Dropbox Plans to Acquire Tigris Data, Launches AI Infrastructure Platform and New Agentic Features

Dropbox (Nasdaq: DBX) has announced plans to acquire Tigris Data, a provider of globally distributed object storage for artificial intelligence workloads, as the company expands beyond traditional file storage into AI infrastructure and agent-powered productivity tools.

Financial terms of the proposed acquisition were not disclosed, and the transaction has not yet been completed.

Alongside the acquisition announcement, Dropbox introduced DBX Agent Cloud, a new infrastructure offering designed for companies and developers building AI applications and autonomous agents.

The platform will initially provide standalone, S3-compatible object storage, allowing developers to use existing tools and applications designed for Amazon S3 without relying on a single cloud provider.

Tigris specializes in distributed storage infrastructure that enables developers to manage and access data across multiple cloud environments. Its technology is designed to support AI training, inference and agent-based applications requiring access to large datasets and other digital assets.

Dropbox plans to expand DBX Agent Cloud with filesystem and content-processing capabilities, enabling AI applications to manage persistent files and convert documents, images, audio and video into usable inputs.

“We’re bringing AI to the work people already keep in Dropbox and extending our storage expertise to companies building AI applications,” said Ashraf Alkarmi, co-CEO of Dropbox.

“Across both, our goal is to give customers the freedom to choose how they use AI while keeping control of the content they depend on.”

The company also announced a major expansion of AI capabilities within its core Dropbox platform.

The updated experience allows customers to use natural-language instructions to find information, summarize folders, compare document versions, draft content, edit PDFs and images, transcribe recordings and modify video clips.

Users can also ask Dropbox to organize folders, rename files and perform multiple related tasks through a single request.

Before making changes, the system presents an action plan for user approval. Operations remain subject to existing file permissions, and customers can review activity records and reverse supported changes.

Dropbox is also introducing model flexibility, allowing customers to switch among supported AI models while maintaining the context of their work.

Integrations with third-party AI tools, including ChatGPT, Claude and Muse, will enable customers to work with Dropbox content without repeatedly uploading files, with resulting work connected to their existing storage and collaboration environment.

The new Dropbox experience has already reached more than 70,000 teams, according to the company.

The initial rollout targets eligible Standard and Advanced customers in the United States, United Kingdom and Australia, with English-language support. Broader availability is planned for 2027.

The announcements represent a strategic expansion for Dropbox, which has more than 700 million registered users across approximately 180 countries.

By combining Tigris’ cloud-native storage technology with its existing infrastructure and introducing agent-based capabilities for customers, Dropbox is pursuing two areas of the AI market: infrastructure for developers building AI applications and productivity tools for organizations managing large volumes of business content.