Rackspace, the corporation frequently held up as one of San Antonio's tech-industry shining stars, is slashing 15% of its workforce, or about 750 jobs of its international workforce.

In a Tuesday filing with the U.S. Securities and Exchange Commission, the company said it will hand out pink slips over the next six months as it shifts focus from its original business of providing cloud computing services to offering technology infrastructure and services for artificial intelligence.

Sign up "This realignment is predominantly driven by the company's strategic decision to deemphasize certain legacy service delivery functions (primarily within its Public Cloud business unit) and geographic rationalizations in favor of redeploying resources toward its enterprise AI buildout," Rackspace said in its filing.