Feb. 26 at 12:38 AM
$NTNX $AMD
AMD to invest
$150M in Nutanix, announces agentic AI partnership
AMD (AMD) and Nutanix (NTNX) announced a multi-year strategic partnership to jointly develop an open, full-stack AI infrastructure platform designed to power agentic AI applications, everywhere. The companies said, "This agreement aligns to both companies' commitment to an open ecosystem for AI, providing customers with choice and easy-to-deploy, production-ready, high-performance, and efficient solutions that are optimized for agentic AI, at the edge, inside enterprises, and across the cloud. The partnership aligns silicon innovation, open runtime software and enterprise cloud orchestration technologies for AI to deliver scalable, production-ready agentic AI platforms across data center, hybrid and edge environments."
As part of the agreement, AMD will make a strategic investment of
$150M in Nutanix common stock at a purchase price of
$36.26 per share, and fund up to
$100M for Nutanix to support joint engineering initiatives and go-to-market collaboration to accelerate the adoption of AMD and the Nutanix-powered agentic AI platform, everywhere. The equity investment is expected to close in the second quarter of 2026, subject to regulatory approvals and customary closing conditions.