Databricks, a US-based data and AI software company, opened a 32,000 sq ft office at IOI Central Boulevard Towers in Singapore on November 4 as part of its plan to invest more than US$350 million in the country over the next three years.

The new site is 4x the size of Databricks’ previous Singapore office.

The company said it plans to expand its local team to more than 500 people, including over 200 forward-deployed engineers.

Databricks also launched an AI accelerator for startups that aims to support more than 100 early-stage companies over three years.

It also highlighted a student challenge that drew over 200 project ideas.

The expansion comes as Databricks reported a revenue run rate of more than US$7 billion.

The company has also partnered with Singapore’s Economic Development Board and Infocomm Media Development Authority to support the country’s national AI agenda.

🔗 Source: Databricks

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