Rackspace Technology Appoints Chetan Gupta, Ph.D., as Chief AI Officer to Advance Enterprise and Sovereign AI
Rackspace Technology (NASDAQ: RXT) appointed Chetan Gupta, Ph.D., as Chief AI Officer, leading the new Office of AI.
Sentiment and the balance of points
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Rhea-AI Summary
Rackspace Technology (NASDAQ: RXT) appointed Chetan Gupta, Ph.D., as Chief AI Officer, leading the new Office of AI. He will oversee AI strategy, research, innovation, governance, and adoption across Rackspace and its customers, with a focus on regulated industries, sovereign jurisdictions, and mission-critical environments.
Gupta previously led global AI research at Hitachi, including roles heading the Advanced AI Center in Japan, the Industrial AI Lab in North America, and the Global AI Center of Excellence. He has authored nearly 300 papers and patents and holds a Ph.D. in mathematics from the University of Illinois Chicago.
Positive
- Creation of a dedicated Office of AI led by a Chief AI Officer
- Appointment of Chetan Gupta, with nearly a decade leading Hitachi’s global AI research
- Strategic focus on enterprise, regulated, and sovereign AI deployments for mission-critical operations
Negative
- None.
Details
Market move: RXT -7.33% in the Aug 13 session. Chief AI Officer appointment
On Aug 13, the day this news came out, RXT closed 7.33% below the previous close. Argus tracked a trough of -6.0% from its starting point during tracking. Our momentum scanner recorded 45 alerts for this stock that day.
Data tracked by StockTitan Argus for the Aug 13 session.
Key Figures
- AI research experience
- nearly a decade
- Gupta's global AI research leadership at Hitachi
- HP Labs experience
- seven years
- Earlier career experience
- Papers and patents
- nearly 300 papers and patents
- Gupta's authored research and inventions
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24h Move is the share-price change in the day after each event; other market factors may also have contributed.
AI-generated analysis. How Rhea-AI works. Not financial advice.
SAN ANTONIO, Aug. 13, 2026 (GLOBE NEWSWIRE) -- Rackspace Technology® (NASDAQ: RXT), a global enterprise AI infrastructure and solutions provider, today announced the appointment of Chetan Gupta, Ph.D., as Chief AI Officer. Gupta will lead the Office of AI, with responsibility for Rackspace's AI strategy, research, innovation, governance, and adoption across the company and its customers. His appointment strengthens Rackspace's ability to help institutions deploy AI safely, economically, and at scale in environments where the stakes are highest: regulated industries, sovereign jurisdictions, and mission-critical operations.
Gupta joins Rackspace after nearly a decade leading global AI research at Hitachi, where he served as General Manager of the Advanced AI Center in Japan, Vice President of the Industrial AI Lab in North America, and head of Hitachi's Global AI Center of Excellence. His work was instrumental in Hitachi's evolution toward Physical AI, building systems for railways, energy grids, factories, and buildings, environments where AI must operate under institutional accountability, jurisdictional requirements, and zero tolerance for failure. Earlier in his career, he spent seven years at HP Labs translating advanced AI research into deployed solutions across logistics, manufacturing, energy, and mobility. He has authored nearly 300 papers and patents and mentored a generation of AI researchers and engineers.
"Chetan has spent his career building AI for the institutions the world depends on. At Hitachi, that meant trains, grids, and factories, where AI is not a demo, but an operating commitment measured in uptime, safety, and trust," said Gajen Kandiah, CEO of Rackspace Technology. "That is precisely the discipline our customers need as they move AI into production inside regulated and sovereign environments. Chetan understands that success depends on more than model capability. It requires strategy, governance, and an operator who carries accountability from silicon to outcomes.”
Gupta's appointment reflects Rackspace's continued investment in enabling institutions to turn AI ambition into governed, measurable business outcomes and reinforces the company's position as the place where enterprise AI goes to production.
"AI has reached an inflection point. The hard problem is no longer capability. It is trust: taking promising research and turning it into systems that hold up in the real world, under real regulatory and operational constraints," said Gupta. "Rackspace occupies a distinct position in the market, operating the full stack for institutions that cannot afford to get AI wrong. I look forward to leading our AI strategy and advancing enterprise and sovereign AI for our customers and across the business."
Gupta holds a Ph.D. in mathematics and master's degrees in mathematical computer science and chemical engineering from the University of Illinois Chicago.
About Rackspace Technology
Rackspace Technology® (NASDAQ: RXT) is the operator of the full enterprise AI stack from governed private cloud to AI inference and agents in production. With an Outcomes-as-a-Service model built on secure infrastructure, data foundations and forward-deployed engineering, Rackspace delivers business results for regulated and mission-critical industries where governance, sovereignty and uptime are non-negotiable. Learn more at www.rackspace.com.
Media Contact:
Will Link
Stanton Public Relations & Marketing
rackspace@stantonprm.com
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