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Nutanix Gains on GPT-in-a-Box Tidings

Nutanix (NASDAQ: NTNX) shares picked up some ground Tuesday, as the company, purporting to be a leader in hybrid multicloud computing, today announced new functionality for Nutanix GPT-in-a-Box, including integrations with NVIDIA NIM inference microservices and Hugging Face Large Language Models (LLMs) library. Additionally, the company announced the Nutanix AI Partner Program, aimed at bringing together leading AI solutions and services partners to support customers looking to run, manage, and secure generative AI (GenAI) applications on top of Nutanix Cloud Platform and GPT-in-a-Box. Nutanix GPT-in-a-Box is a full-stack solution purpose-built to simplify Enterprise AI adoption with tight integration with Nutanix Objects and Nutanix Files for model and data storage.

“We saw a great response to our original launch of Nutanix GPT-in-a-Box, validating the needs of Enterprise customers for on-premises software solutions that simplify the deployment and management of AI models and inference endpoints,” said Thomas Cornely, SVP of Product Management at Nutanix. “Enterprise is the new frontier for GenAI and we're excited to work with our fast-growing ecosystem of partners to make it as simple as possible to run GenAI applications on premises at scale while maintaining control on privacy and cost.”

Shares in NTNX grabbed 23 cents first thing Tuesday to $72.39.