Palantir names Nebius preferred sovereign AI infrastructure partner

Palantir names Nebius preferred sovereign AI infrastructure partner

Tue, September 8, 2026 at 6:38 PM GMT+3 2 min read

• PLTR -0.45%
• NBIS -1.45%

On Tuesday, Palantir designated Nebius (NASDAQ: NBIS) its preferred partner for sovereign AI infrastructure, linking Palantir's (NASDAQ: PLTR) enterprise software with Nebius's AI cloud and inference capacity.

After the integration period, Palantir's enterprise perimeter will contain Nebius compute and inference endpoints. Eligible commercial customers will be able to use the infrastructure while retaining control over their compute, data and models.

"Organizations need both the performance of large-scale AI infrastructure and control over their data and models," Nebius founder and CEO Arkady Volozh said. "Together with Palantir, we are bringing this to commercial clients enabling them to run their optimized open models on trusted infrastructure."

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The companies also plan to accelerate capacity deployments, including modular data centers at locations with available power. The announcement did not disclose the integration timeline, initial capacity, customer volumes, pricing, contract value, revenue commitments or capital commitments.

The arrangement gives Nebius a customer channel for faster deployments as it expands beyond company-owned and colocated infrastructure. Nebius opened its AI cloud platform to partner-owned data centers in July, allowing outside investors and operators to finance and own facilities and hardware while using its architecture, cloud software and customer network. Nebius did not state whether the Palantir partnership will use that ownership model.

Nebius reported second-quarter revenue of $582 million, representing a 454% increase from a year earlier, while reaffirming 2026 revenue guidance at $3 billion to $3.4 billion. The operator expects connected power to reach 800 MW to 1 GW by year-end and has maintained annual capital expenditure guidance of $20 billion to $25 billion.

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In August, Nebius completed pricing for notes totaling $5 billion of senior unsecured convertible notes, including $3 billion of 0.50% notes due 2030 and $2 billion of 4.50% notes due 2034. It plans to direct the proceeds toward data-center construction, additional sites, GPU purchases, AI cloud development and general corporate purposes.