'Rackspace Technology Launches Foundry For Generative AI By Rackspace'
Portfolio Pulse from Benzinga Newsdesk
Rackspace Technology (NASDAQ:RXT) announced the launch of Foundry for Generative AI by Rackspace (FAIR), a global practice dedicated to accelerating the secure, responsible, and sustainable adoption of generative AI solutions across industries. FAIR builds on Rackspace's unique IP and multicloud capabilities, strategic acquisition of Just Analytics, and partnerships with leading hyperscalers.
June 13, 2023 | 2:13 pm
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Rackspace Technology launches FAIR, a global practice aimed at accelerating the adoption of generative AI solutions across industries, leveraging its unique IP, multicloud capabilities, and strategic partnerships.
The launch of FAIR positions Rackspace Technology as a leader in generative AI solutions, leveraging its unique IP, multicloud capabilities, and strategic partnerships. This move is likely to attract new customers and drive growth, positively impacting RXT's stock price in the short term.
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