Latest Rackspace Technology News & Updates

See the latest news and media coverage for Rackspace. We track all announcements, press releases, and industry mentions in real time, all in one place.

Rackspace Technology (Rackspace)

Multicloud services provider for enterprise AI

rackspace.com

Headquarters: San Antonio, United States
Founded year: 1998
Company type: Public company
Number of employees: 6,500–10,000
Industry: IT Services & Consulting

Last updated Today

Latest news about Rackspace Technology (Rackspace)

In short: Rackspace shifted its strategy toward sovereign AI infrastructure and regulated cloud services while navigating multiple investor lawsuits.

Company announcements

July 30 Rackspace

Rackspace Technology to announce Q2 2026 earnings

The earnings call will be held on August 11, 2026, with CEO Gajen Kandiah and CFO Mark Marino.

July 9 Rackspace

Rackspace launches operating framework with Palantir

The framework combines Palantir Foundry and AIP with Rackspace's governed private cloud for regulated enterprises.

June 16 Rackspace

Rackspace Technology signs agreement with AMD for 30 MW AI compute

The phased deployment from 2026 to 2028 will serve regulated enterprise workloads including healthcare AI.

May 7 Rackspace

Rackspace Technology signs MOU with AMD

The agreement establishes a framework for governed Enterprise AI Cloud using AMD GPUs and CPUs for regulated workloads. It introduces capabilities like Enterprise AI Cloud and Inference as a Service.

Media coverage

July 30 Law360

Rackspace Technology (NASDAQ:RXT) Stock Price Down 7.7% - Here's What Happened

Rackspace Technology (NASDAQ:RXT) Shares Down 7.7% - Should You Sell?

Never miss news about Rackspace

Track Rackspace and your other target companies to get real-time alerts and weekly summaries delivered straight to your inbox.

Rackspace competitors & trending companies

Browse news for competitors to Rackspace and other trending companies.