{"id":649862,"date":"2026-05-04T22:12:08","date_gmt":"2026-05-04T22:12:08","guid":{"rendered":"https:\/\/www.newsbeep.com\/au\/649862\/"},"modified":"2026-05-04T22:12:08","modified_gmt":"2026-05-04T22:12:08","slug":"ai-company-databricks-to-invest-416-million-in-local-expansion","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/au\/649862\/","title":{"rendered":"AI company Databricks to invest $416 million in local expansion"},"content":{"rendered":"<p>Databricks, a private US artificial intelligence software company that counts some of Australia\u2019s biggest companies as clients and has been touted for a big-money public float, plans to invest $416 million to expand its Australian operations over the next two years.<\/p>\n<p>The 13-year-old company is valued at $US134 billion ($186 billion), having raised over $US20 billion from major US venture capital firms like Andreessen Horowitz (a16z), and sovereign wealth funds <a href=\"https:\/\/www.afr.com\/chanticleer\/the-future-fund-nailed-2025-s-market-booms-here-s-what-s-next-20251102-p5n73l\" rel=\"nofollow noopener\" target=\"_blank\">including Australia\u2019s Future Fund<\/a>.<\/p>\n<p>Loading&#8230;<\/p>\n","protected":false},"excerpt":{"rendered":"Databricks, a private US artificial intelligence software company that counts some of Australia\u2019s biggest companies as clients and&hellip;\n","protected":false},"author":2,"featured_media":649863,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[20],"tags":[256,254,255,64,63,105],"class_list":["post-649862","post","type-post","status-publish","format-standard","has-post-thumbnail","category-artificial-intelligence","tag-ai","tag-artificial-intelligence","tag-artificialintelligence","tag-au","tag-australia","tag-technology"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts\/649862","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/comments?post=649862"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts\/649862\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/media\/649863"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/media?parent=649862"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/categories?post=649862"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/tags?post=649862"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}