"Box's AI Sales Drive Record-Breaking $1 Billion Fiscal Year"

1 min read
Source: MarketWatch
"Box's AI Sales Drive Record-Breaking $1 Billion Fiscal Year"
Photo: MarketWatch
TL;DR

Box Inc. reported its first $1 billion fiscal year and announced a $100 million share-buyback program, leading to a 2% rise in its stock after hours. The company's CEO highlighted the adoption of Box AI by financial services customers, integrating advanced AI models into the Box Content Cloud, and also announced integration with Microsoft Azure OpenAI.

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