Box announced the general availability of Box Extract on January 15 2026, adding a new AI‑powered tool that pulls structured data from unstructured documents and stores it as metadata within the Box platform. The release is part of Box’s broader AI‑first strategy, which has been evolving since the launch of Box AI in May 2023 and the Enterprise Advanced plan in January 2025.
Box Extract is available to customers on the Enterprise Advanced plan and offers two agent types: a Standard Extract Agent for quick data capture and an Enhanced Extract Agent that applies multimodal reasoning to complex documents. The tool can export extracted data to popular analytics platforms such as Databricks and Snowflake, enabling organizations to embed insights directly into their data pipelines and accelerate decision‑making.
The announcement underscores Box’s commitment to partnering with leading AI providers. Box Extract leverages generative models from Google, Anthropic, and OpenAI, allowing the company to offer a broad range of capabilities without building all models in-house. This partnership strategy positions Box as a secure, neutral AI integration platform that can adapt to evolving customer needs.
Aaron Levie, co‑founder and CEO, said the launch “unlocks a gold mine of data in enterprises’ untapped content.” He added that Box is “reimagining the company from the ground up to be AI‑first in every way,” highlighting the strategic importance of the new tool in driving future revenue growth and deepening customer stickiness.
Box’s AI evolution has been incremental: after unveiling Box AI in 2023, the company added new features and bundled them into the Enterprise Advanced plan in 2025. Box Extract builds on this foundation by providing OCR, retrieval‑augmented generation, and customizable extract agents, giving customers a flexible, end‑to‑end solution for data extraction and workflow automation.
The launch is expected to strengthen Box’s competitive moat in the enterprise content management market. By offering advanced AI extraction capabilities and seamless integration with data platforms, Box can differentiate itself from competitors that rely on less sophisticated or proprietary AI solutions.
The product launch signals to investors that Box is investing heavily in AI to create new revenue streams and increase customer retention. While the announcement does not include immediate financial results, it sets the stage for future earnings growth driven by AI‑enabled services.
The release also highlights Box’s focus on secure, compliant AI solutions, reinforcing its positioning as a trusted partner for enterprises that require stringent data governance and privacy controls.
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