Nutanix, a company specializing in hybrid multi-cloud computing, has announced a new collaboration with NVIDIA aimed at promoting the adoption of generative AI (GenAI) for enterprises. This partnership will integrate NVIDIA’s NIM Inference Microservices with Nutanix’s GPT-in-a-Box 2.0 to help customers develop scalable, secure, high-performance GenAI applications in both enterprise and edge environments.
The integration of NVIDIA NIM microservices with Nutanix’s platform is designed to simplify AI model deployment and improve the execution of AI and machine learning applications across various enterprises. The Nutanix GPT-in-a-Box 2.0, built on the Nutanix computing and data services platform, will offer a simplified AI-ready stack. It will be integrated with Nutanix Objects and Nutanix Files for model and data storage, giving customers control over their data. The updated version will automate the deployment and management of inference endpoints for a variety of AI models and ensure access with detailed control and auditing.
This collaboration aims to simplify the decision-making process involved in setting up AI solutions by providing an integrated system that supports a range of models, including those from the open-source community, NVIDIA AI Foundation, and custom models. Nutanix has also announced certification for the NVIDIA AI Enterprise 5.0 software platform, which aims to streamline AI development and deployment at the production level.
Tarkan Maner, chief commercial officer at Nutanix, highlighted the potential of the collaboration to simplify GenAI adoption for customers, enabling them to move into production more easily while maintaining control, privacy, and costs. Similarly, Manuvir Das, vice president of Enterprise Computing at NVIDIA, emphasized the benefits of integrating NVIDIA NIM into the Nutanix solution for quick deployment of optimized models by enterprises.
The release of Nutanix GPT-in-a-Box 2.0 is scheduled for the second half of 2024. This collaboration marks a significant step in allowing enterprises to leverage the power of AI technologies in a more streamlined and efficient manner.
In light of this partnership, it is essential to consider Nutanix’s financial health and market performance. With a market capitalization of $17.63 billion and strong market presence, Nutanix is poised for growth. Despite not being profitable in the last twelve months, analysts are optimistic about the company’s future prospects and predict net income growth in the coming year. Nutanix’s gross profit margins and positive sentiment from analysts toward its financial prospects indicate potential for further success.
Investors should be aware of Nutanix’s stock performance, which has seen significant growth over the past year, with a total price return of 181.65%. There is further analysis and advice available from InvestingPro, including insights on the company’s liquidity and debt levels. Users can access additional tips and discounts on subscriptions by visiting the InvestingPro website.
Overall, the collaboration between Nutanix and NVIDIA represents a significant advancement in facilitating the adoption of AI technologies for enterprises. This partnership combines the strengths of both companies to provide customers with enhanced capabilities in developing and deploying AI applications, ultimately driving innovation and efficiency in the industry.
Article Source
https://uk.investing.com/news/company-news/nutanix-teams-up-with-nvidia-for-ai-platform-integration-93CH-3507941
