Rackspace and Together AI Partner for Enterprise AI Infrastructure

Rackspace and Together AI have entered into a multiyear strategic agreement to support enterprise AI inference workloads. Under the partnership, Rackspace will provide and operate dedicated NVIDIA GB300 NVL72 infrastructure, featuring liquid cooling and Spectrum-X Ethernet networking, with deployment scheduled for 2027. Together AI will contribute the managed cloud platform, developer tools, and access to open-source models to run on this hardware.

The two companies also signed a non-binding letter of intent to explore a joint go-to-market strategy for enterprise AI solutions, specifically focusing on compliance and data sovereignty. This collaboration aims to bridge the gap between raw compute access and production-ready AI services.

To support its broader growth and GPU-related initiatives, Rackspace secured a $66 million private placement of common stock from an investor group led by Voss Capital, LP. However, the company is still seeking separate financing to cover the cost of the NVIDIA hardware purchase.