Dropbox Acquires Tigris Data for $350M to Bolster Its AI Infrastructure

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

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

Dropbox to buy Tigris Data for $350M and launch DBX Agent Cloud

Dropbox plans to acquire Tigris Data, a startup that provides cloud storage for AI workloads, for $350M. The company announced the deal alongside the launch of a new service aimed at businesses and developers building AI applications and agents. Called DBX Agent Cloud, the service is designed to provide infrastructure for AI workloads across multiple […] This story continues at The Next Web

Dropbox to buy Tigris Data in USD $350 million deal

The deal would extend Dropbox beyond file sharing as it races to meet rising demand for storage underpinning AI applications.

Dropbox acquires Tigris Data for $350M, releases new AI productivity features

Dropbox Inc. is acquiring cloud storage startup Tigris Data Inc. for $350 million. The company announced the deal today in conjunction with a major update to its product portfolio. It introduced DBX Agent Cloud, a service that artificial intelligence agents can use to store their data. Dropbox is also adding new AI productivity features to […]

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

Dropbox is making a big push into AI infrastructure with a $350 million acquisition of cloud technology company Tigris Data, marking what appears to be its largest acquisition to date. Announced Thursday, the deal is expected to strengthen Dropbox’s AI infrastructure capabilities and support the…