Nutanix, Inc. (NASDAQ:NTNX) shares are trading higher on Tuesday after the company inked pacts with tech behemoths Dell Technologies Inc (NYSE:DELL) and NVIDIA Corporation (NASDAQ:NVDA).
The deal with Dell Technologies is aimed at two new joint solutions. Dell will offer an integrated turnkey hyperconverged appliance combining Nutanix Cloud Platform and Dell servers.
The solution will be available with a broad portfolio of PowerEdge server models and configurations to meet requirements from a wide range of applications. Additionally, flexibility and choice of ecosystem is now more critical than ever.
In addition to delivering two new joint solutions, the companies will collaborate on engineering, go-to-market, support and services. This will enable Dell customers to benefit from expanded access to the simplicity of the Nutanix Cloud Platform.
"Our collaboration with Nutanix will enable our customers to benefit from the performance and resiliency of the Dell solutions along with the flexibility and ease of use of the Nutanix Cloud Platform," said Arthur Lewis, president, Infrastructure Solutions Group, Dell Technologies.
The joint solutions from Dell and Nutanix are currently under development and will be available in early access later this year.
Meanwhile, the integration with NVIDIA will bring together Nutanix's automated and secure enterprise AI platform with NVIDIA NIM inference microservices for accelerated inference of state-of-the-art AI models.
Nutanix's integration of NVIDIA NIM microservices will enable its customers to leverage Nutanix GPT-in-a-Box 2.0.
"The integration of NVIDIA NIM into Nutanix GPT-in-a-Box gives enterprises an AI-ready solution for rapidly deploying optimized models in production," said Manuvir Das, Vice President of Enterprise Computing at NVIDIA.
Nutanix GPT-in-a-Box 2.0 is expected to be available in the second half of 2024.
Price Action: NTNX shares are trading higher by 1.65% to $73.35 at last check Tuesday.
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