Box launches AI-powered Automate service

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Box is launching Box Automate, a new AI-driven workflow service designed to help businesses handle repetitive processes such as invoice management, document extraction and large-scale data processing more efficiently.

CEO Aaron Levie said the platform allows companies to deploy AI agents into operational workflows, automating tasks like extracting key invoice data, processing corporate documents and preparing decisions for human review.

Box Automate will be included across most enterprise plans, while more advanced automation tools may encourage upgrades to higher-tier offerings. The launch reflects Box’s broader strategy to evolve from cloud storage into AI-enabled enterprise infrastructure.

Levie emphasized that while AI can dramatically improve productivity, businesses still require human oversight for critical systems due to operational and security risks.

Starboard takes major stake in Dynatrace

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Activist investor Starboard Value has reportedly built a major position in AI software company Dynatrace and is pushing for strategic changes aimed at lifting its valuation.

According to reports, Starboard argues Dynatrace shares are undervalued relative to peers and believes slower revenue growth concerns have weighed too heavily on the stock. The firm is reportedly urging faster capital returns, including an accelerated share buyback program that could exceed $2.5 billion over three years.

Dynatrace shares rose sharply in after-hours trading following the report. The company had already launched a $1 billion repurchase plan earlier this year despite shares remaining down significantly year-to-date.

The move positions Starboard among Dynatrace’s largest shareholders and signals possible pressure for broader financial or operational adjustments.

Sam Altman’s sister loses legal team in abuse case

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The two law firms representing Annie Altman in her sexual abuse lawsuit against OpenAI CEO Sam Altman have filed to withdraw from the case, citing a breakdown in the attorney-client relationship.

Court filings say the firms consider continued representation impracticable due to confidential and professional concerns. Annie Altman is now seeking new legal counsel, pending court approval.

Sam Altman has denied allegations that he sexually abused his sister during their childhood and has filed a defamation countersuit, arguing the claims are false and financially motivated.

The case is separate from ongoing corporate litigation involving Elon Musk and OpenAI. As this remains an active legal matter with disputed allegations, no court ruling has established liability.