Nutanix, Inc. (NTNX) shares rose as the company entered agreements with tech giants Dell Technologies Inc. (DELL) and NVIDIA Corporation (NVDA). The partnership with Dell aims to offer integrated hyperconverged appliances combining Nutanix Cloud platform and Dell servers, providing a broad range of applications with ecosystem flexibility. Additionally, the collaboration includes joint engineering, marketing, support, and services to simplify access for Dell customers to the Nutanix Cloud Platform.
On the other hand, the integration with NVIDIA will combine Nutanix’s enterprise AI platform with NVIDIA’s NIM inference microservices for accelerated inference of AI models. This collaboration will enable customers to leverage Nutanix GPT-in-a-Box 2.0 for optimized model deployment.
NTNX shares were trading up 1.65% at $73.35 following the announcements. The joint solutions with Dell and the integration with NVIDIA are expected to bring enhanced performance and flexibility to customers, with products set to be available later this year and in the second half of 2024, respectively.
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https://www.benzinga.com/markets/equities/24/05/38948043/nutanix-inks-pact-with-dell-nvidia-whats-going-on