Alibaba Cloud founder says early innovation doesn't need top-dollar hires: 'What happened in Silicon Valley is not the winning formula'

Alibaba Cloud founder says early innovation doesn't need top-dollar hires: 'What happened in Silicon Valley is not the winning formula'

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True innovation doesn't come from highly paid engineers, but from finding the right people to build the unknown, said the founder of Alibaba's cloud and AI unit.

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