[eastunder]

DigitalOcean and AMD Collaborate to Advance AI Using Cloud-Based GPUs

https://www.businesswire.com/news/home/20250612003497/en/DigitalOcean-and-AMD-Collaborate-to-Advance-AI-Using-Cloud-Based-GPUs

NEW YORK--(BUSINESS WIRE)--DigitalOcean Holdings, Inc. (NYSE: DOCN), the simplest scalable cloud for digital native enterprises, today announced a collaboration with AMD that provides DigitalOcean customers with access to AMD Instinct™ GPUs as DigitalOcean GPU Droplets to power their AI workloads starting with the AMD MI300X GPUs. Later this year, DigitalOcean will offer AMD Instinct™ MI325X GPUs, further expanding access to powerful and affordable GPU models. AMD Instinct™ MI325X GPU accelerators set new AI performance standards, delivering incredible performance and efficiency for training and inference.

AMD Instinct MI300X GPUs deliver leadership performance for accelerated high-performance computing (HPC) applications and the newly exploding demands of generative AI. With the AMD ROCm™ software platform, customers can develop powerful HPC and AI production-ready systems faster than ever before. Its large memory capacity allows it to hold models with hundreds of billions of parameters entirely in memory, reducing the need for model splitting across multiple GPUs. By combining powerful AMD AI compute engines and DigitalOcean's cloud technologies, the collaboration aims to empower the massive community of digital native enterprises to integrate AI into their applications and support the most demanding AI workloads at scale.

These next-generation GPUs have already been available in bare metal configurations for customers seeking increased control and computing power. These GPUs are now also available as GPU Droplets or as DigitalOcean Kubernetes worker nodes. The GPU Droplets are available both as single and eight GPU configurations, allowing customers to optimize costs for their specific use cases.

Accessing these GPU Droplets through DigitalOcean offers several key benefits, including competitive pricing at $1.99/GPU per hour, a simple setup process, and enterprise-grade SLAs. While other cloud providers require multiple steps and deep technical knowledge to configure security, storage, and network requirements, DigitalOcean’s GPU Droplets can be set up with just a few clicks.

In addition to these new GPUs, customers will also have access to AMD Developer Cloud, a new platform powered by DigitalOcean that is purpose-built for rapid, high-performance AI development. Customers will have access to a fully managed environment that provides instant access to AMD Instinct MI300X GPUs—with zero hardware investment or local setup required. Whether fine-tuning LLMs, benchmarking inference performance, or building a scalable inference stack, the AMD Developer Cloud provides the tools and flexibility to get started instantly—and grow without limits.

“DigitalOcean’s collaboration with AMD is another proof point to make AI easily accessible to our customers,” said Bratin Saha, Chief Product & Technology Officer at DigitalOcean. “With access to AMD GPUs, DigitalOcean customers have an extensive portfolio of GPUs with the flexibility of the computing configuration that best suits their requirements.”

"At AMD, we are proud to work with DigitalOcean to provide developers with cutting-edge solutions for developer enablement and demanding workloads that require large amounts of memory,” said Negin Oliver, corporate vice president of business development, Data Center GPU Business, at AMD. “Together, AMD and DigitalOcean are committed to providing the critical innovative technologies required to support the evolving needs of growing tech businesses.”

To access AMD Instinct GPUs with DigitalOcean, visit the DigitalOcean website.

About DigitalOcean

DigitalOcean is the simplest scalable cloud platform that democratizes cloud and AI for digital native enterprises around the world. Our mission is to simplify cloud computing and AI to allow builders to spend more time creating software that changes the world. More than 600,000 customers trust DigitalOcean to deliver the cloud, AI, and ML infrastructure they need to build and scale their organizations. To learn more about DigitalOcean, visit www.digitalocean.com.

[eastunder]

DOCN cpps 27.86

[EarningsCentral]

[Bourbon_on_my_cornflakes]

quite a beat down on no news

[bwrbad]

hope they do not sink the boat in the ocean and issues a solid PR before any adverse market response.

[bwrbad]

OMG, Why CEO sold $47M share this month alone and why other directors doing the same - is some thing wrong. Liked this stock and holding a sizeable pool long time, but this was not expecting from insider particularly CEO. Is something wrong Mr. CEO SPRUILL YANCEY that you are not telling before cashing out. Well indicator light clearly on and time is limited

[Monksdream]

Not bad since Jan 1

[UpTickMeA$AP]

Analyst Gabriela Borges from Goldman Sachs, who initiated the Buy on DigitalOcean, ranks among the worst analysts, towards the very bottom.

Ranked #7,084 out of 7,861 Analysts on TipRanks (#16,931 out of 18,448 overall experts).

Success
Rate: 39%

Average
Return: -10.6%

https://www.tipranks.com/experts/analysts/gabriela-borges

[UpTickMeA$AP]

This just can't hold any upward movement.. even with Goldman Sachs buy rating. Looks like that buy rating was initiated so their people can sell into it.. So gross.

With the market on the verge of recession, possible war, rate hikes, crazy inflation, and the continuous failure by this administration... It's looking like more bloodbath is definitely in the cards for 2022. Biden talking about fear, and playing the blame game... It's a sad time in America.

It's going to be a rough couple years.... These small to mid sized businesses they target, will be getting slaughtered.

[UpTickMeA$AP]

I like the number movement in earnings, and definitely like entry in lows. Watching this one. Market conditions could bring this much lower. Dilution needs to stop.

A turn in the market, and end to dilution, and this flys. Although, that could be many months away.

[peterquinnvet]

DigitalOcean Holdings ( DOCN -1.20% ) has found an edge in the smaller end of the market. It focuses on serving small to mid-sized businesses, and it's beating its competitors on price, service, and ease of use.

DigitalOcean makes deploying virtual machines simple with a suite of one-click features, and its services are up to 41% cheaper than AWS depending on the configuration. And at $0.01 per gigabyte per month for bandwidth, it's 80% cheaper than its nearest competitor. Whether you're building apps, managing databases, or in need of storage, DigitalOcean's monthly plans range between $0 and $15 as a starting point, making them affordable for even the smallest of start-ups.


The company now serves over 609,000 businesses, with its revenue per customer hitting an all-time high of $65.87 in 2021. DigitalOcean estimates that by 2025, its annual market opportunity will be worth $145 billion. Given it generated just $429 million in revenue last year, it has a long runway for growth.

https://www.fool.com/investing/2022/03/29/5-cloud-computing-growth-stocks-to-buy-right-now/

[nickgrant2]

Looks like its back down the snake to 50s.

Does anyone know the interest details on the loan noye 0% main but new release mentions special interest. The details are suspiciously missing.

Loan note owner must be laughing his head off at the timing.

[pauljack13]

Sitting at a 13 billion dollar market cap. Still room to grow.

[ChuckBits]

Actually closed at 130.26 in regular hours. Even more "unbelievable" is DOCN still seems to be flying way under the radar! Nobody cares!

I'm probably dreaming, but can you imagine this being a "Shopify"?

[pauljack13]

Holy cow. Hitting near 130. They used some of the extra money to buy back shares and the rest got reinvested in the growth. Unbelievable here.

Go DOCN.

[pauljack13]

This stock is sucking up those extra shares like crazy. I don’t think these convertible shares are going to break the trend.

I’m holding anyway, even if it tanked. This is a longer hold for me. If the growth keeps up the price would recover. IMO.

[pauljack13]

Nice play.

[ChuckBits]

Indeed. I also bought a May '22 $125 CALL in mid October. Almost "in the money" already!

[pauljack13]

Holy cow. Over 120 today. Glad I’m holding in to this.

[pauljack13]

Crossed over 100. Finally. Good earnings.

[ChuckBits]

Up about $10 bucks since last time I posted 30 days ago, but nobody cares...

Thinking that's a good thing, no hype, just uppp

[pauljack13]

Got that right!!!

[ChuckBits]

This stock is nuts!

[pauljack13]

Boom!!! 50 to 80

[pauljack13]

Getting close to 52 week highs

[pauljack13]

Buying in today.

[dazytek12]

go DigitalOcean Holdings, Inc. docn