DigitalOcean Powers AI Services with Paperspace

Digital Ocean HoldingsCloud for small and medium businesses (SMBs) and startups has acquired Paperspace, a cloud infrastructure-as-a-service provider for highly scalable applications powered by graphics processing units (GPUs).

The acquisition and integration of Paperspace’s advanced technology into the DigitalOcean platform expands DigitalOcean’s offerings, allowing customers to more easily test, develop, and deploy artificial intelligence and machine learning (AI/ML) applications and extend existing Scale and enhance your AI/ML applications to take advantage of GPUs. In a way that has hitherto been largely the domain of large corporations.

With the growing demand for AI/ML cloud solutions, Paperspace’s GPU-powered infrastructure and AI/ML-focused software stack have become valuable additions to DigitalOcean’s portfolio. Similar to DigitalOcean’s approach to the cloud, Paperspace simplifies AI/ML experiences for generative media, text analytics and natural language understanding, recommendation engines, image classification, and much more.

The acquisition will benefit customers of both organizations. Paperspace customers will now have access to a broader cloud services platform. Paperspace customers will also have access to DigitalOcean’s extensive documentation, tutorials and support system to help build and deploy AI applications. DigitalOcean customers considering or already building AI/ML applications will now be able to leverage GPUs alongside CPU workloads. DigitalOcean and Paperspace are working together to deliver a comprehensive suite of cloud services, advanced networking, and the flexibility to leverage the capabilities of both GPUs and CPUs to small businesses and businesses as AI/ML technologies evolve and demand increases. Offer to start-ups.

DigitalOcean CEO Yancey Spruill said: “We are thrilled to expand our portfolio to suit SMBs and startups globally with our simplified AI/ML services.” This is an important milestone in DigitalOcean’s commitment to revolutionize the way you harness the power of /ML.Combining these services will allow customers to build applications and grow their business, rather than focusing on infrastructure. will be able to concentrate on

Paperspace will benefit from DigitalOcean’s highly effective self-service model and efficient go-to-market strategy. The acquisition expands DigitalOcean’s serviceable market and provides cross-sell and up-sell opportunities for both companies by leveraging DigitalOcean’s mature platform, efficient marketing engine, and extensive customer base to drive growth. increase.

“DigitalOcean is known for making complex cloud technologies simple and accessible for developers and businesses alike,” said Dillon Erb, co-founder and CEO of Paperspace. “For both developers and businesses, he believes there is no better company to unlock the limitless potential of AI/ML, so he is thrilled to partner with DigitalOcean.”

Importantly, the alignment of organizational histories and cultures between DigitalOcean and Paperspace ensures a smooth integration process and collaborative working environment. Our shared values ​​and commitment to customer success will continue to drive innovation, improve the customer experience and strengthen both companies as industry leaders in cloud computing.

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