Alibaba Launches Global Research Program for Cutting-edge Technology Development

Oct 11, 2017 - Hangzhou -

Alibaba Group Holding Ltd. announced today the launch of an innovative global research program, “Alibaba DAMO Academy,” which is designed to increase technological collaboration worldwide, advance the development of cutting-edge technology and strive to make the world more inclusive by narrowing the technology gap. With the setup of the Academy, the company expects to invest more than US$15billion in research and development over the next three years.

Alibaba Launches Global Research Program for Cutting-edge  Technology Dev...

The Academy, which stands for the “Academy for Discovery, Adventure, Momentum and Outlook,” will oversee the opening of research and development labs worldwide and seek to recruit talented scientists and researchers to join the program. Alibaba Group’s Chief Technology Officer, Jeff ZHANG will be the head of the Academy.

“Over the past 18 years, we have developed a robust technology infrastructure that supports the rapid growth of our business. With our global expansion, we have grown and refined our technology manifold. We are now looking for talented and driven researchers to join us in the quest for new disruptive technologies that would advance our every-day lives, benefit small businesses and narrow the technology gap to make our world a more inclusive place,” Zhang added.

The Academy is the first major global initiative to focus on developing the global technological capabilities and infrastructure that will enable Alibaba to fulfil its commitment to serve 2 billion customers and create 100 million job opportunities in 20 years. Alibaba now has around 25,000 engineers and scientists on its staff.