Business

Databricks Announces a Groundbreaking $250 Million Investment in India's Booming Data and AI Sector

Databricks to Boost India's Data and AI Landscape with $250 Million Investment

BENGALURU: In a significant move to foster innovation, Databricks, a leading US-based data and AI company, has pledged a $250 million investment in India over the next three years. This ambitious plan aims to enhance the country's capabilities in data and artificial intelligence through comprehensive training, research and development, and market expansion strategies.

Databricks to invest $250mn in India

The investment is set to create numerous opportunities in the tech sector, including the addition of new jobs, thereby contributing to India's growing economy. Databricks' commitment underscores the potential it sees in India as a hub for technological innovation and talent.