Advanced Micro Devices (AMD) and Rackspace Technology Sign a Definitive Agreement

Advanced Micro Devices and Rackspace Technology signed a definitive agreement on June 16 for deployment of 30 megawatts of AMD-based compute capacity across Rackspace's global data centers from late 2026 through 2028. The deal establishes AMD as the strategic technology partner for the silicon layer of Rackspace's governed AI stack, enabling regulated enterprises to deploy high-performance AI infrastructure. The agreement operationalizes a memorandum of understanding announced May 7.