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Dropbox uses artificial intelligence from OpenAI 'so you can work faster in Dropbox,' it says, but some users were alarmed to find a 'Third-party AI' setting turned on by default.
Cloud storage giant Dropbox is under scrutiny after revelations that a new setting, enabled by default, shares users' data with OpenAI when using an AI-powered search feature.
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Dropbox saw its stock price rise in after hours trading, as the company beat its guidance and outlined future plans for AI.
Dropbox (NASDAQ:DBX – Get Rating) had its price target boosted by Citigroup from $24.00 to $27.00 in a report published on Wednesday, The Fly reports. Separately, The Goldman Sachs Group upgraded Dropbox from a sell rating to a neutral rating and lifted their price target for the company from $22.00 to $25.00 in a research […]