Alibaba plans $15 billion investment for tech R&D at DAMO Academy

Following in the footsteps of technology giants, including IBM and Microsoft, China’s Alibaba will create a research and development program, called DAMO Academy, through an investment of US$15 billion over the next three years. DAMO Academy will include eight research bases in seven cities across the world. At the Computing Conference 2017 in Hangzhou today, […]

New office in Australia underscores Alibaba’s regional ambitions

Chinese e-retailer Alibaba Group has opened a new base in Australia, with Alibaba Group executive chairman Jack Ma on hand to open the new office in Melbourne. The office will serve as headquarters for Alibaba’s operations in Australia and New Zealand. Last year, Alibaba Cloud, Alibaba Group’s cloud-computing subsidiary, opened a data center in Sydney […]