Nutanix, Inc. - NTNX STOCK NEWS

Nutanix (NASDAQ: NTNX) and NVIDIA have announced a collaboration to accelerate enterprise AI adoption. The integration of NVIDIA NIM inference microservices with Nutanix’s GPT-in-a-Box 2.0 will allow enterprises to build scalable, secure, high-performance GenAI applications both in the enterprise and at the edge.

This collaboration aims to simplify AI model deployment, making it accessible without needing a team of data scientists. The integration will automate deploying and running inference endpoints for a wide range of AI models, leveraging Nutanix's data services and compute platform.

Nutanix also announced certification for the NVIDIA AI Enterprise 5.0 software platform, ensuring streamlined AI development and deployment. Nutanix GPT-in-a-Box 2.0 is set to be available in the second half of 2024.

Nutanix has announced new AHV deployment options and features aimed at accelerating enterprise infrastructure modernization. At the .NEXT Conference in Barcelona, Nutanix unveiled capabilities designed to help companies reuse existing server hardware, lowering total cost of ownership (TCO).

A strategic partnership with Cisco has been formed to certify Cisco UCS blade servers, allowing more flexibility in deployment options. Nutanix also introduced new features that enhance cyber-resilience and support multi-site disaster recovery, essential for the upcoming Digital Operations Resilience Act (DORA).

Additionally, enhancements in Secure Snapshot and live migration capabilities promise to simplify operations and improve performance. These developments aim to provide a robust, scalable, and flexible environment for enterprises transitioning to a modernized infrastructure.

Nutanix (NASDAQ: NTNX) and Dell Technologies have announced a collaboration to accelerate customers' digital transformation with new hybrid multicloud solutions. Joint customers will benefit from combined Dell and Nutanix technologies to enhance IT operations, resiliency, and flexibility. The partnership will offer two new solutions: an integrated hyperconverged appliance combining Nutanix Cloud Platform and Dell servers, and Nutanix Cloud Platform for Dell PowerFlex, allowing for independent scaling of compute and storage. The solutions will be available through Dell's sales teams and partners worldwide, and are expected to be accessible to customers in early access later this year.

Nutanix, Inc. (NASDAQ: NTNX) will report its financial results for the third quarter of fiscal year 2024 on May 29, 2024, after the U.S. markets close. A conference call and earnings webcast will be held on the same day to discuss the results. Interested parties can access the call via the provided link or webcast on the Nutanix Investor Relations website.

Nutanix conducted its sixth annual Public Sector Enterprise Cloud Index survey, revealing a focus on AI, ransomware protection, and operational efficiency in IT investments. The study shows that hybrid multicloud deployments are expected to increase fourfold over the next three years in the public sector.

Nutanix's sixth annual Healthcare Enterprise Cloud Index (ECI) survey reveals that healthcare organizations are rapidly adopting hybrid multicloud models to modernize IT infrastructure, driven by the need for AI utilization, enhanced security, and sustainability. The study shows a significant increase in investments in IT modernization, with the adoption of hybrid multicloud models expected to double in the next one to three years. Healthcare organizations are facing new pressures to manage personal health information (PHI) securely while complying with regulations like HIPAA. The adoption of hybrid multicloud operating models in healthcare has increased by 10 percentage points compared to last year, now on par with all industries. The report highlights the benefits of hybrid multicloud solutions in simplifying operations, improving patient outcomes, and enhancing clinician productivity.

Nutanix (NTNX) announces programming for .NEXT 2024 event in Barcelona, focusing on hybrid multicloud computing. The event will feature industry leaders, expert sessions, and customer insights to help businesses maximize their cloud platform.

Nutanix files lawsuit against Tessell, alleging willful copyright and patent infringement, theft of source code and resources. Tessell founders, former Nutanix employees, accused of using Nutanix Era1 source code to develop their product. Nutanix seeks return of stolen IP, injunction, restitution, and damages, initiating arbitration proceedings as well.

Nutanix (NTNX) reveals in its sixth annual Enterprise Cloud Index report that hybrid multicloud models are set to double in adoption over the next one to three years due to the increasing pressures to modernize IT infrastructure driven by AI, security, and sustainability. Key findings include the rise of hybrid multicloud as the infrastructure standard, the importance of ransomware protection, challenges in application and data movement, and the prioritization of IT modernization and sustainability initiatives.