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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

 

Black Friday mobile spending to hit GBP10bn

2017-10-09 14:33:00| Daily apparel & textile news and comment - from just-style.com

Around GBP10bn (US$13.18bn) is expected to be spent through mobile devices in November as UK retailers prepare for the Black Friday shopping event.

Tags: black mobile friday hit

 
 

EIA expects US household spending for gasoline to remain below $2,000 in 2017; record-high gasoline consumption of 9.3M barrels/day

2017-10-09 13:55:38| Green Car Congress

Tags: of remain spending household

 

Teens Summer Spending on Cosmetics

2017-10-02 08:30:00| Happi Breaking News

Tags: summer spending teens cosmetics

 

States with highest per-pupil spending, Fiscal 2015

2017-09-12 21:11:43| American School & University

Numbers from the U.S. Census Bureau show the highest-spending states tended to be in the Northeast.

Tags: states highest fiscal spending

 

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