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The US$1bil (RM4.1bil) will be the initial funding for Project AsiaForward, which aims to nurture 100, 000 developers and tech startups over the next three years, Alibaba said in a statement yesterday. HONG KONG: Alibaba Group Holding Ltd’s cloud division has pledged US$1bil (RM4.1bil) to support startups in Asia, marking one of its largest outlays since the tech giant pledged to boost spending and move past a bruising antitrust investigation at home. The US$1bil (RM4.1bil) will be the initial funding for Project AsiaForward, which aims to nurture 100, 000 developers and tech startups over ...

Alibaba will be building its first data center in the Philippines. The Alibaba Cloud data center in PH will be the company’s fourth in Southeast Asia. It follows the one already up in Singapore, as well as in Indonesia and Malaysia. Alibaba Cloud Migration Alibaba Group subsidiary Alibaba Cloud made the announcement last June 8, Monday. The company said that it plans to start building its first data center in the Philippines by the end of 2021. For those unfamiliar, Alibaba Cloud offers cloud-based computing, security, machine learning, database, and data analytics. Placing a dedicated cent...

The company will invest in innovation, data centers, and talent development in a major spending spree after an antitrust investigation at home.

Alibaba Cloud says by publishing PolarDB, its self-developed database, it hopes to create a better open source ecosystem for developers to build bette...

Sign up for the latest on how to fast-track your business for tomorrow IN the shadow of uncertainty and doubt cast by the Covid-19 pandemic, businesses have to learn to become agile by shifting their focus to online resources, in order to survive and even thrive. While major corporations are relatively safe as most, if not all, of them have the infrastructure and knowledge for the shift, many small and medium enterprises (SMEs) still struggle to adapt towards these new models. In fact many have already fallen victim to the economic onslaught caused by the pandemic, especially now as the surge...