AMD reported Q1 2026 revenues of $10.25 billion, a 38% year-over-year increase, with data center revenue reaching approximately $5.775 billion, up 57%. The chipmaker is expanding AI infrastructure thr…
Rackspace Technology's $150 million pivot to AI may not yield immediate returns for shareholders, according to a new analysis. The company is investing heavily in AI infrastructure and services, but t…
Rackspace Technology announced a capital raise and updated outlook on July 9, 2026, to accelerate its enterprise AI strategy, including regulated and sovereign deployments with Palantir Foundry and AI…
Rackspace Technology partnered with AMD to deploy 30 megawatts of AMD-based AI compute across its global data centers, targeting regulated industries like healthcare and finance. To fund the pivot, th…
AMD and Rackspace Technology signed a definitive agreement for a phased 30 MW deployment of AMD-based AI compute across Rackspace's global data centers, starting late 2026 through 2028. The deal posit…
Rackspace Technology shares surged 30% on June 16 after signing a definitive agreement with AMD to deploy 30 megawatts of AMD-based AI compute capacity across its global data centers through 2028. The…
AMD and Rackspace Technology signed a definitive agreement to deploy an initial 30 MW of AMD AI compute across Rackspace data centers from late 2026 through 2028, integrating AMD Instinct GPUs and EPY…