Mentioned:
Rackspace is making a bet on the future of artificial intelligence workloads. Which is exactly why they’ve just cut a new deal with AMD.
What’s happening:
- Rackspace (NASDAQ: RXT) and AMD (NASDAQ: AMD) have struck a new deal to deploy 30 megawatts of AMD’s hardware for artificial intelligence workloads
Why it matters:
- This is the first large scale deal that Rackspace and AMD have ever done together focused solely on building a dedicated cloud computing infrastructure to be used by regulated customers of Rackspace for artificial intelligence workloads
Going deeper:
- AMD will provide Rackspace with their Instinct GPUs and EPYC CPUs to host in their data centres as part of the new deal
- Rackspace has publicly stated that they will begin rolling out AMD’s hardware in their data centres globally over the next two years
The fine print:
- The financial terms of the new deal between AMD and Rackspace have not yet been publicly disclosed
