Rackspace Technology Launches Intelligent Co-Worker For The Enterprise To Make Generative Artificial Intelligence Accessible Worldwide
Portfolio Pulse from Benzinga Newsdesk
Rackspace Technology (NASDAQ:RXT) has launched Rackspace Intelligent Co-worker for the Enterprise (ICE), a generative artificial intelligence (AI) system designed for enterprise use. ICE uses AI to streamline repetitive tasks, identify promising leads, and deliver real-time contextual analytics for personalized customer interactions. It can also reduce the time required to generate effective customer presentations and proposals by leveraging and combining vast amounts of structured and unstructured data.

September 12, 2023 | 2:29 pm
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Rackspace's new AI product, ICE, could potentially increase the company's productivity and customer satisfaction, which may positively impact its stock price.
The launch of a new product, especially one that leverages AI to improve productivity and customer interactions, is generally seen as a positive development for a company. If ICE is successful and widely adopted, it could lead to increased revenues for Rackspace, which would likely have a positive impact on its stock price.
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