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Dropbox acquires Tigris Data for $350 million to expand AI infrastructure

Dropbox has acquired Tigris Data for $350 million as it expands its infrastructure for AI development.

The acquisition is expected to support the development of DBX Agent Cloud, a new storage platform designed for developers building AI models and agents. The deal positions Dropbox to provide storage services as part of the growing tooling ecosystem around AI agents.

Sources

TechCrunch

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