Dropbox bets $350 million on Tigris Data to build AI storage
Open the sourceReported by Crypto Briefing, cryptobriefing.com, 5 November 2026, by Diego Almada Lopez
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Dropbox acquired Tigris Data for $350 million to build AI-focused storage infrastructure. The deal marks a strategic shift for Dropbox toward AI capabilities and could reshape cloud storage dynamics. Tigris Data's technology is expected to support AI workloads within Dropbox's storage offerings. The acquisition highlights growing demand for storage built to handle AI data demands. What to watch next is how Dropbox integrates Tigris Data's technology and whether the move pressures rivals in cloud storage.
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Named in this story
Tigris Data, Dropbox