Dropbox: Latest News and Analysis

Wall Street Journal
Cloud AI Startup Vultr Raises $333 Million at $3.5 Billion Valuation
Chip giant Advanced Micro Devices and hedge fund LuminArx Capital Management raised $333 million for a growth financing round for cloud startup Vultr, a sign of the hot demand for artificial ...
Reuters
Exclusive: Major cloud providers could get key role in AI chip access outside the US, sources say
In its latest jab at Beijing, the U.S. will empower companies like Google and Microsoft to act as gatekeepers worldwide for highly sought-after access to AI chips, two people familiar with the draft ...
Reuters
Amazon's cloud service shows new AI servers, says Apple will use its chips
Amazon.com's cloud unit on Tuesday showed new data center servers packed with its own AI chips that will challenge Nvidia , with Apple coming aboard as a customer to use them.
Wall Street Journal
Amazon Announces Supercomputer, New Server Powered by Homegrown AI Chips
The company’s megacluster of chips for artificial-intelligence startup Anthropic will be among the world’s largest, it said, and its new giant server will lower the cost of AI as it seeks to build an ...
TechCrunch
Why AI agent startup /dev/agents commanded a massive $56M seed round at a $500M valuation
If that sounds promising to you, /dev/agents’ investors might agree.
VentureBeat
Amazon doubles down on Anthropic, positioning itself as a key player in the AI arms race
Amazon strengthens its position in the AI race with an additional $4 billion investment in Anthropic, committing to custom silicon and cloud dominance to compete with Microsoft and Google.
Reuters
Amazon doubles down on AI startup Anthropic with another $4 bln
Amazon.com pumped another $4 billion into OpenAI competitor Anthropic, as the e-commerce giant goes up against Big Tech rivals in a race to capitalize on generative artificial intelligence technology.
VentureBeat
Google Cloud launches AI Agent Space amid rising competition
VentureBeat's viewing of the AI Agent Space revealed only 19 distinct agent models available for use, a fry cry from cloud rivals.
Reuters
KPMG to spend $100 million on AI partnership with Google Cloud
KPMG said on Wednesday it would spend $100 million over the next four years to bolster its enterprise artificial intelligence services through a partnership with Alphabet's Google Cloud.
TechCrunch
The art of the AI pitch: Winning over investors in 2025
TechCrunch was proud to host Dropbox at Disrupt 2024 in San Francisco. Here's an overview of their Breakout session.
TechCrunch
Dropbox is laying off 20% of its staff
Dropbox is laying off 20% of its staff as the cloud storage company undergoes what CEO Drew Houston calls a "transitional period."