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Netweb Technologies Share Price Jumps 9% After Launch of Skylus.ai

Updated on: Feb 19, 2025, 12:12 PM IST
Netweb Technologies' shares rose 9% after launching Skylus.ai, a vendor-agnostic AI platform optimising GPU resource management for AI and GenAI workloads.
Netweb Technologies Share Price Jumps 9% After Launch of Skylus.ai
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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.

Solving AI Infrastructure Challenges with a Vendor-Agnostic Approach

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).

Skylus.ai Features: Enabling Smarter AI Workflows

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:

  • Seamless GPU and CPU Integration – Supports multi-vendor architectures, making AI infrastructure more adaptable.
  • Optimised Workspaces – Creates specialised environments tailored to the needs of specific AI and GenAI workloads.
  • Efficient Resource Allocation – Allows organisations to allocate full GPUs or multi-instance GPU slices based on workload demand.

Tyrone Kubyts Workbench: Simplifying AI Deployment

Skylus.ai also incorporates Tyrone Kubyts, a pre-tested, pre-built AI workbench, featuring a curated Image Marketplace. This marketplace provides users with:

  • Packaged container images – Ready-to-deploy environments that eliminate the need for complex application setup.
  • VM disk images – Pre-configured virtual machine images that simplify deployment, reducing setup time and complexity.
  • Optimised AI tools – Ensures compatibility with leading AI frameworks and accelerates AI experimentation.

Driving the Future of AI with Skylus.ai

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.

Stock Performance 

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.

 

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their research and assessments to form an independent opinion about investment decisions.

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.

Published on: Feb 19, 2025, 10:23 AM IST

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