Rackspace Technology (Rackspace) stories

Rackspace and Uniphore ally on sovereign agentic AI for regulated sectors, aiming for USD $100m in outcomes-based enterprise roll-outs.

Global CDN spending is forecast to soar from USD $27.25bn in 2025 to USD $42.89bn by 2030, driven by edge demand and performance pressure.

Rackspace appoints Joseph Vito to spearhead global strategic alliances, bolstering its hybrid cloud and AI partnership ecosystem.

AI is set to end SaaS dominance by 2026 as firms pay for domain-specific agents and governed cloud usage instead of per-seat software.

Rackspace Technology launches AI Launch Pad, a private-cloud service to help businesses overcome AI adoption challenges and boost returns across sectors.

Rackspace Technology appoints Lata Varghese and Phani Kishore Burre as Senior VPs to boost AI, cloud services and business transformation efforts.

Fraud risks rise as firms overlook obsolete tech; underinvestment in end-of-life IT assets could cost USD $27.1m per breach, warns Iron Mountain's Asia Pacific GM.

Rackspace Technology cut emissions by 10% in a year and aims for net-zero carbon by 2045, backed by Science Based Targets initiative validation.

Steve Mills is appointed Chief Operating Officer at DoiT, expanding his role after driving 2.5x revenue growth and a USD $5bn AWS partnership as Chief Revenue Officer.

Asia Pacific leads global AI investment with an average spend of USD $11.3m, as companies worldwide increase AI budgets by 250%, widening the adoption gap.

Rubrik and Rackspace have launched the Rackspace Cyber Recovery Service to help businesses quickly recover from ransomware in public cloud environments.

Rackspace Technology partners with Allcargo's ECU Worldwide to migrate logistics operations across 180 countries to AWS, boosting security, scalability, and customer service.

Rubrik and Rackspace team up to launch a new managed recovery service, cutting cyber attack recovery from weeks to hours for key sectors like finance and healthcare.

Amazon Web Services has launched the Generative AI Partner Innovation Alliance to enhance access to its Generative AI Innovation Centre for global customers.

Amazon Web Services has launched the Generative AI Partner Innovation Alliance to broaden access to its Generative AI Innovation Centre, facilitating customer success.

Rackspace has joined the Board of Directors and become a Platinum Member of the OpenInfra Foundation, enhancing its influence in the OpenStack community.

Rackspace Technology launches Rackspace OpenStack Enterprise, reaffirming commitment to open-source cloud solutions for secure, efficient, and scalable workloads.

Rackspace Technology has achieved fresh Microsoft Azure specialisations in AI and Machine Learning, underscoring their industry leadership and enriching its eight-strong specialisation collection.

Global Logistic Properties collaborates with Foundry for AI by Rackspace and Microsoft Azure OpenAI for a data-driven asset management strategy.

Despite security concerns, Rackspace's 2024 AI Research Report highlights the transformative capacity of artificial intelligence, with 89% of companies stating they've experienced significant benefits from implementing AI.