Nutanix CEO talks earnings, the future of cloud computing, and AI
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 Published On Feb 29, 2024

Cloud computing and software company Nutanix (NTNX) blew past its fiscal second-quarter earnings results, posting gains of $0.46 per share. Nutanix CEO Rajiv Ramaswami joins Yahoo Finance Live anchors Brad Smith and Seana Smith to discuss the company's guidance and avenues for growth.
Demand is "it's more fundamentally driven by the fact that every company out there is going digital. And as they go digital, it's modern applications that they have to go build, and they need a model platform to run those applications," Ramaswami says. "And those applications and the data they need and consume and generate are everywhere... They're running it in their data centers... and even when you look at some of the most modern new things they're doing with generative AI, it's the same story."
#youtube #cloud #tech
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