On October 11, 2017, at the Yunqi conference, Alibaba announced the establishment of the Dharma Academy, a laboratory for exploring the future of human science and technology, and invested 100 billion yuan in research and development within three years for research covering basic science and disruptive technological innovation.
Legendary stories say that the Dharma Academy represents the highest martial arts institution, and Alibaba hopes that the research lab named Dharma Academy will be able to achieve "the greatness of chivalry, benefit the country and benefit the people! "The Dharma Academy is the highest martial arts organization in the world. Jack Ma believes that the "Dharma Institute" is not Alibaba's laboratory, he said: the economy does not belong to Alibaba's economy, the laboratory does not belong to Alibaba's laboratory, but for the future of the world's economy is more Inclusive, more Sustainable, more Happy and Healthy! service.
"Dharma Institute" is the name of Jack Ma himself, he said: why must research institutes, laboratories, why can not create a name of their own? Chinese is called Dharma Institute, English is called Damo, called called will be more and more like. Because Alibaba wants to get out of their own mode, we will learn IBM, learn Microsoft, learn Bell Labs, learn in the past human history of scientific and technological development process of the great experience and lessons learned, but we must get out of their own way. With today's Chinese resources, China's commitment, human resources, capital, can create their own first-class in the field of science and technology. So Dharma Institute must also must surpass Intel, must surpass Microsoft, must surpass IBM, because we were born in the twenty-first century, we have the opportunity to latecomer advantage.