9 AI News and Ratings on Investors’ Radar

6. Rackspace Technology, Inc. (NASDAQ:RXT)

Number of Hedge Fund Holders: 15

Rackspace Technology, Inc. (NASDAQ:RXT) provides multi-cloud services, including infrastructure, security, data solutions, and managed cloud services across global markets.

On March 25, Rackspace Technology introduced Rackspace AI Business, a private cloud platform designed to support enterprises in managing AI workloads, including training and inferencing. The platform is built with Dell Servers and NVIDIA GPUs and offers secure, high-performance infrastructure to streamline AI deployment and scalability. It includes capabilities for distributed training, scalable inferencing, and fine-tuning pre-trained models while ensuring compliance and data protection. Rackspace aims to simplify AI adoption by removing technical hurdles, enabling businesses to focus on maximizing the value of their AI initiatives without managing complex infrastructure.