Databricks to Invest $3B in Europe and the Middle East Over Three Years

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Databricks plans to invest about $3 billion in Europe and the Middle East over the next three years, its largest regional commitment outside North America, as it expands its enterprise AI business.

The US data and AI company said the plan will support research and development, engineering, customer teams and startup partnerships. It also expects to increase its headcount across Europe, the Middle East and Africa by about 50%. The company currently has more than 2,000 employees in the region.

Databricks aims to train nearly 500,000 students and professionals in data and AI skills by 2030, covering areas including data engineering, machine learning, generative AI and AI-agent applications.

The investment will also support products including Lakebase, a serverless PostgreSQL database for AI applications and agents; Genie, which helps employees query enterprise data in natural language; and Unity Gateway, a governance and routing layer for managing multiple AI models.

Databricks said it will increase support for startups through direct investments, accelerator programs and partnerships with entrepreneurship hubs. The company has invested in three companies over the past six months, though it did not disclose how the $3 billion will be divided between Europe and the Middle East.

Source: Jawlah

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