Alibaba Group To Open Lab In Singapore
Chinese retail giants, Alibaba Group, have chosen to open one of seven research labs in Singapore.
Chinese retail giants, Alibaba Group, have chosen to open one of seven research labs in Singapore. Focusing on foundational and disruptive technology research, the lab will work on data intelligence, human-machine interaction and quantum computing.
They are expected to invest more than US $15 billion in research and development over the next three years following the launch of its global research programmed 'Alibaba DAMO Academy' - meaning Alibaba Discovery, Adventure, Momentum and Outlook Academy.
The four other countries that have been chosen are two labs in China, two in the US, Russia and Israel and according to Amazon's recent press release, the research labs will also set up an advisory board of educators and researchers who will provide guidance and advice across all aspects of research, with the ultimate aim being to improve the lives of technology users and to increase efficiency and security of their enterprises.