Tech News Summary:
- Rackspace Technology has launched Foundry, an AI solution that enhances its existing generative AI capabilities and provides businesses with a more efficient way of creating and deploying machine learning models.
- Foundry offers pre-built templates, an intuitive user interface, and automation features for tasks such as data cleaning, feature engineering, hyperparameter tuning, and model evaluation.
- Foundry is built on Rackspace’s OpenStack infrastructure, making it scalable for businesses that need to process large amounts of data or handle complex workloads. It has the potential to transform the way businesses approach AI and become an essential component of many organizations’ machine learning strategies in the years to come.
Rackspace Technology, a leading end-to-end multicloud technology solutions company, has officially announced the launch of its new generative AI platform, Foundry. This cutting-edge technology will enable businesses to rapidly innovate and develop new products in a matter of weeks, rather than months or years.
Foundry is a cloud-native platform designed to harness the power of generative AI, a technology that creates new solutions based on existing solutions. This will allow organizations to rapidly prototype and build new products and services, with a focus on innovation and customer satisfaction.
The Foundry platform is built on Rackspace Technology’s strong heritage in cloud and AI technologies, leveraging its deep expertise in machine learning, data science, and automation. The platform’s advanced AI algorithms and computational models enable businesses to derive insights and generate novel ideas to drive innovation.
According to Kevin Jones, CEO of Rackspace Technology, “We’re thrilled to launch Foundry, our new generative AI platform that will transform the future of innovation. This new tool will help our customers to unlock the power of AI and drive innovation faster. This is a crucial time for businesses to be agile in their approach, and Foundry provides the flexibility needed to stay ahead of the curve.”
Foundry will offer a customized solution for businesses across a range of industries, from healthcare to financial services and retail. This cloud-native technology platform will improve operational efficiencies and generate new revenue streams for businesses by enhancing customer experiences, driving operational excellence, and supporting digital transformation.
With AI rapidly evolving and changing the way businesses operate, Foundry will allow companies to stay ahead of the curve. This powerful tool will enable organizations to meet customer demands quickly and develop new market opportunities, driving innovation which is paramount in these uncertain times. The future of innovation is here, and Rackspace Technology is leading the way.