Databricks plans to invest more than $1 billion across Asia over the next three years after its Asia-Pacific and Japan business more than doubled in the second quarter.

More than $350 million will be allocated to Singapore, where Databricks plans to double its workforce to over 500 employees and quadruple its headquarters space to 32,000 square feet. The expansion comes as enterprises in the region move AI projects from experimentation into production.

Source: wsj.com