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DeepNewz, mobile.
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Databricks, one of the world's most valuable privately-held technology companies, announced plans to invest over $250 million in India over the next three years. The investment aims to accelerate innovation in data and artificial intelligence (AI) by expanding research and development (R&D) efforts and increasing local hiring. The company intends to boost its Bangalore R&D center headcount by more than 50%, reaching over 750 employees by the end of the year. This move reflects a broader trend of global data and AI companies increasing their presence in India to tap into the country's talent pool.
Databricks to invest over $250 million in India to advance data, AI innovation https://t.co/qYaZu2cmmT via @moneycontrolcom
Databricks to invest over $250 million in India to advance data, AI innovation The investment will boost training and enablement, R&D, & GTM resources, including increasing headcount by more than 50% to over 750 local employees by year-end. https://t.co/2OcWpG9w7L
#TechWithMC | Databricks to invest over $250 million in India to advance data, AI innovation💻 Read to know more👇 https://t.co/hzGtVBkc3z #AI #ArtificialInteligence #Databricks #Investments #Technology
