โข DOCN just opened ATL1, a GPU / AI-optimized data center with 9 MW capacity in Atlanta. Thatโs infrastructure built for future AI workloads.
โข They launched GradientAI, a managed GenAI platform that sits above pure compute โ bridging app dev & model layers.
โข GPU Droplets expanded: new tiers (RTX 4000, 6000, L40S) mean more users can access GPU at different price points.
โข They raised $625M in convertible notes and used proceeds to retire 2026 notes. Also launched a $100M stock buyback through July 2027.
โข But NRR is ~98.2% in Q1 โ existing customers are slightly shrinking.
โข Gross margins are structurally pressured (infrastructure costs eat into return).
โข Big institutional shift: one fund cut its stake ~97%.
โข Technical upgrade: RS rating jumped to 77, forming a cup-without-handle with a ~$47 entry.