{"id":538056,"date":"2026-06-16T13:46:14","date_gmt":"2026-06-16T13:46:14","guid":{"rendered":"https:\/\/www.europesays.com\/ie\/538056\/"},"modified":"2026-06-16T13:46:14","modified_gmt":"2026-06-16T13:46:14","slug":"rackspace-shares-jump-30-after-securing-amd-powered-ai-infrastructure-agreement-rxt","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/ie\/538056\/","title":{"rendered":"Rackspace Shares Jump 30% After Securing AMD-Powered AI Infrastructure Agreement (RXT)"},"content":{"rendered":"<p>    <img fetchpriority=\"high\" decoding=\"async\" src=\"https:\/\/www.europesays.com\/ie\/wp-content\/uploads\/2026\/06\/dbaa593c63b86942974b91c763bbc199.png\" alt=\"data center servers NEW SIZE \u00a9BalticServers.com\" loading=\"eager\" height=\"527\" width=\"960\" class=\"yf-lglytj  loaded\"\/> data center servers NEW SIZE \u00a9BalticServers.com         Major AI Compute Partnership Boosts Rackspace Stock    <\/p>\n<p class=\"yf-1fy9kyt\">Rackspace Technology (NASDAQ:RXT) shares surged 30% on Tuesday after the company announced a definitive agreement with AMD (NASDAQ:AMD) to deploy 30 megawatts of AI computing infrastructure powered by AMD technology.<\/p>\n<p class=\"yf-1fy9kyt\">The deal formalizes the Memorandum of Understanding the two companies unveiled on May 7, 2026, and establishes AMD as a key strategic technology partner within Rackspace\u2019s managed artificial intelligence platform.<\/p>\n<p>         Global Deployment Scheduled Through 2028    <\/p>\n<p class=\"yf-1fy9kyt\">Under the agreement, the infrastructure rollout will take place in phases across Rackspace\u2019s worldwide data center network beginning in late 2026 and continuing through 2028.<\/p>\n<p class=\"yf-1fy9kyt\">The deployment is expected to significantly expand Rackspace\u2019s AI computing capabilities as enterprises increase investment in large-scale artificial intelligence applications and data-intensive workloads.<\/p>\n<p>      Next-Generation AMD Hardware at the Core    <\/p>\n<p class=\"yf-1fy9kyt\">The platform will be built around AMD\u2019s latest AI and data center technologies, including Instinct MI355X and MI350P graphics processing units, alongside AMD EPYC central processing units.<\/p>\n<p class=\"yf-1fy9kyt\">These components will be integrated into Rackspace\u2019s Enterprise AI Cloud architecture, which is designed to support enterprise customers operating in highly regulated industries.<\/p>\n<p class=\"yf-1fy9kyt\">Healthcare organizations have already shown interest in the platform for clinical AI applications and large-scale inference workloads, according to the companies.<\/p>\n<p>         Focus on Regulated Enterprise Markets    <\/p>\n<p class=\"yf-1fy9kyt\">Rackspace said the collaboration is specifically aimed at organizations that require secure, governed and compliant AI infrastructure.<\/p>\n<p class=\"yf-1fy9kyt\">\u201cEnterprises in regulated industries need AI infrastructure that is governed from the ground up, with one operator accountable for business outcomes, not a collection of vendors each owning a piece,\u201d said Gajen Kandiah, CEO of Rackspace Technology.<\/p>\n<p class=\"yf-1fy9kyt\">The company believes the integrated model will simplify AI deployment for businesses navigating complex regulatory requirements.<\/p>\n<p>      Joint Sales Effort to Drive Customer Adoption    <\/p>\n<p class=\"yf-1fy9kyt\">Rackspace and AMD plan to dedicate commercial resources to expanding adoption of the new AI infrastructure offering.<\/p>\n<p class=\"yf-1fy9kyt\">Teams from both companies will work together to identify opportunities and develop relationships with enterprise customers seeking advanced AI computing capabilities.<\/p>\n<p class=\"yf-1fy9kyt\">The focus will be on organizations transitioning from experimental AI projects toward large-scale deployment of AI-powered workflows within core business operations.<\/p>\n<p>      New Managed AI Services Planned     <\/p>\n<p class=\"yf-1fy9kyt\">The agreement is expected to accelerate the rollout of several AI-focused services, including Enterprise AI Cloud, Enterprise Inference Engine, Inference as a Service and Bare Metal AMD Instinct solutions.<\/p>\n<p class=\"yf-1fy9kyt\">Together, these offerings are intended to create a new category of managed enterprise AI infrastructure, giving customers access to scalable computing resources designed to support increasingly sophisticated artificial intelligence applications.<\/p>\n<p class=\"yf-1fy9kyt\">The partnership positions both companies to capitalize on growing demand for enterprise-grade AI platforms as organizations seek to move beyond pilot projects and deploy AI across mission-critical systems.<\/p>\n<p class=\"yf-1fy9kyt\">Rackspace Technology stock price<\/p>\n<p class=\"yf-1fy9kyt\">Advanced Micro Devices stock price<\/p>\n","protected":false},"excerpt":{"rendered":"data center servers NEW SIZE \u00a9BalticServers.com Major AI Compute Partnership Boosts Rackspace Stock Rackspace Technology (NASDAQ:RXT) shares surged&hellip;\n","protected":false},"author":2,"featured_media":538057,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","_share_on_mastodon":"0"},"categories":[261],"tags":[291,74096,289,290,5527,18,15370,13105,19,6394,17,231192,82],"class_list":["post-538056","post","type-post","status-publish","format-standard","has-post-thumbnail","category-artificial-intelligence","tag-ai","tag-amd-technology","tag-artificial-intelligence","tag-artificialintelligence","tag-data-center","tag-eire","tag-enterprise-customers","tag-healthcare-organizations","tag-ie","tag-infrastructure","tag-ireland","tag-rackspace","tag-technology"],"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@ie\/116760097390727199","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/posts\/538056","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/comments?post=538056"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/posts\/538056\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/media\/538057"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/media?parent=538056"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/categories?post=538056"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/tags?post=538056"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}