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Benzinga
Benzinga
Business
Namrata Sen

CoreWeave CEO Bets On 'Custom-Built Software Stack' To Outpace Rivals— But Calls Oracle A 'Formidable Competitor'

CoreWeave Oracle Michael Intrator CNBC CRWV NYSE Oracle Corporation ORCL Core Scientific Jim Cramer
Shanghai,china-oct.21st,2024:,Coreweave,Company,Brand,Logo,On,Phone,Screen

In a recent interview with CNBC, CoreWeave (NASDAQ:CRWV) CEO Michael Intrator acknowledged Oracle Corporation (NYSE:ORCL) as a strong rival in the artificial intelligence infrastructure sector.

What Happened: Intrator, in a conversation with CNBC’s Jim Cramer on Monday, emphasized the unique selling point of CoreWeave, differentiating it from Oracle. “Oracle has its own set of products that they’re offering, and they are a formidable competitor,” Intrator said, as reported by CNBC.

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