DigitalOcean acquires cloud computing startup Paperspace for $111 million in cash

Image credits: New York Stock Exchange / Stock Photo / Getty Images DigitalOcean, the cloud hosting company, announced today that it has agreed to acquire Paperspace, a New York-based cloud computing and AI development startup, for $111 million in cash. Yancey Spruill, CEO of DigitalOcean, says Paperspaces infrastructure and tools, when integrated with DigitalOceans products, … Read more

11 executives making waves in cloud computing for 2023

Storing and organizing data and disseminating information within organizations are critical functions of many industries. Modern technology has brought advancements such as cloud computing services, enabling various industries to store, protect, back up and disseminate information efficiently. Today, cloud computing it is available and suitable for other industries to carry out various missions and operations. … Read more