Current Events #2

Brian Velazquez                                                                                                                 Digital Design


            An article written by Yiting Sun "Alibaba Aims to“Master the Laws”of AI and Put Virtual Helpers Everywhere". Discusses the topic of how China's e-commerce giant Alibaba has announced plans to invest more than $15 billion over the next three years in researching emerging technologies including artificial intelligence and quantum computing. Alibaba's executive chairman Jack Ma announced the establishment of the DAMO academy (DAMO stands for Discovery, Adventure, Momentum, and Outlook) on the first day of the company’s 2017 Computing Conference. Jack said that the academy will focus its research at  “solving problems” related to the Internet of things, fintech, quantum computing, and AI. Alibaba already has more than 25,000 engineers working on applying AI advances to consumer products and cloud computing services. The head of the academy Jeff Zhang states that they will be recruiting worldwide and from industries they want the top talent from many fields. And that the biggest challenge Alibaba faces is how to combine security and agility on a large scale. The main focus that the article was about was the announcement of the DAMO academy from Alibaba.


ORIGINAL SOURCE OF INFORMATION: https://www.technologyreview.com/s/609099/alibaba-aims-to-master-the-laws-of-ai-and-put-virtual-helpers-everywhere/

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