Latest Rackspace Technology News & Updates

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Rackspace Technology (Rackspace)

Enterprise AI infrastructure and cloud services operator

rackspace.com
Headquarters
San Antonio, United States
Founded year
1998
Company type
Public company
Number of employees
6,700–10,000

Last updated

Latest news about Rackspace Technology (Rackspace)

In short: Rackspace signed HGS as its first global system integrator customer for AMD-powered private AI infrastructure.

Company announcements

Rackspace

Rackspace Technology reports Q1 2026 results

Revenue reaches $678 million, up 2% YoY. Public Cloud grows 7%, Private Cloud declines 6%. Signs MOU with AMD for AI infrastructure. Provides FY 2026 guidance.

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Media coverage

Houston Chronicle

Rackspace: Q2 Earnings Snapshot

Rackspace expects full-year results to range from a loss of 30 cents per share to a loss of 25 cents per share, with revenue in...

Yahoo Finance

Rackspace Stock Offering Overshadows AI Deal

This article first appeared on GuruFocus. Rackspace Technology (RXT) plunged about 25% Thursday after cutting its FY26 outlook and announcing plans for a $250 million...

Yahoo Finance

Rackspace’s AI Land Grab: Plugging Into the Next Compute Boom

Rackspace Technology and Advanced Micro Devices have signed a massive agreement to deploy artificial intelligence computing ...

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