DigitalOcean And Hugging Face Make AI Accessible With 1-Click Models [Forbes]
DigitalOcean Holdings, Inc. (DOCN)
Company Research
Source: Forbes
startups and small to medium-sized businesses that have historically faced obstacles in integrating advanced technology. With this partnership, they have introduced “1-Click Models,” a streamlined solution designed to reduce the complexities that typically accompany deploying machine learning models in cloud environments. This move aims to enable faster, more affordable access to generative AI capabilities, leveling the playing field for organizations with limited technical resources. At the time of launch, DigitalOcean supports popular models from Google, Meta, Mistral and NousResearch. When a model is deployed in a GPU Droplet, the virtual machine offered by DigitalOcean, it gets downloaded from Hugging Face and is placed within an inference container. Developers can SSH into the Droplet, access the token, and talk to the standard Hugging Face inference API. PROMOTED Hugging Face Models DigitalOcean AI development has traditionally required expertise in complex configura
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News
- DigitalOcean Holdings, Inc. (NYSE: DOCN) had its price target raised by analysts at JPMorgan Chase & Co. from $32.00 to $40.00. They now have a "neutral" rating on the stock.MarketBeat
- DigitalOcean Launches Strategic Partnership with Hugging FaceBusiness Wire
- DigitalOcean Holdings, Inc. (NYSE: DOCN) had its price target raised by analysts at Barclays PLC from $38.00 to $48.00. They now have an "overweight" rating on the stock.MarketBeat
- 2 Artificial Intelligence (AI) Stocks Trading Under $50 That Can Supercharge Your Portfolio [Yahoo! Finance]Yahoo! Finance
- DigitalOcean Announces Date of Third Quarter 2024 Earnings Conference CallBusiness Wire
DOCN
Earnings
- 8/8/24 - Beat
DOCN
Sec Filings
- 10/18/24 - Form 4
- 10/2/24 - Form 4
- 10/2/24 - Form 4
- DOCN's page on the SEC website