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LATEST NEWS
PUBLISHED
September 16, 2026
Databricks to invest over US$350 million in Singapore, more than double headcount
Databricks plans to invest more than US$350 million in Singapore over three years and expand its local workforce to over 500 employees. The company also plans to partner with Singapore agencies to train 20,000 people in data and AI skills.
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PUBLISHED
September 9, 2026
Databricks adds adaptive search model to speed agent retrieval
Databricks introduced Adaptive Instructed-Retriever, a model that dynamically determines how many retrieval steps an AI agent needs. The company says it is designed to improve search quality while reducing latency and enterprise AI costs.
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PUBLISHED
August 13, 2026
AI firm Databricks valued at $190 billion as it bags $5 billion in funding
Databricks raised $5 billion at a $190 billion valuation, up from approximately $134 billion in its previous funding round. The company said its annualized revenue run rate exceeded $7 billion, with year-over-year growth above 80% in the second quarter.
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