Nutanix (NTNX) shares are seeing a boost this morning after topping fiscal first-quarter earnings estimates. Nutanix CEO Rajiv Ramaswami joins Yahoo Finance Live to weigh in on the factors that have driven the cloud computing company's growth. Ramaswami states plainly that “every company is a tech company” and thus data management and applications to better manage AI functions are increasingly essential. Ramaswami teases the rolling out of a new platform, GPT-in-a-Box, which would allow companies to capitalize on AI. In terms of revenue, Ramaswami predicts this platform is “fundamental to every customer” due to the hastening adoption of AI. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live.
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