DigitalOcean agrees to acquire NY-based Paperspace, which offers cloud computing for AI models, for $111M in cash; Paperspace had raised $35M from YC and others (Kyle Wiggers/TechCrunch)

Elena Posted by — July 6, 2023 in Tech News —

Kyle Wiggers / TechCrunch:
DigitalOcean agrees to acquire NY-based Paperspace, which offers cloud computing for AI models, for $111M in cash; Paperspace had raised $35M from YC and others  —  DigitalOcean, the cloud hosting business, today announced that it’s agreed to acquire Paperspace, a New York-based cloud computing …

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