AI

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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