Springfield, MO

Alibaba to invest $15B into tech development

Posted online

Alibaba plans to invest $15 billion over the next three years on "cutting-edge technology," officials say.

The Chinese e-commerce giant plans to focus on quantum computing and artificial intelligence.

"We aim to discover breakthrough technologies that will enable greater efficiency, network security and ecosystem synergy for end-users and businesses everywhere," said Alibaba Chief Technology Officer Jeff Zhang.

Read more from USA Today.


No comments on this story |
Please log in to add your comment
Editors' Pick

Day in the Life with Matt Morrow

SBJ shadows the Springfield chamber president.

Most Read