Dropbox Invests in AI and Introduces New AI-Powered Features for Knowledge Work.

1 min read
Source: TechCrunch
Dropbox Invests in AI and Introduces New AI-Powered Features for Knowledge Work.
Photo: TechCrunch
TL;DR Summary

Dropbox has launched a $50m venture fund, Dropbox Ventures, to support startups in the AI space. The fund will provide mentorship and financial support to build AI-powered products that "shape the future of work". Dropbox also announced new AI-powered features for its cloud storage product, including a universal search bar called Dropbox Dash and Dropbox AI, which summarises and extracts information from files stored in a Dropbox account. The company reaffirmed its commitment to building AI technologies "so that they're as fair and reliable as possible".

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