Databricks Plans $3 Billion Europe and Middle East Investment
Databricks plans to invest approximately $3 billion across Europe and the Middle East over the next three years, the company said in a press release. It is the company's largest regional investment outside North America.
The investment will expand Databricks' research and development teams in the region and add engineers, AI experts and customer teams. Core parts of its platform are built at engineering hubs in Amsterdam, Berlin, Belgrade and Aarhus. Databricks has more than 2,000 employees in the region and expects to grow its EMEA team by approximately 50% over three years.
The company plans to train about 500,000 students and professionals across Europe, the Middle East and Africa in data and AI skills by 2030. It says the spending will support adoption of Lakebase, Genie and Unity Gateway. Over the past six months it invested in French observability startup Tsuga, UK partner Advancing Analytics and UK AI startup Applied Computing.
The plan follows Databricks' investment of more than $500 million in the Netherlands, announced on 10 Nov.
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