Databricks to boost hiring, invest $250 million in India for AI expansion

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Data analytics firm Databricks said on Thursday it will ramp up hiring and invest more than $250 million in India, doubling down on the country’s artificial intelligence talent pool and growing AI investments.

The San Francisco-based company will increase its headcount by over 50% to more than 750 employees in India by the end of the fiscal year, it said in a statement.

The multimillion-dollar investment will support training initiatives, research and development (R&D) as well as go-to-market efforts such as hiring, the company added.

“Our investment…



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Databricks to boost hiring, invest $250 million in India for AI expansion


Data analytics firm Databricks said on Thursday it will ramp up hiring and invest more than $250 million in India, doubling down on the country’s artificial intelligence talent pool and growing AI investments.

The San Francisco-based company will increase its headcount by over 50% to more than 750 employees in India by the end of the fiscal year, it said in a statement.

The multimillion-dollar investment will support training initiatives, research and development (R&D) as well as go-to-market efforts such as hiring, the company added.

“Our investment…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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