In an interview with CNBC on Monday Jim Cramer,,,,, CoreWeave CEO Michael Intrator describes what makes his company different from Peer Oracle.
“Oracle has a suite of products that it offers, and they are a strong competitor,” Intrator said. “From our position, we really believe that over time, what separates us from anyone else is… the software stack that drives the performance we can achieve on the infrastructure.”
According to the inserter, CoreWeave built its software stack from scratch and made decisions based on optimizations. He also said the company neither attempted to incorporate any old technology” nor “integrate any history of success or failure”.
CoreWeave Announce On Monday, I plan to buy a data infrastructure provider Core Science About $9 billion. At the end, CoreWeave fell by more than 3%, while the core science situation fell by more than 17%.
The deal means Coreweave doesn’t have to pay rent on many Core Scientific’s data center websites, and management is Promotion Conference It will eliminate $10 billion in future rental obligations. The acquisition will also inflate CoreWeave’s access to power, giving the company a total capacity of 1.3 GW in Core Scientific’s U.S. data center footprint.
Intrator said CoreWeave has been working with Core Scientific for a long time, and the acquisition will create a larger company that “can be able to build and scale the products CoreWeave brings to the world’s most demanding AI customers.” He added that there is “a broad demand” for products, infrastructure and computing that drives AI.
“The market will take some time to understand the level of our business and the differences related to the software running the driver infrastructure,” Intror said.
