Netweb Technologies’ share price jumped over 9% after the company on Wednesday, February 19, announced the launch of Skylus.ai, a cutting-edge composable GPU aggregation-disaggregation appliance designed to enhance GPU resource management for artificial intelligence (AI), including Generative AI (GenAI) workloads.
This innovative platform is set to address critical challenges faced by organisations in managing multi-vendor GPU and CPU resources, offering a vendor-agnostic solution to streamline AI operations.
Organisations working with AI often struggle with fragmented GPU and CPU resources from multiple vendors, leading to inefficiencies and higher costs. Skylus.ai provides a solution by allowing seamless integration of these resources, creating tailored workspaces that align with specific workload requirements.
By enabling organisations to use CPUs, full GPUs, or slices of multi-instance GPUs, Skylus.ai ensures efficient resource allocation, leading to faster ideation, enhanced collaboration, and accelerated experimentation. The platform optimises resource utilisation while reducing the total cost of ownership (TCO).
One of Skylus.ai’s standout features is its ability to aggregate and disaggregate GPU resources dynamically, ensuring flexibility for diverse AI applications. Key capabilities include:
Skylus.ai also incorporates Tyrone Kubyts, a pre-tested, pre-built AI workbench, featuring a curated Image Marketplace. This marketplace provides users with:
By launching Skylus.ai, Netweb Technologies reinforces its commitment to advancing AI infrastructure and fostering a Make-in-India AI ecosystem. The platform is poised to redefine AI operations, making GPU and CPU resource management more efficient, scalable, and cost-effective.
As AI and GenAI applications continue to grow, Skylus.ai provides a future-ready solution to help businesses and researchers leverage AI at scale while maintaining flexibility and efficiency.
On February 19, 2025, Netweb Technologies share price traded 9.14% higher at ₹1,463 at 10:14 AM (IST). Netweb Technologies’s share price reached a 52-week high of ₹3.060, and a 52-week low of ₹1,304.25. As per BSE, the total traded volume for the stock stood at 0.12 lakh shares with a turnover of ₹1.69 crores.
At the current price, Netweb Technologies shares are trading at a price-to-earnings (P/E) ratio of 81.55x, based on its trailing 12-month earnings per share (EPS) of ₹17.94, and a price-to-book (P/B) ratio of 18.09, according to exchange data.
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Published on: Feb 19, 2025, 10:23 AM IST
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