ThoughtSpot to invest 25 million to amplify its Artificial Intelligence and Machine Learning

ThoughtSpot will soon be investing $25M to boost its artificial intelligence and machine learning engineering center in Bangalore, India. The company will use the money to innovate for its search and AI-driven analytics platform. It will also be recruiting talent from top Indian universities.

ThoughtSpot will leverage the funding to expand its AI engineering center in Bangalore, India that will enhance the company's industry analytics and AI platform. The new recruits will collaborate directly with R&D centers in Sunnyvale and Seattle as a part of the company's engineering teams.

The company also plans to use the new funding to hire fully formed product teams for its the Bangalore office. The new hirings will include product managers, engineers, and designers. ThoughtSpot will also use the new investment to continue to hire technical and engineering aspirants from top universities.

Besides, the AI firm will also be launching it's business operations in India, catering to both global customers with data analytics and engineering teams in India, as well as enterprises based in India.

"As we drive the data-centric initiatives with our Business 4.0TM thought leadership framework in our enterprise customers to accelerate business growth and transformation, we thrive to get insights into the hands of every decision maker," said Dinanath Kholkar, Vice President, Global Head of Analytics & Insights, Tata Consultancy Services.

"By partnering with ThoughtSpot, we will be able to bring the power of search and AI-driven analytics to businesses throughout India and around the world, equipping every decision maker with the ability to find actionable insights, and make better decisions to drive business outcomes."