Nutanix, a company specializing in hybrid multi-cloud computing, has announced a new collaboration with NVIDIA to make generative AI (GenAI) more accessible to enterprises. This partnership will integrate NVIDIA’s NIM inference microservices with Nutanix’s GPT-in-a-Box 2.0, allowing customers to develop scalable, secure, high-performance GenAI applications in both enterprise and edge environments.
The goal of this collaboration is to simplify AI model deployment and enhance the execution of AI and machine learning applications across diverse enterprises. Nutanix GPT-in-a-Box 2.0, built on the Nutanix computing and data services platform, provides a simplified AI-ready stack integrated with Nutanix Objects and Nutanix Files for model and data storage. This setup enables customers to maintain control over their data, automate the deployment and management of inference endpoints for AI models, and ensure access with detailed control and auditing.
The integrated system will run on top of Nutanix Cloud Platform and support a variety of models, including open source, NVIDIA AI Foundation, and custom models, using industry standard APIs. Nutanix has also certified the NVIDIA AI Enterprise 5.0 software platform to streamline AI development and deployment at the production level, including support for NVIDIA NIM.
Tarkan Maner, Chief Commercial Officer at Nutanix, highlighted the collaboration’s potential to simplify GenAI adoption for customers, allowing easier transition into production while maintaining control, privacy, and costs. Manuvir Das, Vice President of Enterprise Computing at NVIDIA, emphasized the benefits of integrating NVIDIA NIM into the Nutanix solution for enterprises to deploy optimized models quickly. The release of Nutanix GPT-in-a-Box 2.0 is scheduled for the second half of 2024.
In terms of financial analysis, Nutanix has a market capitalization of $17.63 billion, indicating a strong presence in the market. Though not profitable in the last twelve months, analysts are optimistic about Nutanix’s future and predict net income growth this year. The company’s impressive gross profit margins and positive sentiment from analysts suggest a promising financial outlook.
Nutanix stock has seen significant performance over the past year, with a total price return of 181.65%. Investors interested in further analysis and advice can visit InvestingPro for additional insights on the company’s liquidity and debt levels. Users can also enjoy a 10% discount on a Pro and Pro+ subscription using the coupon code “FORECASTS24.”
Overall, the collaboration between Nutanix and NVIDIA aims to make GenAI more accessible to enterprises and streamline the development and deployment of AI applications in diverse environments. With a strong financial standing and positive market performance, Nutanix looks poised for future growth and innovation in the AI space.
Article Source
https://ng.investing.com/news/company-news/nutanix-teams-up-with-nvidia-for-ai-platform-integration-93CH-1365640
