Alibaba Group announced today that it’s launching a new research organization aimed at tackling emerging technologies like machine learning, network security, the internet of things, and quantum computing.
It’s called the Academy for Discovery, Adventure, Momentum and Outlook (or the DAMO Academy), and Alibaba plans to recruit 100 researchers to staff its labs around the globe. The company plans to open two labs in China, in the tech giant’s home city of Hangzhou and in Beijing. In addition, the Chinese ecommerce and technology titan will open labs in San Mateo, California; Seattle, Washington; Moscow, Russia; Tel Aviv, Israel; and Singapore.
Over the next three years, the company plans to spend $15 billion on research and development, a significant increase over its current rate of spending. Jeff Zhang, the CTO of Alibaba Group, will lead the academy.
This is a move that puts Alibaba in line with a number of other major tech players, including Microsoft, Google, Facebook, IBM, and Snap. Like those organizations, Alibaba plans to take an open approach with the work that it’s doing and will likely contribute information to the public through research papers, open source projects, and other collaborations.
Performing research will help Alibaba stay on top of the latest technology developments, something that will be important as the company competes to become a global power in the industry.
Alibaba isn’t going it alone, either. The company’s advisory board for the academy includes professors from a number of leading research institutions both in China and the U.S. It also plans to work with local partners to drive its research forward. As one example, Alibaba will partner with the University of California, Berkeley’s Real-Time Intelligent Secure Execution lab (RISELab) on its research into secure computing.
VentureBeatVentureBeat's mission is to be a digital town square for technical decision-makers to gain knowledge about transformative technology and transact. Our site delivers essential information on data technologies and strategies to guide you as you lead your organizations. We invite you to become a member of our community, to access:
- up-to-date information on the subjects of interest to you
- our newsletters
- gated thought-leader content and discounted access to our prized events, such as Transform
- networking features, and more