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Dropbox acquires Tigris Data for $350 million

The $350 million deal aims to enhance cloud capabilities and launch DBX Agent Cloud, a storage platform for building AI models and agents.

Field
industry news
What they did
Dropbox has acquired cloud technology company Tigris Data for $350 million to strengthen its AI infrastructure capabilities.
Why it matters
The deal is intended to support the development of DBX Agent Cloud, a new storage platform aimed at businesses and developers building AI models and agents.
#dropbox#tigris data#ai infrastructure#cloud storage#dbx agent cloud

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