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Business

Dropbox acquires Tigris Data for $350M to bolster its AI infrastructure

AI News & Artificial Intelligence | TechCrunch · By Lauren Forristal ·

The deal is expected to support the development of DBX Agent Cloud, a new storage platform aimed at developers building AI models and agents.

Read the full story at techcrunch.com ↗

The Brief

  • Dropbox has acquired Tigris Data for $350M, according to TechCrunch.
  • The deal is expected to support development of DBX Agent Cloud, a new storage platform.
  • DBX Agent Cloud is aimed at developers building AI models and agents.

Why it matters

Dropbox is positioning a new storage platform for developers building AI models and agents, which may affect the AI infrastructure options it offers them.

Who’s affected

  • Developers building AI models and agents
  • Dropbox users and developers interested in DBX Agent Cloud
  • #acquisition
  • #ai infrastructure
  • #storage
  • #dropbox
  • #ai agents

Timeline

  1. Dropbox announced its acquisition of Tigris Data for $350M

  2. AI News & Artificial Intelligence | TechCrunch

    Dropbox acquires Tigris Data for $350M to bolster its AI infrastructure

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