AMD puts $250 million into Nutanix to get it building an AI stack for its GPUs
The Register
February 26, 2026
AI-Generated Deep Dive Summary
AMD has made a significant investment in Nutanix, acquiring $150 million worth of its stock and funding up to $100 million for joint engineering and go-to-market efforts. The deal centers around developing a "full-stack AI infrastructure platform" that will leverage Nutanix’s software-defined datacenter stack to support AMD accelerators, expanding beyond the current Nvidia GPU exclusivity. This move is part of AMD's strategy to generate more demand for its hardware by offering customers greater choice in AI solutions.
Nutanix CEO Rajiv Ramaswami emphasized that the partnership aims to accelerate the adoption of agentic and inferencing applications across on-premises, cloud, and edge environments. He noted that while Nvidia is the current market leader, AMD's entry into this space represents a strategic bet on Nutanix’s ability to drive demand for its products. Ramaswami also acknowledged that enterprise AI adoption is still in its early stages, but Nutanix plans to accelerate progress by optimizing its platform for these applications.
The announcement came after Nutanix reported strong Q2 results, with revenue growing 10% year-over-year to $723 million and annual recurring revenue rising 16% to $2.36 billion. The company also highlighted a shift in customer preferences, with many moving away from VMware to its platform. Ramaswami attributed this trend to Nutan
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Originally published on The Register on 2/26/2026