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Publication Date: 2026-02-26 05:06:00
By Katherine Hamilton
Advanced Micro Devices and Nutanix are jointly developing an open, full-stack artificial intelligence infrastructure platform designed to power AI applications.
AMD will invest $150 million in Nutanix stock at a purchase price of $36.26 a share. It will also fund up to $100 million for Nutanix to support joint engineering initiatives and go-to-market collaboration to accelerate the adoption of AMD and the Nutanix AI platform.
The equity investment is slated to close in the second quarter of 2026.
The AI platform will be designed to give enterprise companies and service providers the capabilities to expand AI deployments.
Write to Katherine Hamilton at katherine.hamilton@wsj.com
(END) Dow Jones Newswires
02-25-26 1839ET
