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RIYADH – Ruyah Faidah (Vision Plus), the Saudi subsidiary of the digital tech leader 3D Factory Korea, has reached a historic milestone with its landmark project atop Al-Hada Mountain. The company announced today that the installation has received official pre-approval from Guinness World Records for the “World’s Highest Mountain Media Facade.” Standing at an altitude of 1,738 meters, the massive digital installation functions as a strategic “digital […]

Central Bank of the UAE has granted approval for a dirham-backed digital stablecoin developed by a consortium led by International Holding Company and First Abu Dhabi Bank, marking a significant step in the country’s regulated digital asset ambitions. The stablecoin, branded DDSC, has been authorised to go live under the central bank’s framework for stored value facilities and payment tokens. It will operate on ADI Chain, described […]

Arabian Post Staff -Dubai Dubai’s property market set a new benchmark on 26 January after recording Dh15.6 billion in real estate transactions in a single day, the highest daily value ever logged, according to figures released by the Dubai Land Department. The total was generated through 1,501 transactions, underscoring the scale and depth of activity across land plots, residential units and entire buildings. Sales alone accounted for […]

Signals Plan to Make Malaysia Regional Compliance Hub

KUALA LUMPUR, MALAYSIA – Media OutReach Newswire – 11 February 2026 – XTransfer, the world’s leading B2B cross-border financial platform, was honoured to be invited to join the Malaysia Economic Forum (Forum Ekonomi Malaysia 2026). Bill Deng, Founder and CEO of XTransfer, shared insights on how Malaysia can accelerate technology application and innovation to help micro, small and medium enterprises (MSMEs) scale exports under the 13th Malaysia Plan (13MP), during FEM 2026’s panel discussion, “Made by Malaysia: Accelerating Technology Applications & Innovation”.

Bill Deng (second from the right), Founder and CEO of XTransfer, joins as a speaker at Forum Ekonomi Malaysia 2026.
Bill Deng (second from the right), Founder and CEO of XTransfer, joins as a speaker at Forum Ekonomi Malaysia 2026.

Bill was honoured to join YB Tuan Liew Chin Tong, Deputy Minister of Finance of Malaysia, and Mr Ooi Ching Liang, Senior Director of Engineering at SkyeChip, for a discussion focused on strengthening high-growth, high-value industries, advancing R&D commercialisation, increasing productivity and competitiveness, and supporting MSMEs in global value chains.

Drawing on XTransfer’s work with MSMEs across markets, Bill noted that many Malaysian businesses are “able to export,” but face persistent barriers to scaling exports. The most common issues are trust, compliance, and scale, which often surface as payment delays, repeated documentation requests, FX uncertainty, and working capital pressure as orders grow.

“For B2B SMEs in foreign trade, the biggest constraint isn’t demand. It’s the operational complexity behind cross-border payments, foreign exchange, and compliance,” Bill said. “In particular, AML requirements can be difficult for both traditional banks and SMEs to manage efficiently, creating friction that slows down legitimate trade.”

Bill highlighted a structural shift in global trade flows from a single dominant corridor to non-U.S., intra-Asia, and broader South–South routes. This trend is increasingly clear in real SME transaction patterns. Bill shared, “In 2025, XTransfer’s average collection amount from Asia, Africa, and Latin America grew by 106% year-on-year, with Africa exceeding 270%, Latin America reaching 94%, and ASEAN reaching 82%.” YB Liew noted the trend and thinks it is a direction Malaysia should pursue.

XTransfer also said it plans to establish Malaysia as its regional compliance centre, citing Malaysia’s strong geographic and time-zone advantages, a mature regulatory environment, availability of talent in compliance and risk operations, and cost efficiency. “Malaysia gives us the talent, governance environment, and regional proximity to scale compliance as intra-Asia and emerging-market trade accelerates,” Bill added.
Hashtag: #XTransfer #Malaysia #SMEs #13MP #FEM2026




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Artificial intelligence has moved to the centre of global efforts to prevent satellite collisions and the cascading debris scenario known as Kessler syndrome, as space agencies and commercial operators face an increasingly crowded orbital environment. With more than 10,000 active satellites and tens of thousands of trackable debris fragments circling Earth, automated, data-driven tracking systems are becoming essential to keep spacecraft safe and critical services running. Advanced […]

By Anton Sparinapti, Partner at Flametree Across the MENA region, the SME landscape is shifting at a fast pace. Traditional chatbots leave, instead AI Agents start doing actual work: instantly respond, qualify requests, collect structured data and hand it off to humans with a natural context. The human and AI collaboration results in impressive outcomes – fast responses, high lead capture rates and improved CX – helping […]

BRP‑Rotax unveils its latest milestone in aviation with Aircraft Meets Racetrack. In an unprecedented accomplishment for the Bahrain International Circuit, Red Bull athlete and Rotax Ambassador Luke Czepiela became the first pilot to fly this Grand Prix track’s complete racing line from the air, showcasing the capabilities of Rotax powered aviation in a dramatic low‑level performance.

Gunskirchen, Austria – Newsaktuell – 10 February 2026 – In a demonstration of precision aviation, Luke Czepiela traced the full ideal line of the Bahrain International Circuit at low level, including short takeoffs and landings (STOL) on the start/finish straight. The achievement is documented in the short film Aircraft Meets Racetrack, the first project to emerge from BRP-Rotax’s Brand Ambassador partnership with Luke Czepiela, launched in 2025. The short film premiered during the Bahrain International Circuit’s official F1 pre‑season press conference today.

BRP-Rotax: Aircraft Meets Racetrack – Luke Czepiela Flies the Racing Line at Bahrain International Circuit

When Racing Meets Aviation

The project transfers what racing drivers follow on the ground with high precision accuracy into the sky. The circuit’s racing line becomes an aerial flight path, demanding exceptionally tight tolerances, high and low speeds, and uncompromising line discipline. Conducting the maneuver required extreme precision. Low altitude, shifting wind conditions, more than 495 light poles, and the narrow, enclosed layout of the Grand Prix track created an environment with virtually no margin for error.

“Flying a racing line from the air demands absolute control at low altitude and instant reaction in every phase,” said Czepiela, Rotax Brand Ambassador. “It is precision flying in its purest form.”

The flight was performed in a CubCrafters Carbon Cub UL equipped with the 160‑hp Rotax 916 iS engine. The aircraft’s lightweight STOL design, immediate throttle response, and exceptional power‑to‑weight ratio made the aerial replication of the racing line possible.

Production took place during the 2025 Rotax MAX Challenge Grand Finals in Bahrain – marking the first time all project partners collaborated on‑site. Working closely with the Bahrain International Circuit, Red Bull Bahrain, and local authorities, the team implemented a comprehensive safety and operations plan. The track and airspace were fully closed to ensure uninterrupted filming, supported by constant air traffic coordination and emergency services on-site.

“With Luke Czepiela, we aimed to create something that authentically unites our two passions: racing and aviation,” said Peter Ölsinger, General Manager of BRP‑Rotax and Vice-President Sales, Marketing RPS‑Business & Communications. “This project represents technical precision, long‑standing partnerships, and the courage to pursue new creative paths.”

The film not only showcases a great achievement it underscores Rotax’s mission to connect disciplines, push boundaries, and deliver high‑performance experiences on the ground and in the air.

Links:
Youtube: https://www.youtube.com/watch?v=wNgMGArCGBU
Presskit: https://newsroom.ketchum.at/Media.aspx?menueid=34496

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Amazon has outlined plans to channel up to $200 billion into artificial intelligence-focused data centres, networking and custom silicon through 2026, a scale of spending that would rank among the largest infrastructure pushes ever undertaken by a technology company. The investment, disclosed across earnings briefings and regulatory filings, is aimed at expanding Amazon Web Services capacity as customers accelerate the deployment of generative AI models and data-intensive […]

Donald Trump has warned he could block the opening of the Gordie Howe International Bridge, a major new road link between Windsor, Ontario, and Detroit, framing the threat as leverage in broader trade and border negotiations with Canada. The statement has injected uncertainty into one of North America’s most significant infrastructure projects, designed to ease congestion at the busiest commercial crossing on the US–Canada frontier. Speaking to […]

UAE authorities have introduced a targeted corporate tax exemption for specific sports entities, signalling a policy push to deepen the sector’s economic role while aligning regulation with global standards. The Ministry of Finance said Cabinet Decision No of 2026 has been issued under Federal Decree-Law No 47 of 2022 on the taxation of corporations and businesses, creating a carve-out for qualifying organisations operating within the sports ecosystem. […]

Khalifa University of Science and Technology and the Institute of Energy Economics Japan have convened the 2026 UAE–Japan Industry-Academia Collaboration Steering Board meeting in Abu Dhabi, bringing senior policymakers, researchers and industry executives together to accelerate joint work across energy systems, advanced materials and industrial decarbonisation.

The closed-door session, hosted by Khalifa University of Science and Technology with Institute of Energy Economics Japan, reviewed progress under a multi-year framework that links laboratory research to commercial deployment. Participants focused on aligning research priorities with national transition goals in the United Arab Emirates and Japan while ensuring that projects move beyond pilot stages into scaled industrial use.

University officials said the meeting sharpened governance around joint programmes that span hydrogen value chains, grid resilience, carbon management and next-generation manufacturing. The steering board assessed ongoing work on hydrogen carriers and utilisation pathways, including ammonia and synthetic fuels, alongside studies on carbon capture, utilisation and storage that integrate process design with life-cycle analysis. Industry representatives pressed for faster timelines and clearer pathways to demonstration, citing capital discipline and the need for predictable policy signals.

Energy systems dominated the agenda as both countries seek to balance security, affordability and emissions goals. Japan’s import-dependent energy mix and the UAE’s role as a major producer and exporter create complementary incentives for collaboration, delegates noted. Research teams presented updates on high-efficiency electrolysers, advanced catalysts and thermal management, with an emphasis on reducing costs and improving durability under desert and maritime operating conditions.

Another thread centred on digitalisation and artificial intelligence in energy operations. Joint projects are examining how data-driven optimisation can cut losses across generation, storage and transmission, and how digital twins can accelerate plant design and maintenance. Academic leaders argued that co-developed datasets and shared testbeds are essential to attract industrial partners and ensure interoperability across markets.

Advanced materials and manufacturing featured prominently, reflecting interest from automotive, aerospace and heavy-industry partners. Researchers outlined progress in lightweight alloys, composites and coatings designed to withstand extreme temperatures while lowering energy intensity. Industry participants flagged workforce readiness as a bottleneck, urging expanded exchange programmes and co-supervised doctoral tracks to build skills that translate quickly to factory floors.

The steering board also reviewed funding structures and intellectual property frameworks. Both sides reaffirmed commitments to balanced IP arrangements that protect proprietary know-how while enabling publication and talent development. Officials highlighted the importance of predictable co-funding cycles to keep multi-year research teams intact and to de-risk private investment in demonstration assets.

Abu Dhabi’s role as host underscored the emirate’s ambition to serve as a convening hub for applied research and industrial partnerships. Delegates toured university laboratories and pilot facilities to evaluate readiness for scale-up, with particular attention to safety standards and integration with industrial sites. Discussions touched on regulatory alignment and standards development, areas seen as critical to shortening time-to-market for cross-border technologies.

Japanese participants emphasised the value of long-term academic partnerships in sustaining innovation during market cycles. They pointed to the need for rigorous techno-economic assessments to guide policy and investment decisions, and for transparent metrics to track emissions impacts across supply chains. UAE counterparts highlighted the opportunity to test solutions at scale and under demanding conditions, offering feedback loops that can refine designs before global deployment.

Beyond energy, the meeting explored collaboration in water-energy nexus research, climate-resilient infrastructure and systems engineering for smart cities. Presentations examined desalination efficiency, waste-to-value pathways and the integration of distributed resources, reflecting broader industrial interests in sustainability and circularity.

HANOI, VIETNAM – Media OutReach Newswire – 10 February 2026 – VinFast today officially announced its entry into Indonesia’s e-scooter market through the signing of a Memorandum of Understanding (MoU) with strategic dealers in the country. The milestone marks a significant step in VinFast’s international expansion of its electric two-wheeler business and reaffirms the Company’s long-term commitment to one of Southeast Asia’s largest and most dynamic motorcycle markets.

VinFast signed strategic MoUs with its first e-scooter partners in Indonesia.
VinFast signed strategic MoUs with its first e-scooter partners in Indonesia.

Accordingly, VinFast has signed strategic MoUs with its first partners in Indonesia, including K3, Citra Abadi Sedaya, PT Bevos Auto Mandiri, PT Sapta Jaya, MotorArt, PT Sinergies Dua Kawan, and PT HINU. These partners have long-standing experience in the distribution of automobiles and motorcycles, strong professional operational capabilities, deep market understanding, and the ability to rapidly deploy operations in line with VinFast’s standards.

VinFast will begin rolling out its distribution network in the Jabodetabek area — Indonesia’s largest economic and urban center — from the second quarter of 2026, with plans to expand to other regions nationwide.

In Indonesia, VinFast plans to introduce a portfolio of battery-swapping e-scooters, including VinFast Evo, VinFast Feliz II, VinFast Flazz and VinFast Viper, alongside additional new models to be launched in due course. The product lineup has been carefully engineered and calibrated to suit Indonesia’s tropical climate, dense urban traffic conditions, and everyday commuting patterns.

Throughout 2026, VinFast aims to further expand its footprint to hundreds of authorized dealerships and service workshops nationwide. The Company’s development strategy in Indonesia is designed as an integrated ecosystem, combining retail and after-sales networks, financing solutions, charging and battery-swapping infrastructure through cooperation with V-Green, and partnerships with leading financial institutions.

Prior to this announcement, VinFast had unveiled its strategy to internationalize its electric two-wheeler business and signed agreements with dealers in the Philippines. According to its roadmap, the Company will accelerate expansion across five priority markets in 2026, namely the Philippines, Indonesia, India, Thailand, and Malaysia. These countries represent high-growth economies with substantial urban mobility demand and a clear transition toward sustainable transportation solutions.

Ms. Vo Thi Cam Tu, Managing Director of VinFast E-Scooters Overseas Market, stated: “Indonesia is a strategic market in VinFast’s global e-scooter expansion journey. Partnering with leading local dealers underscores our partners’ confidence in VinFast’s product quality, service standards, flexible battery-swapping model, and long-term vision. We are committed to accompanying Indonesian consumers on their transition toward a greener, smarter, and more sustainable future of mobility.”

Indonesia stands among the world’s largest motorcycle markets, characterized by rapid urbanization, high population density in major cities, and increasing policy and consumer momentum toward environmentally friendly transportation. These structural factors create substantial headroom for the growth of the e-scooter segment. Indonesian dealers have expressed strong confidence in VinFast’s long-term potential in the country, citing its comprehensive green mobility ecosystem, large-scale manufacturing capabilities, and proven ability to execute swiftly across multiple international markets.

After two years of presence in Indonesia, VinFast has introduced a broad range of electric vehicles, from electric SUVs to models optimized for transportation services, and has commenced operations at its Subang facility. Concurrently, the Company has expanded its integrated ecosystem, including dealership and after-sales networks, charging infrastructure in collaboration with V-Green, and partnerships with leading banks and financial institutions. Through pioneering and customer-centric policies, VinFast continues to lower barriers to EV adoption and enable Indonesian consumers to participate in the global green mobility revolution.

Hashtag: #VinFast

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Bitcoin crossed the symbolic threshold of one US dollar 15 years ago, a modest valuation milestone that has since acquired outsized significance as the digital asset evolved from an obscure experiment into a global financial phenomenon influencing markets, regulation, and technology debates. The moment, marked in early February 2011 on a handful of online trading forums and exchanges, is now widely cited as the point at which […]

HONG KONG SAR – Media OutReach Newswire – 9 February 2026

2025 Annual Results – Financial Highlights

(Figures for the corresponding period in 2024 are shown in brackets)

  • Consolidated revenue: HK$1,046million (HK$695million)
  • Consolidated net loss attributable to equity holders of the Company:
    HK$69 million (HK$230million)
  • Basic loss per share: 3.38 HK cents (11.29 HK cents)
  • No final dividend (No final dividend)

Pacific Century Premium Developments Limited (“PCPD”, SEHK: 00432) has announced its annual results for the year ended December 31, 2025.

The consolidated revenue of PCPD and its subsidiaries (together, the “Group”) amounted to HK$ 1,046 million, representing an increase of 51% compared to the revenue of HK$ 695 million in 2024.

The consolidated net loss attributable to equity holders of the Company for the year of 2025 was HK$ 69 million, compared to the net loss of HK$ 230 million in 2024.

Basic loss per share for 2025 was 3.38 Hong Kong cents compared to the loss per share of 11.29 Hong Kong cents for the previous year.

The Board of Directors has not recommended the payment of a final dividend for the year ended December 31, 2025.

In 2025, PCPD achieved robust full-year results, driven by the sustained surge in international travel across our key Asian markets, our operational strengths, and the continued recognition of our high-quality portfolio. This performance was underpinned predominantly by contributions from two segments: Park Hyatt Niseko, Hanazono, our hospitality business in Hokkaido, which delivered a notable rise in occupancy and revenue, and our ski and recreation operations in Niseko, Hokkaido, which also saw a surge in demand and revenue.

Park Hyatt Niseko, Hanazono, our hotel operations in Hokkaido, delivered a robust performance in 2025, as the boom in Japan‘s tourism sector continued throughout the year, again with record-breaking tourist arrivals. The average occupancy rate of Park Hyatt Niseko increased by 4 percentage points.

During the winter season of 2024/2025, total ski-lift and gondola rides increased 9% year-on-year. The travel surge continued to drive robust demand for our recreational business in Niseko well beyond the cold months.

In Phang Nga, Thailand, the Group has sold or reserved 40% of Phase 1A villas. The Group’s revenue from its property development in Thailand totalled HK$14 million for the year ended December 31, 2025, compared to no revenue in 2024.

We formed a strategic alliance with Hotel Properties Limited in Singapore to bring a Four Seasons Resort and Branded Residences to the prestigious integrated resort community of Aquella in Phang Nga. The move represents a significant milestone in PCPD‘s long-term vision of transforming Aquella into a visionary integrated resort destination that effortlessly blends luxury living, recreation and exceptional service.

In Jakarta, Indonesia, the occupancy of our premium commercial building, Pacific Century Place, Jakarta (“PCP Jakarta”), was stable throughout the year, and the project remained a consistent revenue contributor to the Group. As of December 31, 2025, the office space committed occupancy was 87%, compared to 85% in the previous year.

Development of the superstructure of the Group‘s project at 3–6 Glenealy, Central, Hong Kong, has been progressing well. We have reached a key structural milestone, with the superstructural work now completed and installation of the curtain walls progressing at pace. The name of the development has also been unveiled as “Central Residence by the Park”, and its completion is scheduled for the first half of 2026.

In the long run, we remain cautiously optimistic about the long-term outlook for property sectors in Hong Kong, Japan, Thailand and Indonesia. With PCPD‘s disciplined execution and proactive risk management, we have confidence in our ability to drive continued growth and deliver sustained value.

Mr. Benjamin Lam, PCPD’s Deputy Chairman and Group Managing Director, said: “We will maintain our prudent yet proactive approach, allocating resources carefully and pursuing value-enhancing initiatives. Our priority remains to drive sustainable growth, improve profitability, and deliver solid returns to shareholders and stakeholders.”

Hashtag: #PacificCenturyPremiumDevelopments

The issuer is solely responsible for the content of this announcement.

About PCPD

Pacific Century Premium Developments Limited (“PCPD” or the “Group”, SEHK: 00432) is principally engaged in the development and management of premium-grade property and infrastructure projects as well as premium-grade property investments. PCCW Limited (“PCCW”, SEHK: 00008) is the single largest shareholder of the Group.

Arabian Post Staff -Dubai Flight operations between the United Arab Emirates and Algeria are expected to continue without disruption despite Algiers initiating steps to terminate a bilateral air services agreement, according to the UAE’s civil aviation regulator. The General Civil Aviation Authority said the move would have no immediate impact on scheduled services, underscoring that flights will operate under existing arrangements while regulatory processes unfold. The assurance […]

Arabian Post Staff -Dubai PureHealth Holding delivered a solid set of full-year results for 2025, reporting net profit of AED2 billion and proposing a cash dividend of AED600 million, underscoring the scale and resilience of the Abu Dhabi-based healthcare group as it expands across services, geographies and clinical capabilities. The company said results for the year ended 31 December 2025 reflected steady demand across hospitals, clinics, diagnostics […]

Arabian Post Staff -Dubai   ADNOC Gas plc reported a net income of $5.2 billion for the fiscal year ended 2025, marking a 3 per cent rise compared with the previous year and underscoring the company’s capacity to generate resilient returns amid volatile commodity markets. The Abu Dhabi-based integrated gas producer said the result was achieved despite an average Brent crude oil price of $69 per barrel for the […]

Rolls-Royce Motor Cars has expanded its retail footprint in Dubai with the opening of a second showroom at City Walk, reinforcing the marque’s confidence in sustained demand for ultra-luxury vehicles across the Middle East and signalling a sharper focus on experiential retail in one of its strongest global markets. The new City Walk space complements the brand’s long-established presence on Sheikh Zayed Road and is designed to […]

Greenlogue/AP Saudi Arabia’s National Water Company has confirmed the completion of two major infrastructure projects in the Qassim Region at a combined cost exceeding 48 million Saudi Riyals, marking a key step in upgrading water and sewage services for communities in the central province. The initiatives, executed under the company’s long-term expansion strategy, include extensive drinking water pipeline installations in Buraidah and comprehensive sewage network construction in […]

Arabian Post Staff -Dubai Dubai Electricity and Water Authority has rolled out direct access to its customer services through ChatGPT, positioning itself as the first government entity and the first utility globally to integrate end-to-end service delivery within a generative AI platform. The move allows customers to obtain information, complete routine requests and navigate account services through natural language prompts, bypassing traditional websites and call centres. The […]

HONG KONG SAR – Media OutReach Newswire – 9 February 2026 – Asia Coach Group Limited announced today its partnership with seasoned business consultant Rick Tam to launch the “Business Breakthrough” enterprise training programme, designed to help Hong Kong SME owners strengthen their business models, improve cash flow, and enhance financing capabilities.

Rick Tam, Founder of "Business Breakthrough" Coaching Programme for Hong Kong SMEs
Rick Tam, Founder of “Business Breakthrough” Coaching Programme for Hong Kong SMEs

Challenging Business Environment Demands New Solutions

Hong Kong’s SMEs are facing unprecedented operational pressures. According to a survey by CPA Australia, 37% of small businesses in Hong Kong struggle to obtain external financing. Data from Airwallex further reveals that 96% of SMEs have experienced cash flow difficulties in the past year. With property asset values declining, banks’ insistence on property collateral for loans has left many enterprises in financial distress.

Responding to Market Needs with Systematic Business Upgrade Solutions

“Hong Kong has never lacked capital—what’s missing is the mechanism to connect businesses with it,” Rick Tam noted. The programme addresses common pain points faced by local SMEs, including declining profits, low business valuations, tight cash flow, and recruitment challenges. Built upon the four-pillar framework of “Commerce, Strategy, Breakthrough, and Structure,” the curriculum covers stabilising cash flow and enhancing financial flexibility, repositioning businesses and improving client quality, reshaping product value and expanding profit margins, as well as systematising operations and attracting investors. The programme commits to helping participants improve cash flow, increase business value, and strengthen their business models within 90 days.

Four Practical Tools for Immediate Application

Participants will acquire four core tools: the “Cash Flow Vortex System” for rapid assessment of financial status and establishing safety buffers; the “A.T.C. Client Leverage Ladder” for repositioning and enhancing client value; the “High-Value Breakthrough Method” for creating products with greater value and trust; and the “Marketing Triangle Matrix” for integrating human resources, client bases, and operational systems to plan business expansion. The programme adopts a six-step progressive model—from restructuring business models, improving profit margins, attracting capital injection, building high-performance teams, and systematising operations, to ultimately helping business owners reclaim their time and freedom.

Instructor Credentials

Programme instructor Rick Tam is a graduate of the University of Hong Kong’s Business School and currently serves as CEO of two family offices and chief consultant to several others. He holds the CFPCM Certified Financial Planner designation. Tam has founded more than nine brands spanning wealth management, securities, and food and beverage sectors, and has guided over 1,000 participants through business expansion.

As Hong Kong’s economy seeks transformation, channelling capital precisely into the real economy through the “Business Breakthrough” approach offers more than a lifeline for SMEs—it injects vital momentum into Hong Kong’s long-term economic development.

Hashtag: #RickTam #AsiaCoach

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Low-lying mist during early hours and spells of rain after dark are shaping daily life across the UAE, prompting safety advisories from the national forecaster as authorities and businesses adjust to more variable conditions. Motorists are being urged to slow down on highways vulnerable to sudden visibility drops, while marine operators are cautioned about shifting winds and choppy seas that can accompany unsettled weather. Data from National […]

Plans taking shape inside SpaceX point to an unusual next step in the global race for computing power: data centres operating in orbit by 2026. The company has begun recruiting specialists in power systems, thermal engineering, networking and on-orbit operations, signalling an effort to pair its satellite infrastructure with space-based computing at a time when demand for artificial intelligence processing is colliding with limits on Earth. People […]

MILAN, ITALY – Media OutReach Newswire – 8 February 2026 – Alibaba Group today opened “Alibaba Wonder on Ice” (AWI), an interactive public installation in Milan’s Piazza del Castello Sforzesco, using artificial intelligence and cloud computing to showcase how virtual retail experiences could evolve during the Milano Cortina 2026 Olympic and Paralympic Winter Games.

Set against the historic backdrop of the Sforza Castle and the commercial artery of Via Dante, AWI turns one of Milan’s most recognizable public spaces into a live demonstration of how digital technologies can intersect with culture, commerce and consumer engagement. Powered by Alibaba’s advanced technology stack, the showcase illustrates how artificial intelligence can enable immersive, interactive digital retail experiences that respond dynamically to individual preferences.

“Alibaba and the IOC share a simple belief together: technology should enable the Olympic Games to be more exciting, accessible, sustainable and connected,” said Joe Tsai, Chairman of Alibaba Group. “With the power of AI, we are moving from “Cloud Olympics” toward “Intelligent Olympics”, as AI helps us work better, make smarter decisions, and connect more meaningfully.”

“I’m delighted to be here at the Alibaba Group Showcase, celebrating nine years of our partnership which represents one of the most significant technological transformations in Olympic history. Building on innovations delivered at recent Games, Milano Cortina 2026 represents a major step forward in cloud-based, AI-enabled broadcasting and operations, setting a new benchmark for future editionsn. Together with Alibaba, we’re not only ensuring the Games remain efficient and sustainable, but also remain engaging through sports media technology to audiences, athletes and fans worldwide”, said Kirsty Coventry, President of the International Olympic Committee (IOC)”

A Personalized Journey Guided by AI

At the core of the installation is an AI-guided journey that brings virtual retail into a physical environment. Upon entry, visitors are invited to share simple preferences—such as their favorite Milano Cortina 2026 sport—with an AI agent, which uses these inputs to curate a personalized journey throughout the space. Visitors may also choose to have their photo taken to generate a real-time digital avatar, further tailoring the journey to the individual.

The AI agent then acts as a virtual stylist, interacting with visitors and offering tailored recommendations for clothing, fragrance, and makeup. As participants make selections, the experience evolves continuously, demonstrating how AI-enabled retail can move beyond static product catalogues towards adaptive, interactive experiences. Each journey culminates in a personalized AI-generated video in which the visitor’s avatar becomes the central character in a digital gala setting.

The experience is supported by Alibaba’s latest AI and cloud technologies, including its Qwen3 series of large language and vision models, Wan 2.2 image-to-video generation model, and Taobao Vision’s immersive shopping solution, and Alibaba Cloud’s global cloud infrastructure.

Architecture Inspired by Ice and Light

Spanning 40 meters, the installation consists of two architectural elements:

  • The Snow Globe, a spherical pavilion that serves as an interactive space during the day and transforms into a projection surface for AI-generated visuals in the evening
  • The Crystalized Skirt Building, a sculptural structure inspired by the crystalline geometry of frost and snowflakes, which houses the immersive AI-powered virtual retail experience.

Designed with sustainability in mind, the installation uses recyclable materials and leaves no permanent footprint on the historic plaza.

AWI will be open to the public from February 7–22, 2026, during the Olympic Winter Games, and March 6–15, 2026, during the Paralympic Winter Games.

Showcasing the First AI-Generated Olympic Fan Art Collection

The opening of AWI also marked the unveiling of the results of the Alibaba Cloud AIGC Championship @ Milano Cortina 2026, the first Olympic fan engagement initiative of its kind developed in partnership with the International Olympic Committee, the Olympic Museum and the Milano Cortina 2026 Organising Committee.

Using Alibaba’s Wan video generation models, fans from around the world created original video artworks inspired by four winter sports: figure skating, short track speed skating, alpine skiing, and snowboarding.

A curated selection of the top 100 works is now being displayed on the surface of the Snow Globe. This collection represents the first AI-generated artworks to be displayed by the Olympic Museum located in Lausanne, Switzerland. Ten creators will be awarded tickets to attend the Olympic Winter Games in person.

By combining Olympic inspiration with accessible AI technology, Alibaba Wonder on Ice invites fans worldwide to go beyond spectating, allowing them to step into the Games, express their “vibe,” and join the Olympic Movement in an entirely new way.

Hashtag: #Alibaba

The issuer is solely responsible for the content of this announcement.

About Alibaba Group

Alibaba Group is a global technology company focused on e-commerce and cloud computing. We enable merchants, brands and retailers to market, sell and engage with consumers by providing digital and logistics infrastructure, efficiency tools and vast marketing reach. We empower enterprises with our leading cloud infrastructure, services and work collaboration capabilities to facilitate their digital transformation and grow their businesses.

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