Search results for Box Extract
AI & Enterprise
How Box broke through SaaS apocalypse fears
Box posted quarterly results that beat Wall Street estimates as worries spread that AI could upend the enterprise software market. Adjusted earnings per share came in at 49 cents and revenue rose 9 percent to $305.9 million. Remaining performance obligations increased 17 percent to $1.7 billion. The company highlighted growth in its Enterprise Advanced subscription and added features to its Box AI Suite, while issuing guidance above consensus.
AI & Enterprise
Chinese AI firms step up push as Korea sovereign foundation model drive enters new phase
Chinese tech firms are accelerating expansion in the AI market, with Baidu’s Ernie Assistant topping 200 million monthly active users and Kuaishou’s Kling AI reporting 12 million users and more than $20 million in monthly revenue. Alibaba unveiled a major update to its Qwen app. Startups also pressed ahead, including DeepSeek and Moonshot AI. In South Korea, a government-led foundation model project advanced three teams to the next stage and plans an additional selection.
AI & Enterprise
Box unveils agentic AI data extraction feature for document analysis
Box has unveiled Box Extract, a feature that automatically analyzes hidden insights in documents to support corporate decision-making, SiliconANGLE reported on Thursday. Box Extract uses external AI models from OpenAI, Google and Anthropic to pull meaningful information from business documents such as invoices and contracts. It offers a standard agent focused on cost-effective extraction and an enhanced agent for deeper analysis. Companies can choose large language models including Google Gemini 3, OpenAI GPT-5.2 and Anthropic Claude Opus 4.5.