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Alibaba's research arm shuts quantum computing lab amid restructuring
Alibaba, the Chinese tech giant, has donated its quantum computing laboratory and team to Zhejiang University. The lab and related experimental equipment were part of Alibaba's research arm, the DAMO Academy. The academy will focus on being a leader in AI research. Zhejiang University plans to recruit the affected employees to work on its own quantum research. This move is part of Alibaba's internal changes, which include splitting its business into six units and conducting strategic reviews to differentiate between core and non-core businesses.
Alibaba, the Chinese tech giant, has donated its quantum computing laboratory and team to Zhejiang University. The lab and related experimental equipment were part of Alibaba's research arm, the DAMO Academy. The academy will focus on being a leader in AI research. Zhejiang University plans to recruit the affected employees to work on its own quantum research. This move is part of Alibaba's internal changes, which include splitting its business into six units and conducting strategic reviews to differentiate between core and non-core businesses. 
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