NasdaqGS:RXTIT
Rackspace Technology (RXT) Is Up 299.8% After New Palantir AI Hosting Deal - Has The Bull Case Changed?
Earlier in February 2026, Rackspace Technology announced a new collaboration with Palantir Technologies under which Rackspace will host and manage Palantir’s Foundry and Artificial Intelligence Platform in its private cloud and UK sovereign data centers, with plans to expand its Palantir-trained engineering team from 30 to 250 within a year.
This collaboration positions Rackspace as a key managed-services partner for regulated industries that want Palantir’s AI capabilities without relying...