Nebius Just Became Palantir’s Preferred AI Infrastructure Partner. What This Means for NBIS Stock.

Palantir Technologies (PLTR) has named Nebius Group (NBIS) its preferred sovereign AI infrastructure partner. The companies announced the partnership on Sept. 8, with plans to integrate Nebius’s computing and inference endpoints into Palantir's enterprise platform.

That would allow eligible commercial customers to run and fine-tune open AI models on Nebius Group’s hardware while retaining control of their data, computing resources, and models. NBIS stock gained 7.7% to close at $243.88 following the news.