StockWatch
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Computer Software: Programming, Data Processing
PartnershipJun 16, 2026, 03:09 PM

Rackspace & AMD Sign Deal for 30 MW AI Compute Deployment

AI Summary

Rackspace Technology and AMD have signed a definitive agreement for the phased deployment of an initial 30 MW of AMD-based computing power in Rackspace's global data centers from late 2026 to 2028. This agreement formalizes a previously announced MoU, establishing AMD as a strategic chip-level technology partner for Rackspace's AI stack. The collaboration aims to provide significant capacity for regulated enterprise workloads, integrating AMD Instinct GPUs and EPYC CPUs into a holistic Enterprise AI Cloud architecture.

Key Highlights

  • Rackspace and AMD signed a definitive agreement for a 30 MW AI computing deployment.
  • Deployment of AMD-based computing power is scheduled from late 2026 to 2028.
  • Agreement solidifies AMD as a strategic chip-level technology partner for Rackspace's AI stack.
  • 30 MW capacity targets regulated enterprise workloads, including healthcare providers.
  • Collaboration integrates AMD Instinct GPUs (MI355X, MI350P) and AMD EPYC CPUs.
  • Accelerates deployment of Enterprise AI Cloud, Inference as a Service, and other capabilities.
  • Companies plan joint sales and marketing efforts for enterprise customers.
  • Investor conference call scheduled for June 16, 2026, at 8:30 AM ET.