Nutanix stock rose on Tuesday following the company’s announcement of new features for Nutanix GPT-in-a-Box, which includes integrations with cloud microservices, NVIDIA NIM inference, and Hugging Face Large Language Models Library. In addition, Nutanix introduced the Nutanix AI Partner Program to collaborate with leading AI solutions and services partners for customers interested in running generative AI applications on the Nutanix Cloud Platform and GPT-in-a-Box.
The Nutanix GPT-in-a-Box solution is designed to simplify enterprise AI adoption with seamless integration with Nutanix Objects and Nutanix Files for model and data storage. Thomas Cornely, Senior Vice President of Product Management at Nutanix, expressed how the positive response to the initial launch of Nutanix GPT-in-a-Box validates the need for on-premise software solutions that streamline the deployment and management of AI models and inference endpoints. He emphasized that the focus on enterprise GenAI applications demonstrates the company’s commitment to working with partners to simplify running GenAI applications on-premises at scale while maintaining control over privacy and costs.
Following the announcement, NTNX shares rose by 23 cents to $72.39 on Tuesday. The new features and initiatives introduced by Nutanix highlight the company’s dedication to providing innovative solutions for enterprise AI adoption and fostering partnerships within the AI industry. Nutanix’s continued efforts to enhance its hybrid multi-cloud computing capabilities position the company as a leader in the evolving AI landscape.
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http://www.baystreet.ca/articles/techinsider.aspx?id=4294
