Nutanix Partners With AMD on $250M Agentic AI Platform Deal

Quick Facts

• AMD will invest $150M in Nutanix stock and fund $100M for joint engineering initiatives
• First jointly-developed agentic AI platform expected to reach market in late 2026
• Partnership targets enterprise customers seeking flexible AI deployment across hybrid environments

Nutanix announced a strategic partnership with AMD on February 25, 2026, to develop an open AI infrastructure platform designed for enterprise agentic AI applications. The deal includes a $150 million equity investment from AMD at $36.26 per share and up to $100 million in funding for joint engineering projects.

The partnership aims to deliver scalable AI infrastructure that gives enterprises flexibility to run AI models across hybrid environments. Dan McNamara, senior vice president at AMD, said the collaboration focuses on building “a scalable, full-stack AI platform rooted in openness” that allows enterprises to innovate without vendor lock-in.

The first platform from this partnership will launch in late 2026, with meaningful revenue contributions expected in fiscal year 2027. The co-engineered solution will feature AMD Instinct GPUs and EPYC processors integrated with Nutanix Cloud and Kubernetes platforms.

Nutanix CEO Rajiv Ramaswami noted that agentic AI adoption remains in “very early stages” within enterprises. The company aims to accelerate deployment by optimizing its infrastructure stack for agentic applications across customer-preferred environments.

The partnership comes as Nutanix reported strong Q2 2026 financial results. The company exceeded earnings forecasts by 27%, posting $0.56 per share against a $0.44 estimate. Revenue reached $722.8 million, beating the $710.35 million forecast.

Annual recurring revenue grew 16% year-over-year to $2.36 billion. Nutanix added over 1,000 new customers in the quarter, marking the strongest new logo additions in eight years. Most new customers plan to migrate away from VMware, according to Ramaswami.

The AMD deal represents Nutanix’s second major AI partnership. The company previously integrated NVIDIA AI Enterprise capabilities and earned NVIDIA-Certified Storage certification for its Unified Storage platform.

“We’ve expanded Nutanix Enterprise AI to integrate new NVIDIA NIM and NeMo microservices so that enterprise customers can securely and efficiently build, run, and manage AI Agents anywhere,” said Thomas Cornely, SVP of Product Management at Nutanix.

Supply chain constraints affected server delivery times during Q2, which CFO Rukmini Sivaraman said could impact near-term revenue timing. Despite these challenges, the company maintains a strong position serving more than 30,000 customers worldwide.

The AMD equity investment requires regulatory approvals and is expected to close in Q2 2026. The partnership positions Nutanix to compete in the growing enterprise AI infrastructure market while maintaining its focus on hybrid cloud flexibility.

Read more: Nutanix rolls out software solution to scale enterprise agentic AI rollouts at lower cost