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Paperspace an AI Cloud Computing Platform Acquired for $111M by DigitalOcean

AI Chat: ChatGPT, AI News, Artificial Intelligence, OpenAI, Machine Learning

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Acquisition and Expansion of Paperspace in the AI Cloud Computing Space

This chapter explores DigitalOcean's acquisition of Paperspace, an AI cloud computing platform, as part of its expansion into the AI market. It showcases Paperspace's evolution from low-cost virtual machines to AI offerings and discusses how the merger aims to rival other vendors in the public cloud market.

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