Dropbox plans to acquire AI storage startup Tigris Data for $350M, its largest acquisition to date; Tigris raised ~$31.9M from Spark, a16z, and others (Mary Ann Azevedo/Crunchbase News)

TechMeme • November 05, 2026

Generative AI

Mary Ann Azevedo / Crunchbase News: Dropbox plans to acquire AI storage startup Tigris Data for $350M, its largest acquisition to date; Tigris raised ~$31.9M from Spark, a16z, and others - Dropbox announced Thursday plans to acquire Tigris Data for $350M in a transaction the company told Crunchbase News would mark …

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Mercedes-Benz rolls out conversational models that run directly on its cars instead of the cloud through a partnership with MIT spinout Liquid AI (Isabelle Bousquette/Wall Street Journal)
ElevenLabs says users can now publish AI-generated music made with ElevenMusic directly on SoundCloud and that users have created 25M+ tracks using its models (Ivan Mehta/TechCrunch)
Dropbox acquires Tigris Data for $350M to bolster its AI infrastructure
Scaling Sovereign Wealth: Evaluating Mechanisms for the U.S. Government to Own Parts of AI Companies
You can post AI music straight to SoundCloud from ElevenLabs

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