Business● Low1h ago · Nov 10, 2026, 4:22 PM
Rackspace targets 20 to 22 megawatts of AI compute by end of 2027 as it raises 2026 revenue outlook to $2.51B-$2.56B
GlobeAlert Desk · curated from Seeking Alpha Tech · global
Rackspace aims to achieve 20 to 22 megawatts of AI compute capacity by late 2027 and has increased its revenue forecast for 2026 to between $2.51 billion and $2.56 billion. This indicates the company's strategic focus on AI and positive financial projections.
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