Oracle and Palantir Join Forces to Deliver Mission Critical AI Solutions to Governments and Businesses

Rhea-AI Summary

Oracle and Palantir partner to offer secure cloud and AI solutions to enhance decision-making capabilities for businesses and governments worldwide. Palantir selects Oracle Cloud Infrastructure to improve efficiency, performance, and sovereignty for organizations, enabling them to leverage data effectively.

Market Research Analyst

The partnership between Oracle and Palantir represents a strategic alignment of two major industry players, leveraging Oracle's cloud infrastructure and Palantir's AI expertise. This collaboration aims to enhance decision-making capabilities for businesses and governments, potentially leading to a competitive edge in various sectors. From a market perspective, the integration of these technologies could result in increased demand for cloud and AI services, particularly from entities with high sovereignty and security requirements.

Furthermore, the move of Palantir's Foundry workloads to Oracle Cloud Infrastructure signifies a substantial commitment to Oracle's services, which could influence market perceptions of Oracle's cloud offerings. This may also affect the competitive landscape, with clients possibly considering a shift towards Oracle for their cloud and AI needs. The announcement could have implications for the stock performance of both Oracle and Palantir, as investors may anticipate growth in revenue streams from this partnership.

Data Security Expert

The emphasis on sovereignty and security in the partnership underscores a growing market trend where organizations prioritize data protection and regulatory compliance. Oracle's ability to offer AI and cloud services even in air-gapped environments addresses a niche but critical requirement for defense and intelligence clients. This level of security assurance can be a decisive factor for government contracts, which often come with stringent data protection standards.

The collaboration could also set a new industry benchmark for cloud and AI security, compelling competitors to elevate their offerings to meet these enhanced standards. For stakeholders, this partnership could translate into enhanced trust in data handling and potentially reduce the risk of data breaches, which have become increasingly costly both financially and reputationally.

Defense Industry Analyst

The partnership's focus on defense and intelligence sectors taps into a substantial and often stable revenue source due to consistent government spending. Oracle's deep roots in defense, combined with Palantir's AI platforms, could lead to innovative solutions that meet the unique needs of high-stakes missions. This joint effort may open up opportunities for advancements in areas such as real-time strategic decision-making and operational efficiency.

For defense contractors and stakeholders, the integration of Oracle's and Palantir's technologies could result in enhanced capabilities that are critical for maintaining national security. The potential for these integrated solutions to become industry standards in defense and intelligence could influence future procurement decisions and drive long-term growth for both companies.

Joint cloud, data, and AI solutions aim to accelerate decision-making from HQ to the tactical edge

Palantir selects Oracle Cloud Infrastructure to enhance efficiency, performance and sovereignty for a wide range of organizations

AUSTIN, Texas and DENVER, April 4, 2024 /PRNewswire/ -- Oracle and Palantir today announced a partnership to provide secure cloud and AI solutions aiming to power businesses and governments around the world. Oracle's distributed cloud and AI infrastructure, combined with Palantir's leading AI and decision acceleration platforms, will help organizations maximize the value of their data—which will contribute to increasing efficiency, addressing sovereignty requirements, and help them outpace adversaries.

As part of the agreement, Palantir will move Foundry workloads to Oracle Cloud Infrastructure. Palantir will also make its Gotham and AI Platforms deployable across Oracle's distributed cloud: in public cloud regions; Oracle Cloud Infrastructure Dedicated Regions; Oracle Alloy; Oracle EU Sovereign Cloud; Oracle Government Cloud; Oracle Roving Edge, and Oracle's air-gapped regions for defense and intelligence customers. Oracle's vast cloud footprint and sovereign AI capabilities will allow more organizations to use Palantir's leading platforms for data integration and decision-making. Oracle and Palantir are proving there is no trade-off. Organizations can have the best cloud infrastructure, cloud applications, and AI while meeting the highest sovereignty and security standards.

"Oracle is the only hyperscaler capable of delivering its entire AI and cloud suite to any business or government anywhere in the world," said Rand Waldron, vice president, Oracle. "By combining the performance, scalability, and flexibility of Oracle Cloud Infrastructure with Palantir's leading data and AI platforms, we will help our customers win in any industry or environment."

"Palantir and Oracle are both dedicated to defending western interests and institutions around the world," said Josh Harris, executive vice-president, Palantir. "Oracle Cloud Infrastructure's unique ability to help customers meet their regulatory, performance, and security needs will increase our impact and help our global clients gain the full benefits of cloud and AI."

In any region, including commercial, sovereign, and government air-gapped environments, Oracle Cloud provides more than 100 cloud services and applications, including the latest innovation in generative AI, running on a blazing fast AI infrastructure. Oracle Cloud Infrastructure services and pricing are consistent across deployment types to simplify planning, portability, and management.

Palantir Artificial Intelligence Platform (AIP) enables organizations to bring the power of large language models to their enterprise networks, private data, and core operations – with maximum security and trust. The platform is designed to bring together disconnected data sources, logic assets, and systems of action into a single common operating picture. Oracle's AI strategy, including its wide range of partners, provides generative AI services and infrastructure that extend Palantir's AI capabilities to help customers accelerate decision-making. Oracle's long history in defense and intelligence provides a depth of experience and technology critical to the success of high-stakes missions. Together, Oracle and Palantir will bring powerful new capabilities to the defense industry.

Oracle and Palantir will jointly sell and support cloud and AI services across government and commercial industries.

Additional Resources

• Learn more about Oracle Cloud Infrastructure
• Read about Oracle's distributed cloud strategy
• Learn more about Oracle's AI strategy
• Read about Oracle Cloud Infrastructure's AI Ecosystem

About Oracle

Oracle offers integrated suites of applications plus secure, autonomous infrastructure in the Oracle Cloud. For more information about Oracle (NYSE: ORCL), please visit us at www.oracle.com.

About Palantir Technologies 

Palantir builds category-leading software that empowers organizations to create and govern artificial intelligence across public and private networks. Since 2003, we have helped some of the world's most important organizations solve their most difficult problems. Foundational Software of Tomorrow. Delivered Today.

Trademarks

Oracle, Java, MySQL and NetSuite are registered trademarks of Oracle Corporation. NetSuite was the first cloud company—ushering in the new era of cloud computing.

Forward Looking Statements

This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These statements may relate to, but are not limited to, Palantir's expectations regarding the amount and the terms of the contract and the expected benefits of our software platforms. Forward-looking statements are inherently subject to risks and uncertainties, some of which cannot be predicted or quantified. Forward-looking statements are based on information available at the time those statements are made and were based on current expectations as well as the beliefs and assumptions of management as of that time with respect to future events. These statements are subject to risks and uncertainties, many of which involve factors or circumstances that are beyond our control. These risks and uncertainties include our ability to meet the unique needs of our customer; the failure of our platforms to satisfy our customer or perform as desired; the frequency or severity of any software and implementation errors; our platforms' reliability; and our customer's ability to modify or terminate the contract. Additional information regarding these and other risks and uncertainties is included in the filings we make with the Securities and Exchange Commission from time to time. Except as required by law, we do not undertake any obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future developments, or otherwise.

 

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SOURCE Oracle

What is the partnership between Oracle and Palantir about?

The partnership aims to provide secure cloud and AI solutions to empower businesses and governments globally, enhancing decision-making processes.

What benefits do organizations gain from the Oracle and Palantir collaboration?

Organizations can maximize the value of their data, increase efficiency, address sovereignty requirements, and outpace adversaries by leveraging Oracle's cloud and AI infrastructure combined with Palantir's leading AI platforms.

Which workloads will Palantir move to Oracle Cloud Infrastructure?

Palantir will move Foundry workloads to Oracle Cloud Infrastructure as part of the agreement.

In which regions will Palantir's Gotham and AI Platforms be deployable across Oracle's distributed cloud?

Palantir's Gotham and AI Platforms will be deployable across various regions within Oracle's distributed cloud, including public cloud regions, Oracle Cloud Infrastructure Dedicated Regions, Oracle Alloy, Oracle EU Sovereign Cloud, Oracle Government Cloud, Oracle Roving Edge, and Oracle's air-gapped regions for defense and intelligence customers.

What unique capabilities does Oracle Cloud Infrastructure offer to customers?

Oracle Cloud Infrastructure provides over 100 cloud services and applications, including the latest generative AI innovation, running on a high-speed AI infrastructure. The services and pricing are consistent across deployment types for simplified planning, portability, and management.