VILNIUS, Lithuania, Jan. 13, 2025 /PRNewswire/ — The ARMswap team is thrilled to announce the launch of its 1st version of its DeFi protocol. The web3 world is booming with numerous layer-1 and layer-2 blockchains, each having their unique algorithms and capabilities. However, their closed architecture hinders seamless interaction and information flow between networks, creating inefficiencies. ARMswap’s launch addresses this fundamental inefficiency in the current blockchain architecture and introduces a more optimized version of the multi-directional cross-chain swaps and bridges.

Simplifying Cross-Chain Transactions

“The fragmentation of blockchain networks has been a critical issue, and users were compelled to navigate through various DEXs and third-party bridges to perform a single cross-chain transaction,” notes the CTO of ARMswap. “ARMswap’s launch represents a watershed moment in addressing this fragmentation that has constrained Defi’s evolution.”

ARMswap’s architecture, validated through rigorous security audits by the leading Blockchain security firm Hashlock, combines advanced cryptographic protection for user funds. ARMswap’s protocol delivers secure and rapid swap/bridge operations, setting new industry benchmarks for transaction processing efficiency.

The platform supports 31 blockchains and their native coins in its V1 launch in Jan 2025, with plans for expansion to include more blockchains every quarter. 

In V2, ARMswap will integrate with protocols like Chainlink, Axelar network, Layer zero, Wormhole, etc., to provide extensive coverage of EVM & non-EVM chains. In V3, Armswap will introduce its own framework for relayers and oracles for seamless interoperability across Web3.

ARMSP Fair Launch

ARMswap is launching its utility token, ARMSP, in Jan 2025, incentivizing liquidity providers to actively participate in the ecosystem and to share platform and pool returns with the platform participants.

ARMswap is also releasing its DeFi Mobile App (IOS & Android) in March 2025, enabling users to connect their existing wallets and perform swap transactions and participate in liquidity pools and rewards.

Limited Supply

Join the ARMswap V1 platform and participate in the ARMSP token Fair Launch on 13th Jan 2025, with a limited supply of 400 million tokens out of 1.25 billion max supplies. Early participants can enjoy bonuses and earn rewards through the ARMswap MVP program. After a 12-month vesting period, ARMSP will be listed on all major exchanges globally.

About ARMswap:

ARMswap UAB simplifies cross-chain asset transfers and brings the power of Web3 and the de-centralization of blockchains into our daily lives and businesses. 

Website: www.armswap.com 

For Media Inquiries:
Contact Name: Husnain Aslam
Title: Chief Technology Officer
Email: media@armswap.com

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LONDON, Jan. 13, 2025 /PRNewswire/ — CoreWeave, the AI Hyperscaler™, today announced that two of its initial data centers in Crawley and London Docklands are now operational. These sites will host some of Europe’s largest NVIDIA AI platform deployments powered by NVIDIA H200 GPUs and scaled with NVIDIA Quantum-2 InfiniBand networking, seeking to meaningfully advance the UK’s high-performance compute capability.

These are CoreWeave’s first operational deployments in the UK and form part of its initial £1bn investment into the country last year. CoreWeave also announced London as its European Headquarters in 2024, as well as announcing a further £750m investment into the UK at the International Investment Summit in October.

The first data center utilizing NVIDIA H200 GPUs went live in October 2024 in Crawley with CoreWeave partner Digital Realty, whilst the second operational data center went live in December 2024 in London Docklands, with partner Global Switch. Consistent with CoreWeave’s commitment to sustainability, the Crawley and London Docklands data center campuses are powered entirely by renewable energy.

In August 2024, CoreWeave announced it was the first cloud provider to bring NVIDIA H200 GPUs to its customers – continuing a track record of being first to market. Through these UK sites, CoreWeave will deliver its specialized AI cloud platform in the region, helping to empower customers to shape the next frontier of AI technology.

CoreWeave’s infrastructure and cloud services are built from the ground up and hyper-optimized for AI workloads, unlike solutions from traditional cloud providers that were designed for web-scale and are encumbered by a legacy technical architecture. By the end of 2024, CoreWeave opened 28 data centers globally, with an additional 10 new data centers planned in 2025.

The Rt. Hon Rachel Reeves, Chancellor of the Exchequer said: “This investment is a huge vote of confidence in the UK’s digital technology sector and is exactly the kind we want to see as we grow the economy and use AI to drive efficiency. We are delivering our Plan for Change with investment and reform to deliver higher living standards across every part of the country.”

Mike Mattacola, Chief Business Officer at CoreWeave, said: “Our first operational data centers in the United Kingdom are a significant milestone for the company, which builds on the investment we announced last year. The UK is an important market for CoreWeave, with our European headquarters here and further operational plans for the country. We are pleased to be partnering with Digital Realty and Global Switch to deliver the next generation of AI infrastructure in the UK.”

Séamus Dunne, Managing Director at Digital Realty in the UK and Ireland, said: “Digital Realty’s partnership with CoreWeave is a major leap for AI infrastructure in Europe. Hosting one of the continent’s largest NVIDIA H200 GPU deployments at our Crawley campus empowers companies to scale their AI capabilities, backed by the high-performance, sustainable infrastructure that we deliver.”

Ashley Muldoon, the Chief Executive Officer of Global Switch, said: “We’re excited to be partnering with CoreWeave to deliver the business’ first data centre in London at our Docklands campus. This vital infrastructure provides CoreWeave’s customers with resilient and energy efficient solutions, which are critical to meeting increasing demand from customers in the UK. We look forward to continuing the development of this partnership.”

About CoreWeave
CoreWeave, the AI Hyperscaler, delivers a cloud platform of cutting-edge software powering the next wave of AI. The company’s technology provides enterprises and leading AI labs with highly performant and efficient infrastructure for accelerated computing. Since 2017, CoreWeave has operated a growing footprint of data centers covering major regions in the US and across Europe. CoreWeave was ranked as one of the TIME100 most influential companies of 2024. Learn more at www.coreweave.com.

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SOURCE CoreWeave

Highlights: streamlining AI video analytics, extensive VMS plugin ecosystem, and full compatibility across operating systems

DUBAI, UAE and HSINCHU, Jan. 13, 2025 /PRNewswire/ — PROMISE Technology, a leader in streaming data and surveillance storage solutions, is announcing several specialized solutions for security will be on display at the upcoming Intersec Dubai 2025 conference (Jan. 14-16, Booth SA-H15).

For a consultation and customized proposal, please contact PROMISE storage and integration experts: sales@mea.promise.com

Alice Chang, Chief Marketing Officer of PROMISE Technology, commented: “With over a decade of investing in the security industry, PROMISE storage is best for the most advanced AI surveillance applications, and we are pleased to be back at Intersec Dubai pushing the sector forward. This year, we will demonstrate how PROMISE storage optimizes AI applications and how our ecosystem of plugins seamlessly synchronize with video management systems.”

Leading innovation for top performance and seamless integration

The key value PROMISE brings security customers comes from industry-specific expertise and innovation, powered by the company’s leading-edge proprietary storage technologies — PromiseRAID and SmartBoost Technology.

In addition, PROMISE leads the way in the security industry by offering a wide variety of video management (VMS) plugins and partnering with key VMS providers, including Milestone, Network Optix and Digifort.

AI at the core, data secured by PROMISE

PROMISE’s surveillance storage ensures optimal performance, seamless analytics, and unmatched reliability with AI.

To showcase its latest capabilities, PROMISE will hold three demos:

Running AI facial recognition software on PROMISE storage New plugin for seamless synchronization between VMS and storageFull platform compatibility

VTrak J5960 with Green DNA

The company will also display the VTrak J5960 Green JBOD, featuring a PetaByte Grade Storage System powered by PROMISE and Toshiba. This offers expanded compatibility and flexibility with multiple server hosts to help consolidate and centralize hardware.

Visit Booth SA-H15 at Intersec Dubai 2025 to experience these demos.

About PROMISE Technology:

PROMISE Technology is a recognized global leader in streaming data storage with more than 30 years of experience. Powered by its proprietary PromiseRAID and Boost Family of technologies, the brand’s innovative solutions are tailored to the Surveillance, Rich Media, Cloud and IT markets’ unique needs. PROMISE’s highly experienced sales and engineering teams are strategically located throughout the Americas, EMEA, JAPAC, and China regions to provide unparalleled services and support to its customers around the globe.

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

Media Contact:
pr@promise.com

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