FeesSafety
Pluang+

HGS selects Rackspace and AMD for private AI cloud infrastructure to boost enterprise AI services.

Market News
29 Oct 2026, 15:15 WIB
GlobeNewsWire
View Source
Bullish
HGS selects Rackspace and AMD for private AI cloud infrastructure to boost enterprise AI services.

Hinduja Global Solutions (HGS) has chosen Rackspace Technology to provide private AI cloud infrastructure powered by AMD, starting December 2026 under a three-year agreement. This deployment will enhance HGS's control over AI compute costs, security, and performance, enabling it to offer advanced AI-driven services to enterprise customers in the US and UK. The collaboration marks the first global system integrator deployment under Rackspace's AMD compute agreement and reflects growing demand for dedicated AI infrastructure in business services. This move positions HGS to deliver more personalized, secure, and sovereign-ready AI solutions as AI reshapes the industry landscape.

Rackspace Technology shares trade at USD 2.92, up 1.04% as of Oct 29, 2026 19:13 WIB on Pluang. AMD stock is priced at USD 565.14, down 2.30% with a market cap of $944.29B. The partnership highlights key players in AI infrastructure during a time when AMD sees 62% buy interest on Pluang.

banner-footerbanner-footer

Invest & Trade with
#1 Award-Winning Investment Super App