Rackspace has entered a multi-year agreement with Blacksmith to provide dedicated AMD EPYC-powered compute and storage capacity in Northern Virginia, starting early 2027. This partnership aims to accelerate continuous integration workloads, addressing the bottleneck in testing and deploying AI-generated code. As AI tools rapidly increase code production, Blacksmith's platform, supported by Rackspace's scalable infrastructure, will help developers merge and ship code faster. This collaboration highlights the growing demand for robust infrastructure to support AI-driven software development at scale.
As of Nov 10, 2026 20:31 WIB, Rackspace Technology Inc. (RXT) shares are trading at USD 2.67 on Pluang, down 1.84% for the day. The stock has a market capitalization of $698.35 million and an enterprise value of $3.86 billion. Trading volume is 7,886,299 shares, with a typical hold time of 13 days, reflecting active investor interest in the technology sector.
