Paperspace
AI cloud computing startup acquired for $111M by DigitalOcean
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Jul 8, 2023 • 12min
Paperspace an AI Cloud Computing Platform Acquired for $111M by DigitalOcean
DigitalOcean acquires AI cloud computing startup Paperspace for $111M, enhancing its AI capabilities and expanding cloud infrastructure offerings. The acquisition is expected to boost AI application development and deployment, and rival other vendors in the public cloud market. DigitalOcean aims to stay competitive in the AI cloud computing and machine learning industry with this move.
