Alibaba Group today revealed its plans to invest more than $15 billion over the next three years into a global research and development initiative called Alibaba DAMO Academy. The Chinese tech giant said the program, which it is currently recruiting 100 researchers, will help it reach its goal of serving two billion customers and creating 100 million jobs by 2036, while also “increasing technological collaboration worldwide.” Discovery, adventure, momentum and outlook (DAMO) Academy will be led by Alibaba Group chief technology officer Jeff Zhang and start by opening labs in seven…
Read MoreAlibaba tech company to Invest over $15billion in global initiative
