HP Labs is the research arm of HP that has been responsible for numerous innovations in computing and technology since 1966. Some of their breakthroughs include the first pocket calculator in 1972, inkjet printing in 1984, and 64-bit architecture in 1986. HP Labs focuses on long-term research across various fields from printing and mobile devices to cloud computing and sustainability. They collaborate with universities around the world and provide funding for research projects and student awards. HP Labs aims to deliver transformational technologies that can change business, life, and society.