45.2 F
New York
Monday, December 4, 2023

Why did DigitalOcean stock soar today? Paperspace buy to boost AI offerings

Must read

Share Me


Cloud Network Solution

da-kuk/E+ via Getty Images

DigitalOcean (NYSE:DOCN) shares gained more than 11% on Thursday after the cloud services provider said it acquired privately held Paperspace for $111M in cash to boost its artificial intelligence offerings.

Paperspace provides cloud infrastructure with high-performance GPU tools to allow small and


Source link

- Advertisement -spot_img

More articles


Please enter your comment!
Please enter your name here

Latest article