Databricks to boost its headcount in India by 50%, invest $250 mn

New Delhi: US-based data and AI company Databricks on Thursday announced its plans to invest over $250 million (about Rs 2,134 crore) in India over the next three years to accelerate innovation in data and artificial intelligence (AI). The investment will fuel training, R&D, and marketing efforts, including a 50 per cent headcount boost to over 750 local employees by the end of this fiscal year, a company statement said.