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Nutanix CEO Rajiv Ramaswami said generative AI will disrupt SaaS but only software essential to core tech operations will survive. Nutanix, founded by Dheeraj Pandey, offers multi-cloud software. Its market cap grew 7x to $22 billion from June 2022 to June 2025, then halved after Q1 FY26 earnings.
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Summary by ByteBrief
Salesforce, HubSpot, Adobe Oversold After SaaSpocalypse?