Palantir Technologies Inc. (PLTR) Partners With Rackspace Technology

Palantir Technologies Inc. (NASDAQ:PLTR) is one of the Best Stocks to Buy and Hold For the Next 3 Years. On February 18, Palantir Technologies Inc. (NASDAQ:PLTR) announced its partnership with Rackspace Technology to accelerate enterprise deployment of Palantir’s Foundry platform and Artificial Intelligence Platform.

​Management noted that this strategic collaboration is aimed at faster production of AI-ready use cases, particularly for industries that are highly regulated and need data sovereignty and compliance. The partnership is pertinent for Palantir as Rackspace provides a governed operating model designed for security, controls, and compliance. Moreover, the model also cuts AI deployment time from months to weeks.

​As part of this partnership, Palantir will work towards data migration, global implementation, hosting, and managed operations. Sameer Kirtane, Head of US Commercial at Palantir Technologies Inc. (NASDAQ:PLTR), noted:

​“Organizations that adopt our AI Operating Systems fundamentally change their unit economics. In the context of migrating complex data environments, Palantir AIP is taking completion timelines from years to days.”

​Palantir Technologies Inc. (NASDAQ:PLTR) is a leading provider of artificial intelligence systems.

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