PayPal has recently launched two technology innovation labs in India for promoting machine learning, artificial intelligence and several other technologies.

 

Lab Branches

PayPal has opened the labs in Bangalore and Chennai. Its overseas labs are in USA and Singapore.

 

Why India was the choice?

Mike Todasco, Director of Innovation at PayPal commented “India is a hotbed for innovation given its evolving startup ecosystem, diverse merchant profiles and enormous talent pool. To cater to their needs in the most effective manner, we are delighted to announce the launch of our newest Innovation Lab in India, where the focus will be on fuelling new age technology and giving rise to unconventional ideas with the potential to transform the ecosystem we operate in”.

 

The technologies to work upon

The labs will also undertake studies on Internet of Things, penetration testing, software defined radios, wireless communication, computer vision and basic robotics.

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