(MENAFN) Singapore will be home to one of seven research labs around the world in a multibillion-dollar R&D investment from Chinese tech giant Alibaba, the firm announced on Wednesday (Oct 11).
China (Beijing and Hangzhou), the United States (San Mateo and Bellevue), Russia (Moscow) and Israel (Tel Aviv) have been tapped to house the other six facilities under Alibaba's new Discovery, Adventure, Momentum and Outlook (Damo) Academy programme.
The new labs are set to address a range of ground-breaking technologies such as the Internet of Things and human-machine interaction, with the aim of boosting efficiency, network security and ecosystem synergy for end users and businesses.
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