Alibaba is to spend $15 billion on R&D over the next three years in a programme called Alibaba DAMO Academy. DAMO stands for Discovery, Adventure, Momentum and Outlook. The programme is headed up by Alibaba CTO Jeff Zhang. Initially, the Academy will focus on the opening of seven research labs in China (Beijing and Hangzhou), the United States ...
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from Electronics Weekly https://www.electronicsweekly.com/news/business/512228-2017-10/
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