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DigitalOcean buys Paperspace in $111m deal to build AI plan

The new AI products are aimed at SMBs and other start-ups

10 July 2023 • 2 min read

DigitalOcean buys Paperspace in $111m deal to build AI plan

DigitalOcean has acquired cloud computing start-up Paperspace for $111m in cash in a move to create new artificial intelligence (AI) and machine learning (ML) offerings for SMBs and start-ups. P...

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Microsoft increases penalties for partner violations

BT chief exec Philip Jansen planning to step down

Vendor

SoftBank in advanced talks to buy British AI chip designer Graphcore: report

Once seen as a viable competitor to Nvidia, Graphcore’s business suffered in 2022 from deteriorating macroeconomic conditions that slowed down sales of systems outfitted with its IPUs, and now it’s reportedly in talks to sell itself to Japanese investment giant SoftBank.

09 May 2024 • 2 min read