Nutanix, a company specializing in hybrid multi-cloud computing, has announced a partnership with NVIDIA to facilitate the adoption of generative AI (GenAI) for enterprises. The collaboration will integrate NVIDIA’s NIM inference microservices with Nutanix’s GPT-in-a-Box 2.0 to support the development of scalable, secure, high-performance GenAI applications in enterprise and edge environments.
This partnership aims to address the challenges many companies face in adopting AI technologies, particularly those driven by public cloud and larger companies with data science teams. By integrating with NVIDIA NIM microservices, Nutanix seeks to simplify AI model deployment and enhance the execution of AI and machine learning applications across different enterprises.
The Nutanix GPT-in-a-Box 2.0, built on the Nutanix computing and data services platform, offers an AI-ready stack integrated with Nutanix Objects and Nutanix Files for model and data storage. This integration allows customers to maintain control over their data and automates the deployment and management of inference endpoints for various AI models. The collaboration will run on the Nutanix Cloud Platform and support a range of models, including those from the open source community, NVIDIA AI Foundation, and custom models using standard APIs.
Nutanix also announced certification for the NVIDIA AI Enterprise 5.0 software platform, aiming to streamline AI development and deployment at the production level, with support for NVIDIA NIM.
Tarkan Maner, chief commercial officer at Nutanix, emphasized the collaboration’s potential to simplify GenAI adoption for customers, enabling them to move into production more easily while maintaining control, privacy, and costs. Manuvir Das, vice president of Enterprise Computing at NVIDIA, highlighted the benefits of integrating NVIDIA NIM into the Nutanix solution for enterprises to deploy optimized models quickly.
The Nutanix GPT-in-a-Box 2.0 is expected to be released in the second half of 2024.
In light of Nutanix’s recent strategic partnership with NVIDIA, it is important to consider the company’s financial health and market performance. Nutanix has a market capitalization of 17.63 billion and has shown strong performance despite not being profitable in the last twelve months. Analysts are optimistic about Nutanix’s future, predicting net income growth this year.
InvestingPro suggests that Nutanix’s impressive gross profit margins and positive sentiment surrounding the company’s financial prospects are key factors in its ability to invest in innovative technologies like GenAI. The company’s stock has seen significant performance over the past year, with a total price return of 181.65%.
For more in-depth analysis and additional advice from InvestingPro, including information on the company’s liquidity and debt levels, visit their website. Users can also enjoy a discount on Pro and Pro+ subscriptions using a specific coupon code.
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https://ca.investing.com/news/company-news/nutanix-teams-up-with-nvidia-for-ai-platform-integration-93CH-3420475