There are two sides to the artificial intelligence (AI) revolution. There is hardware, which includes data centers filled with advanced semiconductors designed to train AI models. Then there is software, which includes chatbots like OpenAI's ChatGPT, plus the expanding suite of cloud computing services that help businesses develop their own AI applications. When you think of AI chips, Nvidia is probably the company that first comes to mind. The most advanced AI models to date have been developed using Nvidi ...

In June 2022, management set financial goals for 2024: revenue of $1 billion, revenue growth of greater than 30%, and a free-cash-flow margin of 20%. What are realistic five-year expectations? In other words, such a massive opportunity means the company has tapped into less than 1% of its market. Then again, DigitalOcean's growth has failed to keep up with the industry in recent years. Even smaller businesses may prefer to use the cloud-computing platforms from the tech giants. This competitive risk is some ...

Parkev Tatevosian is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool. Parkev Tatevosian, CFA has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends DigitalOcean. The Motley Fool has a disclosure policy. ...

The tech sector is known for generating millionaire-making gains for patient investors. However, the world's top tech stocks -- like Nvidia, Microsoft, and Apple -- are already worth trillions of dollars and probably have less upside potential than the sector's smaller and lesser-known stocks. 1. Reddit Reddit's growth is accelerating as it gains more users and the macro headwinds for the advertising market dissipate. In the first quarter of 2024, its revenue rose 48% year over year, its daily active unique ...

LinkDaddy Announces Partnership With DigitalOcean For Cloud Authority Backlinks LinkDaddy - a US company specializing in backlink SEO services for businesses - announces an expansion of its partnership with DigitalOcean. June 05, 2024 11:26 PM EDT | Source: Plentisoft Miami, Florida--(Newsfile Corp. - June 5, 2024) - The latest move empowers LinkDaddy to provide enhanced Cloud Authority backlinks for its client base. By working with DigitalOcean, the company delivers high-quality interlinking of relevant co ...

MARLBOROUGH, Mass., June 5, 2024 /PRNewswire/ -- Today, Corero Network Security (AIM: CNS) (OTCQB: DDOSF), the distributed denial of service (DDoS) protection specialists, announced the renewal of a significant contract with DigitalOcean, a leading cloud computing provider. This $1M+ agreement extends the partnership for an additional three years, highlighting Corero's trusted role in safeguarding DigitalOcean's extensive network infrastructure. DigitalOcean, renowned for offering simple and affordable clou ...

When investors think of millionaire-makers in the artificial intelligence (AI) space, they often look to Nvidia. Indeed, it has logged massive gains from the technology, and with a market cap approaching $2.6 trillion, it has turned small investors into millionaires. Fortunately, Nvidia is not the only AI success story. Many are smaller stocks with the potential to still see much larger growth. While nobody can promise a small investment will turn one into a millionaire, these two stocks should at least bri ...

Parkev Tatevosian, CFA has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends DigitalOcean. The Motley Fool has a disclosure policy. Parkev Tatevosian is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool. ...

Investors looking for an attractively valued AI stock that could deliver healthy long-term gains should take a closer look at this name before it starts soaring. Artificial intelligence (AI) is set to transform multiple industries ranging from smartphones to personal computers, automotive, digital advertising, and cloud computing. Investors should look for potential AI winners in these niches as they could deliver healthy gains on the stock market. The cloud AI market, for instance, is forecasted to clock a ...

DigitalOcean is taking on Amazon, Microsoft, and Alphabet in the cloud computing space. Many years ago, businesses would collect customer and operational data and store it on physical servers located on-site. Today, they rent hardware capacity from enormous, centralized data centers instead for a fraction of the cost, which is a practice called cloud computing. Data-center operators like Amazon Web Services, Microsoft Azure, and Alphabet's Google Cloud dominate the cloud industry. Their services have expand ...