Intel Pulls Out of OpenStack Effort It Founded with Rackspace

Intel has cut funding for an effort it launched two years ago with Rackspace to encourage the use of OpenStack software technology by big business customers that want more flexible and cheaper data center infrastructure. The two companies announced the joint effort, called the OpenStack Innovation Center, in July 2015. A source close to the effort said initial funding was supposed to last through 2018, but Intel pulled it early.

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