(Boursier.com) — Box Inc., a US group providing secure cloud solutions for enterprise file storage and sharing, announced last night a strong fiscal first quarter, beating expectations, with revenues of $252 million beating forecasts, a non-GAAP operating margin of 23% and operating cash flow of 125 million dollars, up 16%. Free cash flow increased by 19% to 108 million. Box has unveiled Box AI, a new feature set that will natively integrate advanced AI models into Box Content Cloud, bringing Box’s enterprise-grade standards for security, compliance and privacy to this “breakthrough technology”. At the same time, Box also announced that it will integrate OpenAI’s most advanced AI models with Box Content Cloud, enabling new ways to understand and create content on Box.
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