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Dropbox's acquisition of Tigris Data and the launch of DBX Agent Cloud represent a strategic consolidation in the AI infrastructure sector, specifically targeting high-speed object storage optimized for multi-agent workflows. By integrating features that reduce latency and manage data sandboxes, this move directly addresses critical bottlenecks in scaling generative AI applications across public cloud environments. The deal signals a shift from general-purpose file sharing toward specialized hardware-agnostic storage solutions designed to support the growing ecosystem of autonomous AI agents.
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 […] The post Dropbox acquires Tigris Data for $350M, releases new AI productivity features appeared first on SiliconANGLE.
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 its flagship file sharing platform. Sunnyvale, California-based Tigris Data offers…
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