DigitalOcean Adds AI Capabilities With Acquisition Of Paperspace
The buzz around generative AI is forcing cloud providers to move fast in adding GPU-based infrastructure and machine learning platforms.
Source: forbes.com
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DigitalOcean buys Paperspace in $111m deal to build AI plan
The new AI products are aimed at SMBs and other start-ups
Source: channelweb.co.uk
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, he says -- including databases, storage, app hosting, documentation, tutorials and a robust support...
Source: yahoo.com
DigitalOcean acquires cloud computing startup Paperspace for $111M in cash
DigitalOcean has agreed to acquire Paperspace, an AI-focused cloud computing startup, for $11 million in cash.
Source: techcrunch.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, he says -- including databases, storage, app hosting, documentation, tutorials and a robust support...
Source: yahoo.com