The Quiet Reinvention of Box: A Security Layer for AI Box Inc. 's latest quarterly results have sent shockwaves through the tech industry, but beneath the surface lies a more profound transformation.
As the security layer that enables AI agents to interact with sensitive files, Box is repositioning itself as an indispensable partner for artificial intelligence. The company's revenue climbed 9% to $321.
1 million in the latest quarter, driven by a surge in adoption of Enterprise Advanced, which accounts for 69% of revenue and has grown from 63% last year. Customers paying at least $100,000 annually grew 10%.