On August 18, DigitalOcean Holdings, Inc. rose 5.3% in regular trading, trading at $136.665/share, with turnover of $118 million.

On the news front, its subsidiary Cloudways officially launched a new product line called Managed AI Agents, featuring OpenClaw and Hermes as the first two offerings. The product aims to simplify how developers, engineers, agencies, and businesses deploy and manage AI agents, with additional open-source AI agents planned over time.

This release extends the company's strategic transformation toward an AI inference cloud platform. In early July, DigitalOcean disclosed that Q2 revenue was expected to grow approximately 29% year over year, with multiple nine-figure annual customer commitments signed for its AI inference and cloud products. The company projected remaining performance obligations to exceed $800 million, representing more than a 10-fold increase from the prior-year quarter. The continued expansion of its AI product portfolio reinforces market confidence in its growth trajectory.

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