Dropbox, Inc. (NASDAQ: DBX), has launched Dropbox Ventures, a new $50M startup initiative to support the AI ecosystem, and renewing its commitment to applying AI responsibly with the introduction of its AI Principles.
Dropbox Ventures will focus investments in the next generation of startups who are transforming work by applying AI in innovative ways. Dropbox will provide portfolio companies with financial resources, mentorship, and the potential to bring new experiences to the company’s over 700M registered users who can benefit from this ecosystem.
The company also announced Dropbox Dash and Dropbox AI, new AI-powered product experiences designed to improve modern work and help customers get more out of their content.
Dropbox Dash is a universal search tool that connects all tools, content, and apps in a single search bar; Dropbox AI applies generative AI to summarize and answer questions about content saved in Dropbox starting with file previews.
FinSMEs
22/06/2023