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DOCN / DigitalOcean Bets $111 Million on AI

DigitalOcean will shell out $111 million for GPU cloud computing platform Paperspace. The deal will bring an easy way to train and deploy AI models to DigitalOcean's developer-centric platform. Read More

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Content Topics

Digitalocean

Bets

111 Million

Stock

DOCN

Posted: Jul 8 2023, 07:40

Author Name: The Motley Fool

DOCN News

By The Motley Fool
November 3, 2023

Here's Why DigitalOcean Stock Surged Higher Today

DigitalOcean beat revenue expectations in its most recent quarter, and its free cash flow skyrocketed. The company's cash position is falling as it ac

By Zacks Investment Research
November 2, 2023

Here's What Key Metrics Tell Us About DigitalOcean Holdings, Inc. (DOCN) Q3 Earnings

Although the revenue and EPS for DigitalOcean Holdings, Inc. (DOCN) give a sense of how its business performed in the quarter ended September 2023, it

By Zacks Investment Research
October 11, 2023

DigitalOcean Holdings, Inc. (DOCN) Surpasses Market Returns: Some Facts Worth Knowing

DigitalOcean Holdings, Inc. (DOCN) closed the most recent trading day at $24.70, moving +1.44% from the previous trading session.

By Zacks Investment Research
October 5, 2023

DigitalOcean's (DOCN) Expandable Storage Boosts Efficiency

DigitalOcean (DOCN) introduces Scalable Storage for Managed Databases, helping small- and medium-sized businesses to optimize costs and effortlessly e

By Zacks Investment Research
September 28, 2023

DigitalOcean (DOCN) Empowers Startups With Managed Kafka

DigitalOcean (DOCN) introduces Managed Kafka, empowering startups and small and medium-sized businesses to administer Apache Kafka easily.

By The Motley Fool
September 27, 2023

3 Top Tech Stocks to Buy Right Now

DigitalOcean's stock has dipped, but the company is well positioned for a rebound as American small and medium-sized businesses recover. PubMatic is s

By The Motley Fool
September 27, 2023

2 Super Stocks to Buy During the Latest Sell-Off in the Nasdaq

August and September are seasonally weak for the stock market. The Nasdaq Composite technology index has declined by 7.5% since the beginning of Augus

By The Motley Fool
September 21, 2023

1 Growth Stock Down 81% You Can Buy Now in September 2023

Revenue growth has propelled increases in cash flow for this explosive growth stock.

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