DigitalOcean (DOCN) announced a multi-year, eight-figure average per annum strategic partnership with Persistent Systems to make Artificial Intelligence more affordable, scalable, and secure for Digital Native Enterprises and developers worldwide. The collaboration will accelerate AI adoption by providing accessible and cost-effective infrastructure designed for growth and innovation. As part of this partnership, Persistent has selected DigitalOcean as its exclusive cloud and AI infrastructure provider for SASVA, Persistent’s AI-powered platform, which seamlessly integrates code, documentation, architecture, and executive summaries, adapting fluidly across a spectrum of workflows and roles. SASVA is leveraging DigitalOcean Gradient AI Agentic Cloud to run its AI workloads and customer deployments reliably and cost-efficiently, including using DigitalOcean Gradient AI Platform for the full agent development lifecycle, and high-powered GPUs from DigitalOcean Gradient AI Infrastructure offerings.
Claim 50% Off TipRanks Premium and Invest with Confidence
- Unlock hedge-fund level data and powerful investing tools designed to help you make smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis so your portfolio is always positioned for maximum potential
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on DOCN:
- DigitalOcean Stock (DOCN) Up 42% Since January — Can It Compete in the AI Race?
- DigitalOcean Holdings put volume heavy and directionally bearish
- DigitalOcean’s CTO Bratin Saha Resigns Amid Stability
- DigitalOcean Chief Product and Technology Officer Saha resigns
- DigitalOcean Holdings call volume above normal and directionally bullish
