Nutanix (NASDAQ: NTNX) saw an increase in its stock value as it announced new features for Nutanix GPT-in-a-Box, with integrations with cloud microservices, NVIDIA NIM inference, and Hugging Face Large Language Models (LLM) Library. The company also introduced the Nutanix AI Partner Program to collaborate with AI solutions and services partners in running generative AI applications on their platform.
Nutanix GPT-in-a-Box is a comprehensive solution created to simplify enterprise AI adoption by integrating with Nutanix Objects and Nutanix Files for model and data storage. Thomas Cornely, Senior Vice President of Product Management at Nutanix, expressed excitement about the positive response to their initial launch of Nutanix GPT-in-a-Box and emphasized the importance of providing on-premise software solutions to streamline the deployment and management of AI models.
The company aims to empower enterprises to efficiently run GenAI applications on their premises while maintaining control over privacy and costs. NTNX shares rose by 23 cents early on Tuesday, reaching $72.39.
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