Rackspace and Together AI have entered a multiyear strategic agreement to deploy dedicated NVIDIA GB300 NVL72 AI infrastructure operated by Rackspace to support Together AI's enterprise inference workloads, planned for 2027. This partnership leverages Rackspace's expertise in operating secure, compliant enterprise environments and Together AI's managed cloud platform with open-source models and inference tools. They also signed a non-binding letter of intent to explore joint enterprise AI solutions combining Rackspace's infrastructure and engineering with Together AI's AI capabilities. The deployment will use next-generation NVIDIA technology, aiming to meet the growing demand for scalable, reliable AI services in regulated industries, pending financing and other conditions.
Rackspace Technology Inc. (RXT) trades at USD 2.67 on Pluang as of Nov 10, 2026 20:31 WIB, down 1.84% in the last day. The company’s market cap stands at $698.35 million with a daily volume of 7,886,299 shares. This trading activity occurs alongside Rackspace’s new strategic agreement with Together AI to deploy advanced NVIDIA AI infrastructure for enterprise inference workloads.
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, addressin...
Rackspace Technology reported $609 million in revenue for Q3 2026, down 9% year-over-year, driven by a 17% decline in public cloud revenue despite a 4% rise in private cloud revenue. The company improved its cash flow and reduced its net loss compare...
