Dropbox to acquire Tigris Data for $350 million to strengthen AI infrastructure
DBX Dropbox Inc
$32.58 -6.00%
View chart & analysis → - 1Dropbox will acquire Tigris Data at an acquisition price of $350 million.
- 2Dropbox implemented a 9% reduction of its global workforce last month.
- 3Tigris Data recorded a Series A funding size of $25 million last year.
So what's the key point?
Dropbox has decided to buy Tigris Data for $350 million. This move is intended to strengthen its artificial intelligence foundation.
Source TechCrunch +2 · View original ↗
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