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$AMD to Buy $150 Million of Nutanix Stock in New Partnership
AMD will buy $150 million of Nutanix stock as part of a new partnership that includes joint engineering and sales. $AMD will also provide Nutanix up to $100 million to fund joint initiatives to develop and sell an infrastructure platform for AI applications, according to a person familiar with the plans
Nutanix sells software for managing IT infrastructure across data centers and the cloud, and it already partners with $AMD, $INTC, and $NVDA to offer its software alongside their chips