Paperspace Joins DigitalOcean to Expand AI Capabilities

DigitalOcean has acquired Paperspace, a leading provider of cloud infrastructure for GPU-accelerated applications, expanding its product offerings and enabling customers to scale in unprecedented ways. The acquisition complements DigitalOcean's existing capabilities with Paperspace's highly scalable GPU-accelerated infrastructure, allowing customers to train, build, and scale ML models in the cloud. This strategic move aligns with DigitalOcean's values of simplicity and customer success, aiming to democratize AI/ML technology for small businesses and startups worldwide, empowering them to leverage the power of both AI and the cloud with ease.