Source: GlobeNewswire — 2026-07-09
Summary
Rackspace Technology and Palantir announced a definitive operating-framework agreement naming Rackspace a preferred partner for deploying Palantir Foundry and AIP into mid-market, regulated, and sovereign environments — healthcare systems protecting patient records, banks handling regulated data, energy operators with air-gapped infrastructure, and governments barred from moving data across borders. The framework pairs Palantir's software with Rackspace's governed private/sovereign cloud, on-prem infrastructure, and Palantir-certified engineers under a "deploy and operate" model, disclosed alongside Rackspace's preliminary Q2 2026 results as part of a strategic pivot toward operating the full enterprise AI stack.
Key Takeaways
- Rackspace has scaled to roughly 400 Palantir certifications across sales, engineering, delivery, and operations.
- First joint deployment, with a US-based solar-tracking manufacturer, closed in under two months and delivered a 94% reduction in quote-cycle time.
- Rackspace is committing to deploy Foundry/AIP across more than 70% of its own back-office operations under its internal "OneOS" program.
- Same-day preliminary Q2 2026 guidance: total revenue $641–649M; longer-term, Rackspace's Enterprise AI business targets 15 MW of capacity by end of 2027 and 30 MW by end of 2028.