Rackspace Signs Multiyear AI Infrastructure Agreement With Together AI
Bitget2026/11/10 13:33- Rackspace entered a multiyear agreement to provide dedicated NVIDIA GB300 NVL72 infrastructure for Together AI's inference workloads.
- Deployment is planned for 2027, subject to financing and other conditions.
- A separate nonbinding letter of intent covers potential joint enterprise AI offerings combining Together AI's capabilities with infrastructure and engineering services.
- A $66 million common stock private placement agreed November 6, 2026, will support corporate needs, including GPU initiatives.
- Separate financing for the NVIDIA systems remains under discussion with potential lenders.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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