Dropbox buys Tigris Data for $350M to boost AI infra
dropbox acquires tigris data for $350 million to strengthen its ai infrastructure capabilities and support dbx agent cloud, a new storage platform for businesses and developers building ai models and agents.
dropbox has acquired tigris data for $350 million to bolster its ai infrastructure. the deal, expected to close in q4 2026, will support dbx agent cloud, a new storage platform for businesses and developers building ai models and agents. tigris data provides cloud storage technology that automatically positions data closer to users and computing resources, reducing access times and improving performance. dropbox also plans to expand dbx agent cloud with additional capabilities for handling different types of content and filesystem features for ai agents. the company has already integrated ai capabilities into its core product, allowing users to ask ai to perform tasks using their files and connect to third-party tools like chatgpt.