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Databricks doubles NYC office space to 120,000 sq ft, expanding AI and engineering teams.

Market News
18 Oct 2026
New York Post
View Source
Bullish
Databricks doubles NYC office space to 120,000 sq ft, expanding AI and engineering teams.

Databricks is expanding its office space at 5 Bryant Park in New York City to 120,000 square feet across five floors, aiming to grow its engineering and research teams. The company views Manhattan as a key hub for developing world-class AI, especially given the city's strong presence in financial services, media, healthcare, and retail. Databricks also highlights New York's talent pool, noting that many top graduates prefer to build their careers there while working on cutting-edge AI projects. This expansion reflects the company's commitment to leveraging the city's ecosystem to advance AI innovation.

Databricks' office expansion in New York City provides context for technology sector activity on Pluang. For readers following Technology-sector US stocks, here is Pluang's market snapshot as of Oct 18, 2026 23:21 WIB: out of 150 stocks, only 11 rose while 139 fell. Among notable movers, OKTA declined 10.20% to USD 187.26 with a typical hold time of 44 days, contrasting with DOCN which fell 9.85% to USD 98.69 but saw 100% buy order activity and a 43-day hold time. SMCI also dropped 9.86% to USD 31.63, with a buy majority of 58% and a shorter hold time of 20 days.

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