Dropbox acquires Tigris Data for $350M to bolster its AI infrastructure
Summary
Cloud storage provider Dropbox has purchased Tigris Data for three hundred fifty million dollars. The acquisition is intended to strengthen artificial intelligence infrastructure and support the creation of a new storage platform for developers.
The deal is expected to support the development of DBX Agent Cloud, a new storage platform aimed at developers building AI models and agents.
Source: Read the full story at TechCrunch
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