Nvidia Certifies Rackspace Technology for Cloud Partnership
On September 10, 2026, Rackspace Technology (RXT) announced it has joined Nvidia's Cloud Partner Program. This partnership involves integrating Nvidia’s Blackwell chips with Palantir Technologies’ Foundry and AIP software into a new offering called the Institutional Sovereign Pod. The certification allows Rackspace to offer enterprise-grade cloud services validated by Nvidia, positioning itself as an alternative for regulated buyers who prefer a single accountable operator over assembling their own stack. The move has already driven more than 6% gains in premarket trading of RXT shares, which had previously traded below $1 earlier this year. The certification is not just symbolic; it requires meeting Nvidia’s performance benchmarks and infrastructure standards typically reserved for larger cloud providers like Amazon or Microsoft. This partnership also aligns with a broader initiative by both Nvidia and Palantir to offer Sovereign AI solutions tailored for supply chain management. Rackspace's CEO emphasized the importance of control over data, models, and systems in regulated environments. The timing is strategic as RXT has experienced significant volatility this year due to guidance cuts and legal actions.
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Topics: cloud certification market reaction Nvidia Rackspace Technology