Rackspace Technology® (NASDAQ: RXT), a global enterprise AI infrastructure and solutions provider, and AMD today announced the signing of a Memorandum of Understanding (MOU) establishing a framework for a multiyear strategic partnership to create an Enterprise AI Cloud purpose-built for regulated enterprises and sovereign workloads where security, governance, and accountability are non-negotiable.
“Today's dominant model, “read this morning’s news release, “requires enterprises to rent GPU capacity by the hour and carry the operational burden themselves including integration, security and accountability.”
This collaboration proposes to invert that model by integrating AMD Instinct™ GPUs and EPYC™ CPUs into a fully managed, governed stack.
Through this understanding, the companies aim to establish a new category of managed enterprise AI infrastructure where dedicated AMD compute is embedded inside a governed managed operating model, with Rackspace owning the stack from silicon to outcomes.
“As enterprises move AI out of the lab and into production environments, they're asking who they can trust to run it there,” said CEO Gajen Kandiah. “Governing AI infrastructure in regulated environments with defined accountability is not something you bolt on after the fact. It must be built in from the start. Rackspace and AMD are building exactly that and in doing so, establishing a new category of enterprise AI infrastructure that the market has been asking for."
RXT shares hiked $1.66, or 73.1%, to $3.93.
