DealsJun 16, 2026, 07:06 AM
Rackspace Technology Signs GPUaaS Agreement with AMD
AI Summary
Rackspace Technology, Inc. announced it has signed a definitive GPU-as-a-Service Agreement with Advanced Micro Devices, Inc. (AMD). This agreement facilitates the phased deployment of AMD AI compute products, including GPUs and CPUs, across Rackspace's global data centers. The initial deployment will involve dedicating 30 MW of capacity, with phased rollouts planned through 2028. The company noted that deployments are contingent on securing additional financing and the availability of AMD products, and AMD will have a right of first refusal on certain GPU capacity.
Key Highlights
- Rackspace Technology signed a definitive GPU-as-a-Service Agreement with AMD.
- The agreement involves the phased deployment of AMD AI compute products in Rackspace's global data centers.
- Rackspace will dedicate an initial 30 MW of capacity for AMD Products, with phased deployment through 2028.
- Deployments are subject to Rackspace obtaining additional financing and availability of AMD Products.
- AMD has a right of first refusal to consume GPU capacity before Rackspace sells to third parties below a specified price threshold.
Price Impact
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