Nutanix, a specialist in hybrid multi-cloud computing, has announced a new partnership with NVIDIA to facilitate the adoption of generative AI (GenAI) for enterprises. The collaboration entails integrating NVIDIA’s NIM inference microservices with Nutanix’s GPT-in-a-Box 2.0 to enhance customers’ ability to develop scalable, secure, high-performance GenAI applications in enterprise and edge environments.
The aim of this partnership is to address the challenges many companies face in adopting AI technologies, which have primarily been 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 improve the execution of AI and machine learning applications across diverse enterprises.
Nutanix GPT-in-a-Box 2.0, built on the Nutanix computing and data services platform, offers a simplified AI-ready stack integrated with Nutanix Objects and Nutanix Files for model and data storage, providing customers with control over their data. The updated version automates the deployment and management of inference endpoints for various AI models, ensuring access with detailed control and auditing.
The collaboration aims to streamline the decision-making process involved in setting up AI solutions by providing a system that runs on top of Nutanix Cloud Platform to support a variety of models, including those from the open-source community, NVIDIA AI Foundation, and custom models, using industry-standard APIs. Nutanix also announced certification for the NVIDIA AI Enterprise 5.0 software platform to streamline AI development and deployment at the production level, including support for NVIDIA NIM.
Tarkan Maner, chief commercial officer at Nutanix, highlighted the partnership’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, emphasized 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 set for release in the second half of 2024. The collaboration between Nutanix and NVIDIA is seen as a strategic move to leverage the strengths of both companies in AI technology to provide innovative solutions for enterprises.
In terms of financial health and market performance, Nutanix has a market capitalization of $17.63 billion and strong gross profit margins at 83.85%, despite not being profitable in the last twelve months. Analysts are optimistic about Nutanix’s future, with positive sentiment surrounding the company’s financial prospects. The company’s stock has seen significant performance over the past year, with a total price return of 181.65%.
Investors are advised to consider Nutanix’s market presence and financial indicators in light of its collaboration with NVIDIA in the GenAI space. Additional insights and advice are available from InvestingPro for a more in-depth analysis of Nutanix’s financial position and investment potential.
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https://www.investing.com/news/company-news/nutanix-teams-up-with-nvidia-for-ai-platform-integration-93CH-3450385