Rackspace Technology Expands Rackspace Spot to Include NVIDIA-backed GPU Service

MT Newswires Live
05 Nov 2024

Rackspace Technology (RXT) said Monday that it is expanding Rackspace Spot to include a new location and an on-demand graphics processing unit, or GPU-as-a-Service backed by NVIDIA (NVDA).

The Rackspace Spot GPU-enabled platform is now hosted in the new Rackspace SJC3 data center in Silicon Valley, the company said.

The advanced GPU service allows customers to use NVIDIA-accelerated computing to speed up complex tasks like artificial intelligence, machine learning and data analytics.

Shares of Rackspace Technology rose more than 7% recently, while NVIDIA added over 1%.

Price: 2.50, Change: +0.17, Percent Change: +7.30

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