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Nvidia, VMWare partner to bring custom generative-AI services to businesses

Nvidia Corp. (NVDA) and VMWare Inc. (VMW) on Tuesday expanded their partnership to bring data-secure generative AI to more businesses. At VMWare's Explore event in Las Vegas, the multi-cloud platform and the chip maker announced the VMWare Private AI Foundation with Nvidia to offer business customers the ability to customize large-language models that use the customer's internal data to create private models for internal usage. The companies plan to launch the service in early 2024. Supporting the service, Nvidia said AI-ready servers from Dell Technologies Inc. (DELL), Hewlett Packard Enterprise Co. (HPE), and Lenovo Group Ltd. that use Nvidia's enterprise software, L40S graphics processing units, and BlueField-3 data processing units are expected to come out by the end of the year. Nvidia, which has grabbed a leading market share in AI hardware, is scheduled to report earnings after the close of markets Wednesday.

-Wallace Witkowski

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08-22-23 1326ET

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