Rackspace Surges on Nvidia and Palantir Sovereign AI Deal

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Rackspace Surges on Nvidia and Palantir Sovereign AI Deal Rackspace shares jumped over 6% in pre-market trading following the announcement of a new sovereign AI computing partnership with Nvidia. The architecture combines Nvidia Blackwell technology with Palantir AIP to safeguard regulated enterprise data workloads across critical sectors. While Rackspace maintains a substantial infrastructure presence with $2.7 billion in revenue, the Seeking Alpha Quant rating flags the company as a hold due to lingering profitability challenges despite the positive AI catalysts.
  2026/09/10      youtube
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