Rackspace Technology (RXT) stock surged 227% after announcing a Palantir partnership. The stock traded at $0.42 before the announcement. Rackspace holds $2.76B in long-term debt with only $144M cash ...

The move, designed to accelerate the deployment of Palantir's Foundry and Artificial Intelligence Platform (AIP), sent Rackspace shares into a triple-digit rally. The deal positions Rackspace as a ...

Rackspace Technology Inc. has landed a deal with software giant Palantir Technologies Inc. to help its customers use artificial intelligence. The partnership with Palantir, which has come under fire ...

Rackspace Technology (RXT) shares nearly quadrupled this morning after announcing a strategic partnership with Denver-headquartered Palantir Technologies (PLTR). According to the press release, this ...

SAN ANTONIO (AP) — SAN ANTONIO (AP) — Rackspace Technology, Inc. (RXT) on Thursday reported a loss of $32.7 million in its fourth quarter. On a per-share basis, the San Antonio-based company said it ...

CEO Gajen Kandiah emphasized a sharpened strategy in response to the market's shift towards AI at scale within enterprise systems, stating "Organizations now expect AI to deliver returns on their ...

CEO Gajen Kandiah is steering Rackspace toward a “platform engineering” model to operationalize enterprise AI in regulated environments, positioning the company as the infrastructure and operations ...

Palantir Technologies' stock has surged more than 5% on Wednesday after the company announced a partnership with Rackspace Technology to help enterprises deploy and operate Palantir’s AI platforms.