Image Source: DQlndia
Databricks has announced a strategic investment of over $250 million in India over the next three years, reinforcing its commitment to advancing artificial intelligence and data-driven solutions in the region. The investment was unveiled ahead of the company’s flagship Mumbai Data Intelligence Day event.
Major Developments:
-
- Databricks will expand its presence in India through workforce development, research and development, and go-to-market initiatives.
-
- The company has launched the India Data + AI Academy, a nationwide skilling initiative aimed at training 500,000 partners and customers in advanced data and AI technologies.
-
- A new 105,000-square-foot research and development office has been opened in Bengaluru, expected to house over 200 engineers by the end of the year.
-
- The company plans to increase its local workforce by more than 50 percent, bringing the total number of employees in India to over 750.
-
- Leading Indian enterprises, including HDFC Bank, Swiggy, Freshworks, and Zepto, are already leveraging Databricks’ platform for AI-driven transformation.
Databricks’ investment underscores India’s growing importance as a hub for AI talent and innovation, positioning the country as a global leader in data intelligence.
Sources: DQ India, Moneycontrol, Economic Times CFO.
Advertisement
STORIES YOU MAY LIKE
Image Source: Business Standard
Image Source : eHealth Magazine - Elets Technomedia
Advertisement