Palantir (PLTR) stock rallied on June 29 after the company announced a strategic partnership with Nvidia (NVDA) to deploy open AI models within classified and air-gapped U.S. government systems.
The collaboration integrates Nvidia’s Blackwell Ultra GPU architecture and Nemotron open-source models with Palantir’s AIP, Ontology, Foundry, and Apollo technology stack, creating what both companies describe as an “intelligent engine” for sovereign AI deployments.