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Dropbox acquires Tigris Data for $350M to bolster its AI infrastructure

Dropbox has acquired Tigris Data for $350M to strengthen its AI infrastructure. The acquisition is expected to support the development of DBX Agent Cloud, a new storage platform designed for developers building AI models and agents.

Background

Dropbox has been expanding beyond its core file-storage business into AI-driven developer tools and infrastructure. This acquisition aligns with its push to establish a presence in the growing AI agent ecosystem.

Source
TechCrunch
Published
Nov 5, 2026 at 11:19 PM
Score
6.0 / 10