Rackspace Other Tuesday, June 16, 2026 +0.75 Positive

Rackspace and AMD sign definitive agreement for 30 MW AI compute deployment

Rackspace Technology and AMD announced a definitive agreement for phased deployment of 30 MW of AMD-based compute across Rackspace's global data centers from late 2026 through 2028, operationalizing a previous May 2026 MOU. The collaboration establishes governed enterprise AI infrastructure for regulated industries, combining AMD Instinct GPUs and EPYC CPUs with Rackspace's operating model to serve healthcare and other regulated sector workloads.

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AI-generated summary for informational purposes only. Always verify against the original filing. Not investment advice. BriefTape is not a registered investment adviser.

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