Alibaba’s 15 billion R&D global push—DAMO Academy (达摩院) — is named after Indian Buddhist monk Bodhidharma

qz.com

Earlier this week, China’s e-commerce giant Alibaba announced that the company will invest $15 billion in R&D projects in the next five years and open seven tech labs across the globe—an initiative it's calling DAMO Academy. DAMO is a mouthful that stands for “Discovery, Adventure, Momentum, and Outlook,” and highlights Alibaba’s ambition to turn itself...

Read more...
Linkedin

Want to receive more content like this in your inbox?