Better AI Stock: Roblox vs. DigitalOcean
Roblox (NYSE: RBLX) and DigitalOcean (NYSE: DOCN) operate in completely different markets. Roblox enables its users to create games with a simple block-based system, share them with other users, and then monetize them to earn an in-game currency called Robux. DigitalOcean provides cloud-based infrastructure services to smaller companies through tiny "droplets" of servers, which are generally cheaper and easier to access than larger cloud platforms.
Yet, both of these growing companies are expanding into the nascent artificial intelligence (AI) market. Roblox just launched the beta versions of two new generative AI game creation tools -- Code Assist for generating code through natural conversations and Material Generator for creating material designs by simply describing them -- to make creating games easier.
DigitalOcean just acquired Paperspace, another small cloud infrastructure platform provider that equips its servers with high-end graphics processing units (GPUs) for processing AI tasks. It enables smaller businesses to test and scale their AI services on its cloud.
Source Fool.com
