Press Release

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

November 4, 2024
PDF Version

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

SAN ANTONIO, Nov. 04, 2024 (GLOBE NEWSWIRE) -- Rackspace Technology® (NASDAQ: RXT), a leading hybrid, multicloud, and AI technology services 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 datacenter 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)


Consulting & Advisory Services
Professional Services
Managed Services
Quick Links
© 2024 Rackspace Technology, Inc.
×

You are using an outdated browser and are receiving a degraded experience. Please switch to the latest version of Microsoft Edge, Mozilla Firefox, Safari or Google Chrome. [Dismiss]

Disclaimer

Please note that you are now entering a website directly or indirectly maintained by a third party (the "External Site") and that you do so at your own risk.

Rackspace Technology, Inc.  (“RXT”) has no control over the External Site, any data or other content contained therein or any additional linked websites. The link to the External Site is provided for convenience purposes only.

By clicking “Accept” you acknowledge and agree that neither RXT nor third party provider Virtua Research, Inc. (“Virtua) is responsible, or accepts or assumes any responsibility or liability whatsoever for, the content, the data or the technical operation of the Linked Site. Further, by entering the External Site, you also acknowledge and agree that you completely and irrevocably waive any and all rights and claims against RXT and Virtua and further acknowledge and agree that in no event shall RXT or Virtua, its officers, employees, directors and agents be liable for any (i) indirect, consequential, incidental, special, compensatory or punitive damages, (ii) damages for loss of income, loss of business profits, business interruption, loss of data or business information, loss of or damage to property, (iii) claims of third parties, or (iv) other pecuniary loss, arising out of or related to this disclaimer or the External Site

By entering the External Site, you further acknowledge and agree that the disclaimer of warranties and limitations of liability set out in this disclaimer shall apply regardless of the causes, circumstances or form of action giving rise to the loss, damage, claim or liability, even if such loss, damage, claim or liability is based upon breach of contract (including, without limitation, a claim of fundamental breach or breach of a fundamental term), tort (including, without limitation, negligence), strict liability or any other legal or equitable theory, and even if RXT and Virtua are advised of the possibility of the loss, damage, claim or liability. The waiver and release specifically includes, without limitation, any and all rights and claims pertaining to the processing of personal data, including but not limited to any rights under any applicable data protection statute(s).

If in any jurisdiction, any part of this disclaimer is held to be unenforceable by a court of competent jurisdiction, such part of this disclaimer shall be restricted or eliminated to the minimum extent and the remaining disclaimer shall otherwise remain in full force and effect.

Please note the information presented is deemed representative at the time of its original release. Changes in historical information may occur due to adjustments in accounting and reporting standards & procedures.

Non-GAAP Information

In addition to disclosing results determined in accordance with GAAP, RXT may also disclose certain non-GAAP and pro forma non-GAAP results of operations, including certain ratios, operational and miscellaneous data, as well as net income, diluted earnings per share, operating expenses, and operating income that make certain adjustments or exclude certain charges and gains that are outlined in the schedules included in this website. Management believes that this non-GAAP and pro forma non-GAAP information provides investors with additional information to assess RXT operating performance by making certain adjustments or excluding costs or gains and assists investors in comparing our operating performance to prior periods. Management uses this non-GAAP and pro forma non-GAAP information, along with GAAP information, in evaluating its historical operating performance. RXT and Virtua also take no responsibility for third party pricing data provided for informational purposes and certain ratio results formulated from the provided third party pricing data.

The non-GAAP information is not prepared in accordance with GAAP and may not be comparable to non-GAAP information used by other companies. The non-GAAP information should not be viewed as a substitute for, or superior to, other data prepared in accordance with GAAP.

 

Accept
Decline