Alibaba eyes self driving vehicles

China's largest e-commerce conglomerate Alibaba Group Holding Ltd confirmed on Tuesday that it has been working on autonomous driving technologies, as the country's three major internet giants all tap into the cutting-edge segment.

The company confirmed to China Daily that one of its teams is "developing autonomous driving technologies and is making rapid progress".

It also said that the research, led by Wang Gang, chief scientist of the company's AI Labs, is likely to become the first project of its DAMO Academy, a research institute set up by the company to attract world-class talent in areas including quantum computing, machine learning and basic algorithms.