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Dropbox Plans $350 Million Acquisition of Tigris to Enter AI Storage Market
(12 hours ago) · 1 source · Summarized by CryptoBipto
Dropbox is reportedly planning to acquire Tigris, an AI-focused storage company, for approximately $350 million. The deal would mark Dropbox's expansion into the AI storage sector as the company seeks to diversify its cloud storage business.
WHY IT MATTERS
This story is about a major tech company, Dropbox, potentially buying a smaller company that specializes in storing data for artificial intelligence systems.
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SOURCES
- thedefiant.io
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