Home Alibaba to double R&D spending to USD 15 bln, with eye towards 'moonshot' projects
 

Keywords :   


Alibaba to double R&D spending to USD 15 bln, with eye towards 'moonshot' projects

2017-10-11 09:16:00| Telecompaper Headlines

(Telecompaper) Alibaba said it will be doubling its R&D spend over the coming three years to USD 15 billion in order to develop next-generation technology and explore moonshot projects aimed at upending industries, Bloomberg reported. Alibaba plans to set up seven research labs and hire 100 scientists around the world to push further into artificial intelligence, the Internet of Things and quantum computing, the company said in an emailed statement. Specific fields include machine learning, visual computing and network security.

Tags: double projects eye usd

Category:Telecommunications

Latest from this category

All news

20.08Austrian Mobile Operators 2018 Q2 - excel
20.08TRA tells Batelco to submit plan to split into two entities by 06 September
20.08Last week in telecoms: all eyes on Germany
20.08China Telecom grows H1 service revenue 7%, net profit up 8%
20.08Dtac, AIS win 1,800 MHz licences for THB 12.5 billion
20.08Zambia considers VoIP tax to bolster falling telco revenues
20.08Reliance Jio surges past 215m customers, with 9.71m new adds in June
20.08Inwi's network upgrade brings 1Gbps LTE mobile speeds to Morocco
Telecommunications »
21.08Encuesta sobre el Bono para el Reemplazo de Parques: Denos su opinión sobre nuestro trabajo!
21.08Is roaring US economy a mirage?
21.08Internal HR Dashboard for Directors
21.08ROW - SW Alder between SW 11th and SW 12th Aves
21.08FYI, cattle didnt cause those wildfires
21.08Item 901 BDS fees
21.08108 SW 3rd Ave
21.08Item 901 PBOT MDP memo
More »