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The buzz around generative AI is forcing cloud providers to move fast in adding GPU-based infrastructure and machine learning platforms.

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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,...

Paperspace offers cloud infrastructure as a service for applications using GPUs.

DigitalOcean announced it has acquired Paperspace for $111 million in cash, with a goal to integrating Paperspace's AI solutions.

DigitalOcean has agreed to acquire Paperspace, an AI-focused cloud computing startup, for $11 million 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,...

New York, NY (PRWEB) October 07, 2021 -- Paperspace today announced the latest version of their Gradient ML platform. Included in the release is Gradient