From AI Insider · James Dargan · · 40s
Dropbox Buys Tigris Data for $350M AI Push
Dropbox acquires Tigris Data for $350m to build AI infrastructure for agents.
In brief
Dropbox acquires Tigris Data for $350m to build AI infrastructure for agents. Dropbox acquired Tigris Data for $350 million to develop AI infrastructure for business agents. Originally reported by AI Insider.
Acquisition Announcement
Dropbox agreed to acquire cloud technology company Tigris Data for $350 million in its largest acquisition to date.
DBX Agent Cloud Platform
The deal supports DBX Agent Cloud, a storage platform for businesses and developers building AI models and agents.
AI Integration Plan
Dropbox plans to add AI capabilities for document, image, audio, and video processing with filesystem features for agent continuity.
Here's the gist
Dropbox acquired Tigris Data for $350 million to develop AI infrastructure for business agents.
