Combined cloud, data, and AI solutions aim to accelerate decision-making from HQ to the strategic edge.
Palantir chose Oracle Cloud Infrastructure to increase performance, efficiency and autonomy for a wide range of organizations.
Austin, Texas And Denver, April 4, 2024 /PRNewswire/ — Oracle and Palantir today announced a partnership to deliver secure cloud and AI solutions aimed at powering 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—increasing efficiency, autonomy requirements It will help them to accomplish, and surpass their opponents.
As part of the deal, Palantir will migrate Foundry workloads to Oracle cloud infrastructure. Palantir will also make its Gotham and AI platforms deployable on Oracle’s distributed cloud: in public cloud regions; dedicated areas for Oracle Cloud Infrastructure; Oracle alloy; Oracle EU Sovereign Cloud; Oracle Government Cloud; Oracle Roving Edge, and Oracle’s air-connected areas for defense and intelligence customers. Oracle’s extensive cloud footprint and autonomous 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 privacy 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”. 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.”
“Both Palantir and Oracle are 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 realize the full benefits of cloud and AI.”
In any region, including commercial, autonomous, and government cloud environments, Oracle Cloud delivers more than 100 cloud services and applications, including the latest innovation in generative AI, running on an ultra-fast AI infrastructure. Oracle Cloud Infrastructure services and pricing are consistent across deployment types to simplify planning, portability and management.
The Palantir Artificial Intelligence Platform (AIP) enables organizations to bring the power of big language models to their enterprise networks, private data, and core operations – with greater security and confidence. The platform is designed to unify disparate data sources, logic assets, and process systems into a common operating picture. Oracle’s AI strategy, including its broad range of partners, provides innovative AI services and infrastructure that enhance 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 to the government and commercial industries.
Additional resources
About Oracle
Oracle offers a secure, autonomous infrastructure in addition to integrated suites of applications in the Oracle Cloud. For more information about Oracle (NYSE: ORCL), please visit us at www.oracle.com.
About Palantir Technologies
Palantir creates category-leading software that empowers organizations to build and govern artificial intelligence across public and private networks. Since 2003, we’ve helped some of the world’s most important organizations solve their toughest problems. Tomorrow’s core software. Delivered today.
Trademarks
Oracle, Java, MySQL and NetSuite are registered trademarks of Oracle Corporation. NetSuite was the first cloud company to usher 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 terms of the contract and the anticipated 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 the statements are made and were based on current expectations as well as the beliefs and assumptions of management at the time regarding future events. These statements are subject to risks and uncertainties, many of which include factors or circumstances beyond our control. These risks and uncertainties include our ability to meet the unique needs of our customers. the failure of our platforms to satisfy our customers or perform as required; the frequency or severity of any software and implementation errors; reliability of our platform; and our customer’s ability to modify or terminate the Agreement. 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 undertake no obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future as progress, or otherwise.
Source Oracle