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Rackspace Technology Joins NVIDIA DGX-Ready Managed Services Program

Rackspace Technology Joins NVIDIA DGX-Ready Managed Services Program

Rackspace Technology Joins NVIDIA DGX-Ready Managed Services Program

Provides customers with the ability to leverage the power of NVIDIA DGX AI platform, free of in-house infrastructure management

SAN ANTONIO, May 9, 2022 – Rackspace Technology® (NASDAQ: RXT), a leading end-to-end, multicloud technology solutions company, today announced that it has joined NVIDIA’s DGX-Ready Managed Services program. The program certifies leading technology partners who are eligible to support enterprises that leverage NVIDIA DGX™ systems. As part of the relationship with NVIDIA, Rackspace Technology has also joined the NVIDIA Partner Network (NPN). 

NVIDIA DGX systems are an accelerated computing platform for scaling enterprise AI infrastructure. As AI adoption grows, businesses are increasingly challenged to manage the resources and infrastructure needed to manage AI development. The DGX-Ready Managed Services program supports customers who would like to utilize DGX-based infrastructure without having to manage it themselves. Working with DGX-certified partners, organizations can access the expertise and experience they need to install, manage, and maintain supercomputing infrastructure, so teams can focus on developing and deploying AI initiatives.

“It has become increasingly clear that an organization’s data can provide a wealth of information and drive future development,” said Bryan Litchford, Vice President of Private Cloud, Rackspace Technology. “We believe leveraging NVIDIA’s DGX platform is an ideal path to unlock those insights. With this relationship, we will bring together NVIDIA’s industry-leading AI/ML platform and the Rackspace Technology Managed Solutions to help customers reduce time to value with their dataset and ML models.” 

“As enterprise AI adoption grows, organizations are seeking a faster path to onboard technologies and infrastructure optimized for the unique demands of AI development, ” said Tony Paikeday, senior director of AI systems at NVIDIA. “With the new NVIDIA DGX-Ready Managed Services program, Rackspace Technology can now provide organizations with a fully managed IT solution powered by the industry-leading DGX platform, enabling businesses to focus on insights and innovation instead of infrastructure.”

“In concert with our broader cloud, security, and data analytics services, Rackspace Technology will help customers optimize and manage the powerful DGX stack to get the most from their workloads,” Litchford added. “When customers SELECT Rackspace Technology they benefit from our global scale, state-of-the-art data centers, and Fanatical Experience® that places the customer at the center of everything we do. This allows them to focus on their business problems knowing that Rackspace Technology will take care of the technology.”

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About Rackspace Technology

Rackspace Technology is a leading end-to-end multicloud technology services company. We can design, build and operate our customers’ cloud environments across all major technology platforms, irrespective of technology stack or deployment model. We partner with our customers at every stage of their cloud journey, enabling them to modernize applications, build new products and adopt innovative technologies.

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.

Forward-Looking Statements

This press release contains “forward-looking statements” within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements generally relate to future events and can be identified by terminology such as “believe,” “may,” “will,” “potentially,” “estimate,” “continues,” “anticipate,” “intend,” “could,” “would,” “project,” “plan,” “expect,” “is putting,” “designed to,” or the negative of such terms or other similar expressions, although not all forward-looking statements contain these words.

 These statements include, but are not limited to, Rackspace Technology’s relationship with NVIDIA and the NVIDIA Cloud Partner Program, its Enterprise AI Cloud strategy, the anticipated capabilities, benefits and timing of its Institutional Sovereign Pod architecture, Rackspace’s outlook on the AI industry and its ability to deliver, operate, and scale AI infrastructure and solutions for regulated, institutional and sovereign enterprises. Forward-looking statements are based on current expectations and assumptions and are subject to risks and uncertainties that could cause actual results to differ materially, including, without limitation: Rackspace's ability to realize the anticipated benefits of its relationship with NVIDIA and the NCP program; the availability, cost, and timing of deployment of NVIDIA and other third-party technology; Rackspace's ability to develop, market, and scale the Institutional Sovereign Pod and related offerings on the anticipated timeline or at all; market acceptance of and demand for sovereign and governed AI infrastructure solutions; competition in the AI infrastructure and cloud services markets; capital expenditure requirements associated with AI infrastructure buildout; availability of financing for the AI infrastructure buildout on terms acceptable to Rackspace; Rackspace’s reliance on a limited number of technology partners, including NVIDIA; cybersecurity, data privacy, and regulatory compliance risks associated with serving regulated and sovereign customers; general economic and industry conditions; and other risks and uncertainties described in Rackspace's filings with the Securities and Exchange Commission, including its most recent Annual Report on Form 10-K and Quarterly Reports on Form 10-Q. Rackspace undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise, except as required by law.