquidity staking and expand the role of blockchain technology in decentralized finance to empower a broader range of users worldwide.

About BingX 

Founded in 2018, BingX is a leading crypto exchange, serving over 10 million users worldwide. BingX offers diversified products and services, including spot, derivatives, copy trading, and asset management – all designed for the evolving needs of users, from beginners to professionals. BingX is committed to providing a trustworthy platform that empowers users with innovative tools and features to elevate their trading proficiency. In 2024, BingX proudly became the official crypto exchange partner of Chelsea Football Club, marking an exciting debut in the world of sports.

For more information please visit: https://bingx.com/

Altair and LTTS Launch 5G-6G Wireless Center of Excellence to Shape the Future of Telecommunications Innovation

CoE to provide leading 5G-6G capabilities for clients in telecommunications, smart factories, connected vehicles, and healthcare

TROY, Mich., Feb. 13, 2025 /PRNewswire/ — Altair (Nasdaq: ALTR), a global leader in computational intelligence, and L&T Technology Services (BSE: 540115, NSE: LTTS), a global leader in digital engineering and R&D services, announced the launch of a groundbreaking 5G-6G Wireless Center of Excellence (CoE).

Altair and L&T Technology Services announced the launch of a groundbreaking 5G-6G Wireless Center of Excellence.
Altair and L&T Technology Services announced the launch of a groundbreaking 5G-6G Wireless Center of Excellence.

The CoE will combine Altair’s best-in-class design and simulation tools with LTTS’s domain expertise to harness the potential of 5G and 6G networks to address challenges like connectivity breakdowns, high operational costs, and slower innovation cycles in industries like telecommunications, automotive, manufacturing, healthcare, and beyond. 

“5G and 6G technologies are reshaping the way industries operate, innovate, and deliver value,” said Stephanie Buckner, chief operating officer, Altair. “This CoE is a testament to our vision of helping organizations in all industries capitalize on the unparalleled potential of wireless technologies. Together with LTTS, we are providing the foundation for smarter, faster, and more efficient solutions – no matter the industry.”

“The launch of this CoE signifies a transformative leap in wireless innovation that transcends industries,” said Alind Saxena, executive director and president, mobility and tech, LTTS. “Our collaboration with Altair brings together cutting-edge simulation technology and domain expertise, enabling diverse industries to unlock the full potential of 5G and 6G. This partnership is a key milestone in building a more connected, intelligent, and efficient world.”

The CoE will focus on diverse initiatives to empower businesses with wireless solutions to include use cases such as:

  • 5G-6G network planning
  • 6G reflective intelligent surfaces and RF design and development
  • Enhancements to wireless connectivity for applications in smart factories, connected vehicles, healthcare (remote monitoring), manufacturing (automated systems)
  • Digital twins of 5G and 6G networks
  • Connected mobility and network failure predictions

These use cases will be powered by the Altair® HyperWorks® and Altair® RapidMiner® platforms. The CoE will offer hands-on training, workshops, and collaborative spaces to help industries adopt and adapt wireless technologies to their unique challenges. Overall, the CoE will enable the creation of smarter infrastructure, drive more efficient operations, and foster better decision-making.

For its cutting-edge work in simulation, predictive analytics, and real-time data integration through digital twin technology, LTTS was awarded the Partner of the Year Award at the 2025 Altair Channel Partner Awards.

For more information about Altair’s 5G solutions, visit https://altair.com/5g.

About Altair
Altair is a global leader in computational intelligence that provides software and cloud solutions in simulation, high-performance computing (HPC), data analytics, and AI. Altair enables organizations across all industries to compete more effectively and drive smarter decisions in an increasingly connected world – all while creating a greener, more sustainable future. To learn more, please visit www.altair.com.

About L&T Technology Services Ltd
L&T Technology Services (LTTS) is a global leader in engineering and technology services. A listed subsidiary of Larsen & Toubro (L&T), we offer design, development, testing, and sustenance services across products and processes. Purposeful. Agile. Innovation. is how we drive growth across the Mobility, Sustainability, and Tech segments. Our customer base includes 69 Fortune 500 companies and 57 top ER&D companies across industrial products, medical devices, transportation, telecom & hi-tech, and process industries. Headquartered in India, we have over 23,460 employees across 22 global design centers, 30 global sales offices, and 108 innovation labs, as of December 31, 2024. For additional information about L&T Technology Services log on to www.LTTS.com.

Media contacts

Altair Corporate                                               

Altair Investor Relations

Bridget Hagan                                                   

Stephen Palmtag

+1.216.769.2658                                             

+1.669.328.9111

corp-newsroom@altair.com                     

ir@altair.com

Altair Europe/The Middle East/Africa     

Altair Asia-Pacific

Louise Wilce                                                       

Man Wang

+44 (0)7392 437 635

86-21-5016635,,825

emea-newsroom@altair.com                   

apac-newsroom@altair.com

 

 

Lockton Launches Digital Office to be Led by Claude Yoder

KANSAS CITY, Mo., Feb. 13, 2025 /PRNewswire/ — Lockton, the world’s largest independent insurance brokerage, is pleased to announce the establishment of a Digital Office to drive innovation in data, analytics, and technology strategies across the Lockton Enterprise. This initiative aims to elevate digital and data capabilities, delivering transformative solutions for clients.

Claude Yoder
Claude Yoder

Claude Yoder, who has served as Lockton Re’s Global Analytics Leader since 2019, has been named Chief Data, Analytics and Digital Officer. Yoder has played a key role in driving Lockton Re’s impressive growth, including the creation and development of the proprietary analytics and operational platform known as SAGE, which has earned two patents—a rare achievement in the re-insurance industry.

“This move, along with our commitment to investing in a digital office, underscores the importance of digital, data and analytics to Lockton’s global strategy,” said Ron Lockton, Chairman and CEO. “We are dedicated to providing our clients with valuable insights and unparalleled service driven by leading edge, digital data, and analytic tools.” 

The Digital Office will accelerate digital transformation and growth across all aspects of data, analytics and technology. By leveraging cutting-edge technologies and data-driven insights, the office aims to enhance client value, drive operational efficiencies, and strategic decision-making, while delivering unparalleled value to clients. 

“This is an exciting opportunity to advance our data and technology capabilities,” said Yoder. “Lockton’s commitment to digital excellence underscores its dedication to staying ahead of industry trends and meeting the evolving needs of our clients. With the establishment of the Digital Office, Lockton is poised to set new standards in the insurance brokerage industry, ensuring sustained growth and success in the digital age.”

About Lockton 
What makes Lockton stand apart is also what makes us better: independence. Lockton’s private ownership empowers its 12,600+ Associates doing business in over 140 countries to focus solely on clients’ risk, insurance and people needs. With expertise that reaches around the globe, Lockton delivers the deep understanding needed to accomplish remarkable results. For more information, visit www.lockton.com.

enreap Earns 2025 Great Place To Work Certification™

PUNE, India, Feb. 13, 2025 /PRNewswire/ — enreap is proud to be Certified™ by Great Place To Work® for the third year in a row. The prestigious award is based entirely on what current employees say about their experience working at enreap.

enreap Earns 2025 Great Place To Work Certification™
enreap Earns 2025 Great Place To Work Certification™

Great Place To Work® is the global authority on workplace culture, employee experience, and the leadership behaviors proven to deliver market-leading revenue, employee retention and increased innovation.

“Great Place To Work Certification is a highly coveted achievement that requires consistent and intentional dedication to the overall employee experience,” says Sarah Lewis-Kulin, the Vice President of Global Recognition at Great Place To Work. She emphasizes that Certification is the sole official recognition earned by the real-time feedback of employees regarding their company culture. “By successfully earning this recognition, it is evident that enreap stands out as one of the top companies to work for, providing a great workplace environment for its employees.”

“We are extremely pleased with the recognition. We have always strived towards creating a culture that fosters growth, happiness, and fulfillment. Our culture hinges on relationships, integrity, value-driven outcomes, and excellence. The recognition from Great Place to Work® is a testament to the hard work of all the leaders and team members who have created such a thriving culture,” said Surinderpal Kumar, CEO of enreap.

“You know you are on the right track when close to 90% of the employees highly rate enreap across various parameters like Pride, Credibility, Respect, Fairness, and Camaraderie. We are a people-first organisation. Beyond policies, we have people-oriented practices. We have created an environment where people work on amazing projects and technologies, learn every day, and have fun in the process. I am glad to see that our employees appreciate it and truly believe that enreap is one of the best companies to work for in India,” adds Kamal Kaur, Director of Human Resources at enreap.

To be a part of enreap’s growing team, check out the open positions at: https://enreap.com/careers/ 

About enreap  

We are a partner in our client’s digital transformation journey. We enable them to achieve ‘Operational Delivery Excellence’ by leveraging our proficiency across various enterprise software platforms. We help their teams realize optimum productivity by envisioning and executing technology-enabled operations strategies.

Over the past 12+ years, we have worked with 900 enterprises worldwide across various industry verticals such as retail, IT/ITeS, BFSI, Healthcare and Pharma, and more. We are excited about the future as we work towards the vision of becoming a Global Thought Leader across collaboration, software delivery, IT, and business support practices and set new benchmarks in Operational Excellence.

For more information, please visit https://www.enreap.com 

Locations: India | Singapore | Malaysia | UAE | USA

Contact: Chetan Dalvi
Phone: +91-9922687672
Email: chetan.dalvi@enreap.com 

WEL Networks Selects IFS’s AIP platform Copperleaf to Enhance Asset Investment Planning

VANCOUVER, BC, Feb. 13, 2025 /PRNewswire/ — IFS, the leading provider of enterprise cloud and Industrial AI software, announces that WEL Networks, a leading provider of innovative and sustainable energy solutions and electricity distribution services in New Zealand, has selected the Copperleaf Decision Analytics solution to improve its Asset Investment Planning processes.

WEL Networks was looking for a solution that would not only optimize capital expenditure but also better align its planning processes with long-term strategic goals, including environmental, social, and governance (ESG) objectives. The Copperleaf solution will help WEL Networks optimize its investment planning and ensure that critical infrastructure plans are aligned with the company’s vision and strategic goals.  

By implementing Copperleaf Decision Analytics, WEL Networks will achieve a faster, more efficient planning process that is less reliant on individual legacy knowledge and enable them to significantly reduce planning cycle time-from months to weeks-while also enhancing decision-making transparency. The Copperleaf solution will enable WEL Networks to assess a broader range of multi-year investment scenarios with greater accuracy and alignment to both short-term and long-term goals.  

“As a community-owned organization, by utilizing the Copperleaf Portfolio we will be able to achieve significant improvements in safety, customer experience, cost efficiency and asset performance for the benefit of our communities,” said WEL Networks Chief Executive, Garth Dibley.

“WEL Networks’ commitment to improving the resilience, safety, and efficiency of its network is commendable. They are an innovative organization that has been on the forefront of delivering new grid technologies such as renewable energy and network monitoring solutions,” said Stefan Sadnicki, Copperleaf Managing Director, EMEA & APJ. “We’re excited to help them unlock improved capital expenditure management and accelerate their planning cycle. The Copperleaf solution will provide the insights and traceability needed for more transparent and accountable decision making.”

“By joining the IFS and Copperleaf community, WEL Networks will be part of a collaborative and innovative group of industry leaders who learn from each other and share best practices to drive the future of decision making,” added Sadnicki.

CONTACT:

IFS Press Contacts:
EUROPE / MEA / APJ:
Adam Gillbe
IFS, Director of Corporate & Executive Communications
Email: adam.gillbe@ifs.com

NORTH AMERICA / LATAM:
Mairi Morgan
IFS, Director of Corporate & Executive Communications
Email: mairi.morgan@ifs.com

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

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‘Tianjin Port Impression’ experience hall opens: A fusion of culture, tourism and commerce

BEIJING, Feb. 13, 2025 /PRNewswire/ — A news report from China Daily:

Visitors in the immersive projection theater, which focuses on the historical evolution of Tianjin's port and city. [Photo provided to exploringtianjin.com]
Visitors in the immersive projection theater, which focuses on the historical evolution of Tianjin’s port and city. [Photo provided to exploringtianjin.com]

On Dec 25, the “Tianjin Port Impression” Experience Hall, part of Tianjin Port Group’s port-industry-city integration project, officially opened at Tianjin’s Old Culture Street, a national 5A-level tourist attraction.

The new facility aims to elevate the city’s cultural tourism appeal and deepen the integration of culture, tourism, and commerce by offering visitors a unique opportunity to explore Tianjin Port’s world-class achievements, purchase specialty products, and enjoy an immersive cultural experience.

The experience hall spans three floors, with the first floor featuring a product display area and a container-shaped exhibition wall, showcasing models of goods transported through the port. Visitors can try their hand at remotely operating a container crane, offering a hands-on glimpse into the advanced logistics operations of the port. The second floor serves as a versatile space for visitor relaxation and business events, while the basement houses an immersive projection theater, providing a captivating audiovisual exploration of the port’s legacy and innovations.

“In addition to cultural exhibits, the hall offers a unique shopping experience. Visitors can view the products in the hall and conveniently place orders by scanning a QR code,” explained Feng Jian, general manager of Tianjin Port Cultural Media Co. According to him, plans are also underway to expand the product range to include frozen beef and other fresh goods.

The “Tianjin Port Impression” Experience Hall will serve as a dynamic platform for showcasing Tianjin Port’s cultural heritage, hosting exhibitions, and promoting sales of port-related products. It will also strengthen the connection between urban and port tourism. Future plans include developing custom cultural products, hosting port-themed events, and offering expanded interactive experiences.

“By April next year, a direct shuttle service from Old Culture Street to Dongjiang Bay Scenic Area is expected to be launched,” said Feng, “visitors will be able to explore the historic street, tour the port, enjoy the beach, and embark on a cruise, fully experiencing the unique charm of tourism in this port city.”

OneConnect Integrates DeepSeek into AI Agent Platform

SHANGHAI, Feb. 13, 2025 /PRNewswire/ — OneConnect Financial Technology Co., Ltd (“OneConnect” or the “Company”, NYSE: OCFT, HKSE: 6638), a business technology service provider for financial institutions, launches its proprietary AI Agent Platform, integrating cutting-edge open-source large language models including DeepSeek and Qwen to deliver a comprehensive AI solution tailored specifically for the banking industry. This innovative initiative aims to accelerate the digital transformation of the banking sector, enabling financial institutions to enhance operational efficiency and improve customer experience through advanced AI capabilities.

By adopting a dual-engine strategy—“Open-source Large Language Model + AI Agent Platform”—OneConnect leverages the broad capabilities of open-source large language models while optimizing them to meet the unique requirements of the banking business. This combination ensures that the platform is highly adaptable, enabling advanced semantic comprehension, logical reasoning, and multi-turn interactions in real-world banking scenarios.

In line with its commitment to security and regulatory compliance, OneConnect’s AI solutions prioritize data security through local deployment. Additionally, the company employs model compression and knowledge distillation technologies to reduce computational costs, providing banks with more cost-effective and efficient AI solutions.

OneConnect’s modular toolchain and low-code development support empower banks to seamlessly integrate AI into existing systems across digital operations, management, and business-specific scenarios, significantly enhancing overall operational flexibility and efficiency.

To date, OneConnect’s AI solutions have been successfully implemented in various banking scenarios, including wealth management, corporate lending, remote banking, and office assistance, bringing the future of intelligent banking within reach and setting the stage for further industry innovation.

Namibox, Tencent, and Sichuan Education Press Forge Strategic Partnership to Develop Innovative AI-Powered Learning Solutions

SHANGHAI, Feb. 13, 2025 /PRNewswire/ — Jinxin Technology Holding Company (the “Company”) (Nasdaq: NAMI), an innovative provider of digital-content products and services in China, today announced an in-depth strategic partnership with Tencent Cloud and Sichuan Education Press (SCEP) to co-develop large-scale and commercial AI learning solutions for K-12 students, which not only marks the firm determination and strong strength of the three parties in promoting the digital transformation of education, but also indicates that AI technology has a new breakthrough in K12 learning products.

The Company is committed to building a robust digital education content generation engine powered by advanced AI/AR/ digital human technologies, offering the target users with high-quality educational content products and services. It has now developed into a leading domestic intelligent education content product and service provider. As a professional service provider with self-owned core digital technology, the Company has been deeply engaged in the fields of digital and comprehensive educational content. Currently, it mainly provides digital content products for K-9 students. By collaborating with leading textbook publishers in China, it has independently developed rich digital self-learning content and extracurricular reading materials, greatly enhancing the self-learning interest and efficiency of K-9 students and effectively improving children’s holistic competencies.

Tencent Cloud is the cloud computing brand under Tencent, a leading integrated Internet service provider in China. As a cornerstone of the Industrial Internet, Tencent Cloud builds a wealth of industry-specific solutions with its excellent technical capabilities, fostering an open, win-win cloud ecosystem. Relying on Tencent’s strong ecological resources and technological advantages, Tencent Education is committed to applying advanced technologies such as AI, big data, and cloud computing to the education field, promoting the intelligent and personalized development of education.

SCEP, a long-standing educational publisher with a long history, has now developed into a well-known publishing base for primary and secondary school textbooks, teaching aids, students’ extracurricular reading materials, and educational academic books in China. Its products cover the entire spectrum from preschool education, compulsory education, high-school education, vocational education, higher education to family education, social education, and senior education. It has basically completed the construction of a large-scale educational product matrix with core competitiveness across all stages, disciplines, age groups, and usage scenarios.

The AI learning products jointly developed by the three parties will focus on the actual needs of K12 students and provide students with more accurate and personalized learning services through artificial intelligence technology. 

As an important platform for this cooperation, Huixue AI Cloud is scheduled to make its official launch in July this year, which will integrate the advantageous resources of the three parties and is committed to bringing AI-driven digital content and products in the AI era to K-12 basic education schools and students in China, and create an intelligent ecosystem integrating learning, tutoring, and assessment.

This cooperation is regarded by the industry as a typical innovative case of AI-convergent publishing. The three parties have given full play to their respective professional advantages and shared resources, demonstrating their profound insights and forward-looking layouts for the future of education. It also brings new development opportunities to the K-12 education field. Against the backdrop of the continuous development and popularization of AI technology, the education industry is facing unprecedented opportunities for transformation. The cooperation among the Company, Tencent and SCEP undoubtedly injects new impetus into this transformation and sets a new benchmark for collaborative innovation within the education sector.

About Jinxin Technology Holding Company

Headquartered in Shanghai, China, Jinxin Technology Holding Company is an innovative provider of digital-content products and services in China. Leveraging the powerful digital content generation engine powered by advanced AI/AR/VR/digital human technologies, the Company is committed to offering users high-quality digital content services through both its own platform and the content distribution channels of its strong partners. The Company currently target K-9 students in China, with core expertise in providing them digital and integrated educational contents, and plan to further expand service offerings to provide premium and engaging digital contents to other age groups. The Company collaborates with leading textbook publishers in China and provides digital version of mainstream textbooks used in primary schools and middle schools. The Company’s AI-generated content technology enables comprehensive digital contents to deliver an interactive, intelligent and entertaining learning experience. The Company distributes digital contents primarily through (i) its flagship learning app, Namibox, (ii) telecom and broadcast operators and (iii) third-party devices with our contents embedded.

For more information, please visit the Company’s website at https://ir.namibox.com.

Safe Harbor Statements

This press release contains statements that constitute “forward-looking” statements. These statements are made under the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. Statements that are not historical facts, including but not limited to statements about the Company’s beliefs, plans and expectations, are forward-looking statements. These forward-looking statements can be identified by terminology such as “may,” “will,” “expect,” “anticipate,” “target,” “aim,” “future,” “intend,” “plan,” “believe,” “estimate,” “likely to” or other similar expressions. The Company may also make written or oral forward-looking statements in its periodic reports to the U.S. Securities and Exchange Commission (the “SEC”), in its annual report to shareholders, in press releases and other written materials and in oral statements made by its officers, directors or employees to third parties. Forward-looking statements involve inherent risks and uncertainties. A number of factors could cause actual results to differ materially from those contained in any forward-looking statement. Further information regarding these and other risks, uncertainties or factors is included in the Company’s filings with the SEC. All information provided in this press release is as of the date of this press release, and the Company undertakes no obligation to update any forward-looking statement, except as required under applicable law.

For investor and media inquiries, please contact:

Jinxin Technology Holding Company

Investor Relations Department

Email: ir@namibox.com