# Paperspace by DigitalOcean > Paperspace by DigitalOcean is a high-performance cloud computing platform designed for AI and machine learning development. It provides managed infrastructure including GPU-accelerated virtual machines and a suite of MLOps tools for building, training, and deploying models at scale. Originally founded in 2014, it was acquired by DigitalOcean in 2023 to serve as the foundation of their AI/ML offering. - URL: https://optimly.ai/brand/paperspace-by-digitalocean - Slug: paperspace-by-digitalocean - BAI Score: 88/100 - Archetype: Challenger - Category: Cloud Computing - Last Analyzed: April 10, 2026 - Part of: DigitalOcean (https://optimly.ai/brand/digitalocean) ## Competitors - Amazon Sagemaker (https://optimly.ai/brand/amazon-sagemaker) - Coreweave (https://optimly.ai/brand/coreweave) - Lambda Labs (https://optimly.ai/brand/lambda-labs) ## Buyer Intent Signals Problems: On-premise hardware management: Setting up and maintaining physical GPU workstations or local server clusters. | Raw Cloud Infrastructure Integration: Using standard cloud instances (like AWS EC2) and manually configuring drivers, CUDA, and notebook environments. Solutions: best cloud GPU for AI training | managed Jupyter notebooks for teams | NVIDIA H100 cloud rental | serverless GPU infrastructure | Google Colab (Free Tier): Utilizing free, consumer-grade cloud notebooks for smaller-scale experimentation. Comparisons: alternatives to Google Colab for enterprise