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Rackspace Technology Inc - RXT STOCK NEWS

Welcome to our dedicated news page for Rackspace Technology (Ticker: RXT), a resource for investors and traders seeking the latest updates and insights on Rackspace Technology.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Rackspace Technology's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Rackspace Technology's position in the market.

Rhea-AI Summary
Rackspace Technology announced Foundry for AI by Rackspace (FAIR) AI Diagnostic, a free solution that helps organizations assess their AI readiness and provides tailored recommendations. The diagnostic assesses 50+ data points and recommends three unique services for generative AI. FAIR is a global practice dedicated to advancing business transformation through AI technologies.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.46%
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AI
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Rhea-AI Summary
Rackspace Technology announces participation at Google Cloud Next and showcases generative AI services and solutions using FAIR Practice.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.09%
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partnership
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Rhea-AI Summary
Rackspace Technology announces new professional service migration offer in collaboration with Google Cloud
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.7%
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none
Rhea-AI Summary
Rackspace Technology announces its participation at VMware Explore, showcasing its Software-Defined Data Center (SDDC) portfolio. The partnership between Rackspace and VMware has spanned over 15 years, offering targeted solutions for organizations to bridge the gap between the cloud and data centers. Attendees can visit Rackspace at booth #509 to learn more and participate in a virtual reality data center tour. Rackspace has achieved numerous milestones with VMware, including winning the VMware Partner of the Year Award five times and hosting over 100,000 Virtual Machines across various platforms.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
9.91%
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none
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Rhea-AI Summary
Rackspace Technology named leader in Google Cloud Partner Ecosystem for managed services and implementation and integration services
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End-of-Day
-- %
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none
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Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
7.08%
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Rhea-AI Summary
Rackspace Technology (NASDAQ: RXT) collaborates with Dell Technologies and NVIDIA to deliver full-stack solutions for generative AI. The collaboration aims to accelerate the secure, responsible, and sustainable adoption of AI and data solutions in enterprises. The alliance provides a simplified way to deploy and manage private cloud enterprise AI solutions, focusing on scalability and innovation. Rackspace's FAIR-hosted AI platform based on NVIDIA and the Dell Generative AI Solutions portfolio enables organizations to adopt generative AI with proven architecture and multi-cloud expertise. The collaboration is grounded in mutual market strategies, alignment, and accessibility, aiming to improve efficiencies, reduce errors, and drive down costs. Dell Generative AI Solutions with NVIDIA offer access to training or tuning Gen AI models and AI inferencing, using the latest generation PowerEdge servers combined with industry-leading Dell storage and data protection portfolio. The collaboration also provides a blueprint for enterprise generative AI infrastructure with extremely scalable, full-stack NVIDIA software and accelerated computing, helping companies use their own data to build and run customized generative AI applications. FAIR, Rackspace's groundbreaking global practice, offers three unique services to help organizations lean into the transformative power of AI: FAIR Ideate, FAIR Incubate, and FAIR Industrialize.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
6.1%
Tags
AI
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Rhea-AI Summary
Rackspace Technology (NASDAQ: RXT) and AWS to invest in FAIR for AWS, a groundbreaking global practice dedicated to advancing business transformation, improving customer experience, increasing the quality of service, and accelerating value creation through the secure and responsible use of AI technologies. The program aims to deliver AI solutions to mid-sized and enterprise customers in four weeks, with FAIR Ideate currently available in AWS Marketplace and FAIR Incubate and Industrialize planned for release later this month.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.45%
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AI
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Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-6.22%
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partnership AI
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-4.67%
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Rackspace Technology Inc

Nasdaq:RXT

RXT Rankings

RXT Stock Data

366.99M
64.74M
4%
90.53%
2.96%
Software - Infrastructure
Technology
Link
US
San Antonio

About RXT

rackspace, the #1 managed cloud company, helps businesses tap the power of cloud computing without the challenge and expense of managing complex it infrastructure and application platforms on their own. rackspace engineers deliver specialized expertise on top of leading technologies developed by openstack, microsoft, vmware and others, through a results-obsessed service known as fanatical support®. we have more than 300,000 customers worldwide, including two-thirds of the fortune 100. rackspace was named a leader in the 2015 gartner magic quadrant for cloud-enabled managed hosting, and has been honored as one of fortune’s best companies to work for in six of the past eight years. learn more at www.rackspace.com.