Opens in a new tab

Rackspace Technology Launches on Demand GPU-as-a-Service Powered by New NVIDIA Server Classes for Enhanced Performance and Reliability, Providing Advanced AI Infrastructure for Customers

November 4, 2024

Rackspace Technology Launches on Demand GPU-as-a-Service Powered by New NVIDIA Server Classes for Enhanced Performance and Reliability, Providing Advanced AI Infrastructure for Customers

Rackspace Technology Launches On-Demand GPU-as-a-Service Powered by NVIDIA Accelerated Computing

GPUaaS provides customers on-demand access to powerful accelerated resources for AI, machine learning, data analytics, and graphics rendering workloads

SAN ANTONIO, TX – November 4, 2024—Rackspace Technology® (NASDAQ: RXT), a leading hybrid, multicloud, and AI technology solutions company, today announced the expansion of Rackspace Spot with a new geographic location and an on-demand GPU-as-a-Service powered by NVIDIA accelerated computing. The expansion comes as the demand for compute power is expected to continue to grow at a rapid pace. According to IDC, AI data center capacity is “projected to have a compound annual growth rate (CAGR) of 40.5% through 2027. “[1] Rackspace Spot addresses that demand as a premier platform for computation-intensive applications like artificial intelligence, machine learning, and data analytics by providing on-demand, fully managed Kubernetes clusters delivered through a unique open market auction. 

“Rackspace’s GPUaaS will give customers on-demand access to powerful accelerated resources optimized for AI, machine learning, data analytics, and graphics rendering workloads,” said Brian Lillie, President of Private Cloud for Rackspace Technology. “With Spot GPUaaS, you can harness high-performance GPUs without substantial upfront investments in hardware, achieving both cost-efficiency and scalability.”

The Rackspace Spot GPU-enabled platform is hosted in our newest next-generation Rackspace SJC3 data center in Silicon Valley. The state-of-the-art facility offers enhanced performance and reliability, providing customers with advanced infrastructure from the ground up. 

“Rackspace is excited to unveil significant Spot enhancements that deliver increased customer value and performance. Gen-2 provisioning is now available, significantly reducing deployment time and increasing reliability. In addition, Spot is now in seven global locations with the addition of our latest site in San Jose, CA (SJC3),” said Lance Weaver, Chief Product and Technology Officer of Rackspace Private Cloud. “The new data center, constructed from the ground up with the latest OpenStack technology, enhances performance and reliability. This strategic location in the US-West region reduces latency and provides faster access for our West Coast customers, improving their overall user experience. Moreover, this new data center caters to higher-density infrastructure demands, enabling our customers to scale resources seamlessly as their business needs evolve.” 

Introducing a New Server Class

Rackspace Spot is introducing a new server class equipped with NVIDIA accelerated computing, specifically the NVIDIA H100 Tensor Core GPU.

  • GPU H100 Virtual Server v2.Mega Extra-Large offers one NVIDIA H100 GPU, an accelerator-optimized Intel 8568Y CPU with 48 hyperthreaded cores, 128 GB of memory, and advanced storage and networking capabilities.

This advanced GPU offering allows customers to harness the power of NVIDIA accelerated computing to speed up complex workloads such as artificial intelligence, machine learning, and data analytics. Customers can achieve faster processing times and improved operational efficiency with enhanced computational capabilities. Access to cutting-edge technology equips businesses to innovate rapidly and maintain a competitive advantage in their respective markets.

Rackspace Spot is available on-demand at spot.rackspace.com. Detailed specifications of the Spot GPU instances are available by clicking here.

About Rackspace Technology

Rackspace Technology is a leading end-to-end, hybrid, multicloud, and AI solutions 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.

Media Contact: Natalie Silva, publicrelations@rackspace.com

[1] AI Datacenter Capacity, Energy Consumption, and Carbon Emission Projections (Doc #US52131624)

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.