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DigitalOcean acquires cloud computing startup Paperspace for $111M in cash

DigitalOcean, the cloud hosting business, today announced that it's agreed to acquire Paperspace, a New York-based cloud computing and AI development startup, for $111 million in cash. DigitalOcean CEO Yancey Spruill says that Paperspace's infrastructure and tooling, once integrated with DigitalOcean's products, will enable customers to more easily test, develop and deploy AI applications. As for Paperspace customers, they'll benefit from DigitalOcean's cloud services,...
United States Yancey Spruill Jeff Carr Dillon Erb Daniel Kobran University Of Michigan
Source: yahoo.com

DigitalOcean acquires cloud computing startup Paperspace for $111M in cash

DigitalOcean, the cloud hosting business, today announced that it's agreed to acquire Paperspace, a New York-based cloud computing and AI development startup, for $111 million in cash. DigitalOcean CEO Yancey Spruill says that Paperspace's infrastructure and tooling, once integrated with DigitalOcean's products, will enable customers to more easily test, develop and deploy AI applications. As for Paperspace customers, they'll benefit from DigitalOcean's cloud services,...
United States Daniel Kobran Jeff Carr Dillon Erb Yancey Spruill University Of Michigan
Source: yahoo.com

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