Dropbox Announces New AI-Powered Tools, $50 Mn AI-Focused Venture Initiative

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Dropbox Announces New AI-Powered Tools, $50 Mn AI-Focused Venture Initiative


San Francisco: Cloud storage big Dropbox has introduced two new AI-powered instruments — Dropbox Dash and Dropbox AI — that can assist customers get extra out of their content material, and likewise launched a $50 million AI-focused enterprise initiative.

According to the corporate, ‘Dropbox Dash’ is an AI-powered common search that can join all customers’ instruments, content material, and apps in a single search bar.

“With connectors to major platforms like Google Workspace, Microsoft Outlook, Salesforce, and more, you can find everything in one place, fast. Now you can skip those time-consuming tasks like toggling between apps to share content, join a meeting, and find a deck your teammate shared,” Dropbox mentioned in a blogpost on Wednesday.

Dropbox Dash is at the moment out there in English to pick out prospects in beta.

With ‘Dropbox AI’, customers will get shortly summarised content material and solutions.

The firm mentioned it’s making use of AI to file previews, considered one of its most extremely trafficked net surfaces with Dropbox AI and shortly customers will be capable of use Dropbox AI on their folders or their complete Dropbox account.

Dropbox AI for file previews is at the moment in alpha and is accessible within the US to all Dropbox Pro prospects and began rolling out to pick out Dropbox Teams to check.

Moreover, the cloud storage big additionally launched Dropbox Ventures — a brand new $50 million enterprise initiative to propel the subsequent technology of startups who’re remodeling how we work by improvements in AI.

Portfolio firms will obtain monetary help and mentorship to construct new AI-powered merchandise that can form the way forward for work, the corporate mentioned.

In April, Dropbox introduced to put off 16 per cent of its workforce, or about 500 staff, because of slowing development.





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