US-based data and AI company Databricks plans to commit more than $350 million to Singapore over the next three years as businesses accelerate their adoption of artificial intelligence.
The investment will support a major expansion of the company’s Singapore operations. Databricks will establish a 32,000-square-foot regional headquarters at IOI Central Boulevard Towers and increase its local workforce from 250 to more than 500 employees. Singapore currently serves as the company’s Asia-Pacific and Japan hub.
Databricks said the expansion could also contribute to Singapore’s National AI Strategy by strengthening the country’s data and AI capabilities.
The company is seeing growing interest from enterprises seeking to deploy AI agents using their own data. Its portfolio includes Lakebase, a database designed for AI applications, Genie, an AI assistant, and Unity Gateway, a system for managing and controlling access to AI-related resources.
Alongside its business expansion, Databricks plans to launch AI-focused programmes for startups and enterprises in Singapore. It also aims to train 20,000 people in the country in data and AI skills over the next three years.
The company has recently added Singapore customers including financial services group iFAST, Singapore Customs and telecommunications operator Singtel. They join existing customers such as Standard Chartered, the CPF Board, GovTech Singapore and Toyota.
Singapore is the latest market to receive a major investment from Databricks as it expands its global AI operations. In March, the company announced an $850 million investment in the UK.
Databricks has said its revenue run-rate has crossed $7 billion, representing year-on-year growth of more than 80%.
