^SAN ANTONIO, Feb. 19, 2026 (GLOBE NEWSWIRE) — Rackspace Technology
(https://www.rackspace.com/)® (NASDAQ: RXT), a provider of hybrid multicloud
and AI solutions, and Palantir Technologies Inc. (NASDAQ: PLTR), a global
leading provider of operational AI platforms, today announced a strategic
Partnership announced to help companies use the foundry and
Palantir’s Artificial Intelligence Platform (AIP) quickly in production
use and operate to achieve measurable business results.
This partnership will enable Rackspace’s regulated operating model for
consistent security, operational controls and compliance from edge to core
and to the cloud so customers can build AI use cases with Palantir within
of weeks or months instead of months or years in production
can. The companies are also working together to bring Palantir software to the
To operate Rackspace’s private cloud and UK sovereign data centers. This
is particularly important for regulated industries where AI implementations
must meet strict data sovereignty and compliance requirements.
Companies are struggling to understand the business value of AI and
To exploit data platforms, as the provision and operation of these
Large-scale systems require specialized expertise that they have internally
often not available. As a strategic partner of Palantir in the area
Data migration and global implementation services will help Rackspace customers
help prioritize their most important business issues, and
then carry out the implementation. These include the
Data preparation, hosting and ongoing operation of the Palantir platform,
to achieve the desired results. As part of this collaboration
Rackspace has 30 Palantir-trained engineers who
Perform data migrations and take a proactive approach to solving
pursue far-reaching customer problems. This should be done in the next 12 months
Number can be increased to over 250.
“Companies need AI that works in production, not just in
Demos,” explains Gajen Kandiah, CEO of Rackspace Technology.?The platform from
Palantir enables customers, in conjunction with its controlled cloud
Rackspace operations and our joint, forward-looking engineering team
Approach to shorten the payback period and with governance and security
to achieve competitive advantages. This is particularly true in regulated industries
Meaning.”
The partnership combines Rackspace’s 25 years of management experience
business-critical enterprise workloads in hybrid environments with the
Palantir decision intelligence platform. Customers can choose from one
Benefit from a turnkey delivery model that eliminates risks and
Reduced operational burdens and shortened the payback period. For
This partnership serves regulated and data-sensitive organizations to do more
Confidence in using advanced AI capabilities in a private
To create a cloud environment that meets the requirements of sovereignty, security
and data residency fulfilled.
“Companies that use our AI operating systems are transforming theirs
Unit costs fundamental. In connection with migration more complex
Palantir AIP shortens completion times from years to data environments
days. Rackspace will help our customers get started
accelerate and thereby play a leading role in their respective industries
,” said Sameer Kirtane, Head of US Commercial at Palantir.
Integrated service delivery across the entire stack
Customers want a unified way to deploy, control and
to operate AI in their data environments, which are accountable and measurable
Results guaranteed. In contrast to point solutions where customers
Having to manage infrastructure, data pipelines and AI operations separately is the goal
This partnership aims to provide end-to-end infrastructure hosting, data migration,
Implementation services and ongoing managed operations as integrated
to offer service.
For more information, visit: go.rackspace.com/lp/cp/palantir-
partnership-2026 (http://go.rackspace.com/lp/cp/palantir-partnership-2026)
About Rackspace Technology
Rackspace Technology is a leading provider of hybrid multicloud and AI
Solutions. We develop and operate our customers’ cloud environments
across all major technology platforms, regardless of the respective one
Technology stack or deployment model. We work with our customers in
every phase of your cloud development and help you develop your applications
to modernize, develop new products and innovative technologies
to introduce.
About Palantir
Essential software of tomorrow. Delivered today. Find more information
Visit https://www.palantir.com
(https://cts.businesswire.com/ct/CT?id=smartlink&url=https%3A%2F%2Fwww.palantir.
com&esheet=54351421&newsitemid=20251104194567&lan=en-
US&anchor=https%3A%2F%2Fwww.palantir.com&index=7&md5=6402e2bb1f994c8c302b2e1e3a0
ac2b1)
Forward-Looking Statements
This press release contains forward-looking statements within the meaning of
Section 27A of the US Securities Act of 1933, as amended
version and Section 21E of the US Securities Exchange Act of 1934, as amended
current version. These forward-looking statements include:
other statements about: the companies’ expectations regarding the scope
and the terms of contracts and future partnership activities
expected benefits of the partnership and the software platforms and
Services of the companies, the projects of Rackspace, its of Palantir
trained technical resources to expand the expected timelines for
the delivery and customer outcomes, the ability to use Palantir software in
to operate Rackspace’s data centers, as well as other statements
future capabilities, services and business expectations.
Forward-looking statements are inherently subject to risks and uncertainties,
some of which cannot be predicted or quantified.
Forward-looking statements are based on those made as of the date made
Information available for publication and based on current information
Expectations as well as management’s assessments and assumptions regarding
future events at that time. These statements are subject to risks
and uncertainties, many of which involve factors or circumstances that
are beyond the control of the companies.
For Palantir, these risks and uncertainties include the ability to:
to meet the individual needs of customers, the inability of the
Palantir’s platforms to satisfy customers or the desired
performance, the frequency or severity of software and
Implementation errors, the reliability of Palantir’s platforms and
the ability of customers to change or terminate the contract. For
Rackspace, these risks and uncertainties include the ability to
to recruit, train and retain qualified technical personnel,
the ability to provide managed services of the scale and quality described
to successfully provide technical challenges in the operation of the
Palantir software in Rackspace environments, customer adoption as well
the ability to meet the deployment schedules described herein and
achieve business results.
Further information about these and other risks and uncertainties can be found in
the documents that Rackspace Technology and Palantir may provide from time to time
file with the Securities and Exchange Commission. Neither Rackspace
Technology nor Palantir undertake not to make any forward-looking statements
new information, future developments or for other reasons
publicly update or revise, except as required by law
prescribed.
Media contacts
Cheryl Amerine, [email protected]
(mailto:[email protected])
Lisa Gordon, [email protected] (mailto:[email protected])
°
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