The company at the heart of the AI bubble

The company at the heart of the AI bubble

So a lot of people think AI is a bubble. So we sent Verge senior reporter Liz Lopatto out to report on the AI bubble — whether it's real, how it might pop, and what all of this means.She’s joining the show today to talk about a particular company that sits right in the middle of all of it. That company is called CoreWeave, and Liz has spent considerable time diving into its history, its financials, and the truly fascinating story that all of that tells us about the modern AI boom. Links: CoreWeave CEO plays down concerns about AI-spending bubble | WSJ Why debt funding is ratcheting up the risks of the AI boom | NYT Inside the data centers that train AI and drain the electrical grid | The New Yorker How a crypto miner transformed Into the multibillion-dollar backbone of AI | Wired CoreWeave signs $14 billion AI infrastructure deal with Meta | Reuters CoreWeave, Nvidia sign $6.3 billion cloud computing capacity order | Reuters Nvidia turned CoreWeave into major player in AI years before saving its IPO | CNBC CoreWeave inks $6.5 billion deal with OpenAI | CNBC ‘Project Osprey:’ How Nvidia seeded CoreWeave’s rise | The Information For this startup, Nvidia GPUs are currency | The Verge Subscribe to The Verge to access the ad-free version of Decoder! Credits: Decoder is a production of The Verge and part of the Vox Media Podcast Network. Decoder is produced by Kate Cox and Nick Statt and edited by Ursa Wright. Our editorial director is Kevin McShane. The Decoder music is by Breakmaster Cylinder. Learn more about your ad choices. Visit podcastchoices.com/adchoices

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Clearview AI and the end of privacy, with author Kashmir Hill

Clearview AI and the end of privacy, with author Kashmir Hill

Today, I’m talking to Kashmir Hill, a New York Times reporter whose new book, Your Face Belongs to Us: A Secretive Startup’s Quest to End Privacy as We Know It, chronicles the story of Clearview AI, a company that’s built some of the most sophisticated facial recognition and search technology that’s ever existed. As Kashmir reports, you simply plug a photo of someone into Clearview’s app, and it will find every photo of that person that’s ever been posted on the internet. It’s breathtaking and scary. Kashmir was the journalist who broke the first story about Clearview’s existence, starting with a bombshell investigation report that blew the doors open on the company’s clandestine operations. Over the past few years, she’s been relentlessly reporting on Clearview’s growth, the privacy implications of facial recognition technology, and all of the cautionary tales that inevitably popped up, from wrongful arrests to billionaires using the technology for personal vendettas. The book is fantastic. If you’re a Decoder listener, you’re going to love it, and I highly recommend it.  Links:  The secretive company that may end privacy as we know it What we learned about Clearview AI and its secret ‘co-founder’ Clearview AI does well in another round of facial recognition accuracy tests hiQ and LinkedIn reach proposed settlement in landmark scraping case My chilling run-in with a secretive facial-recognition app Clearview’s facial recognition app Is identifying child victims of abuse ‘Thousands of dollars for something I didn’t do’ How we store and search 30 billion faces Clearview AI agrees to permanent ban on selling facial recognition to private companies Clearview fined again in France for failing to comply with privacy orders Privacy law prevents Illinoisans from using Google app’s selfie art feature Madison Square Garden uses facial recognition to ban its owner’s enemies Transcript: https://www.theverge.com/e/23683175 Credits:  Decoder is a production of The Verge and is part of the Vox Media Podcast Network. Today’s episode was produced by Kate Cox and Nick Statt. It was edited by Callie Wright.  The Decoder music is by Breakmaster Cylinder. Our Executive Producer is Eleanor Donovan. Learn more about your ad choices. Visit podcastchoices.com/adchoices

17 Loka 20231h 1min

CEO David Baszucki's mission to make Roblox a billion-player platform

CEO David Baszucki's mission to make Roblox a billion-player platform

Today we’re bringing you the last of our live-on-stage interviews from the 2023 Code Conference. Verge deputy editor Alex Heath sat down to chat with Roblox CEO David Baszucki.  Roblox definitely started out as a kid thing, but the company has big plans to change all that, and Alex got to find out a bit about how that’s going. Roblox is determined to be a platform, even more than a product — something users can develop games and experiences on. And of course, David and Alex spoke about AI. David sees a lot of opportunity for generative AI to help content creators on the Roblox platform in the not-so-distant future.  Links:  https://www.youtube.com/watch?v=mfYz8weQm4M https://techcrunch.com/2023/09/21/roblox-cuts-30-on-talent-acquisition-team-as-hiring-slows/ https://www.theverge.com/2023/9/8/23864858/roblox-ceo-prediction-adults-dating-experiences-rdc-2023 https://www.theverge.com/2023/9/27/23889307/meta-ray-ban-smart-glasses-wearables-connect https://www.theverge.com/23775268/roblox-ceo-david-baszucki-gaming-metaverse-robux-virtual-reality https://mashable.com/article/karlie-kloss-roblox-klossette https://www.theverge.com/23734209/parsons-roblox-design-class-metaverse-fashion Transcript: https://www.theverge.com/e/23677085 Credits: Decoder is a production of The Verge and part of the Vox Media Podcast Network. Today’s episode was produced by Kate Cox and Nick Statt and was edited by Amanda Rose Smith. The Decoder music is by Breakmaster Cylinder. Our Executive Producer is Eleanor Donovan. Learn more about your ad choices. Visit podcastchoices.com/adchoices

12 Loka 202331min

Rivian CEO RJ Scaringe on ramping up R1T production and competing with the Cybertruck

Rivian CEO RJ Scaringe on ramping up R1T production and competing with the Cybertruck

We’ve got another interview from the Code Conference today. My friend and co-host, CNBC’s Julia Boorstin, and I had a chance to talk with Rivian CEO RJ Scaringe. Rivian is a newer company — RJ started it in 2009, and it took more than 10 years to start shipping cars to consumers. But its first vehicle, the R1T pickup, made a big splash when it arrived in 2021, and the company has more back orders for both the R1T and its second vehicle, the R1S SUV, than it can handle. For now. We asked RJ about that production ramp and whether Rivian can meet demand, and whether it’s just early adopters buying EVs or if they’ve finally gone mainstream. The conversation also touched on Rivian’s deal with Amazon and the auto industry’s push toward subscription features. And, of course, I had to ask Scaringe about the Cybertruck. How could I resist?! Links:  BMW starts selling heated seat subscriptions for $18 a month BMW drops plan to charge a monthly fee for heated seats U.A.W. expands strikes at automakers: Here’s what to know. Rivian boosts EV production target as supply problems ease Ford F-150 Lightning gets $10K price cut as ramping supply meets demand First look at Cybertruck’s comically large windshield wiper in action Amazon says it has ‘over a thousand’ Rivian electric vans making deliveries in the US Rivian to adopt Tesla's charging standard in EVs and chargers Rivian electric pickup caught fire while charging at Electrify America station Transcript: https://www.theverge.com/e/23672708 Credits: Decoder is a production of The Verge and part of the Vox Media Podcast Network. Today’s episode was produced by Kate Cox and Nick Statt and was edited by Callie Wright. The Decoder music is by Breakmaster Cylinder. Our Editorial Director is Brooke Minters and our Executive Producer is Eleanor Donovan. Learn more about your ad choices. Visit podcastchoices.com/adchoices

10 Loka 202340min

Getty Images CEO Craig Peters has a plan to defend photography from AI

Getty Images CEO Craig Peters has a plan to defend photography from AI

Last week, when I was co-hosting the Code Conference, I got to talk with Getty Images CEO Craig Peters. The generative AI boom is a direct threat to Getty in many ways. For example, the company is suing Stability AI for training the Stable Diffusion model on Getty content — sometimes clearly including AI-generated copies of the Getty watermark — without permission. Getty's answer? Its own proprietary, in-house AI tool, trained — with permission — on its own content, using a model where the original creators can get paid. Getty's put some pretty strict guardrails around it for now, but, as even Craig told us, there's still a lot of work to do. Links:  https://www.theverge.com/2022/9/21/23364696/getty-images-ai-ban-generated-artwork-illustration-copyright https://www.theverge.com/2023/2/6/23587393/ai-art-copyright-lawsuit-getty-images-stable-diffusion https://www.theverge.com/2023/9/25/23884679/getty-ai-generative-image-platform-launch https://www.theverge.com/23900198/microsoft-kevin-scott-ai-art-bing-google-nvidia-decoder-interview https://arstechnica.com/tech-policy/2020/06/section-230-the-internet-law-politicians-love-to-hate-explained/ https://www.npr.org/2023/05/18/1176881182/supreme-court-sides-against-andy-warhol-foundation-in-copyright-infringement-cas https://www.theverge.com/2023/7/26/23808184/big-ai-really-wants-to-convince-us-that-theyre-cautious https://journal.everypixel.com/ai-image-statistics https://www.npr.org/2023/05/22/1177590231/fake-viral-images-of-an-explosion-at-the-pentagon-were-probably-created-by-ai Transcript: https://www.theverge.com/e/23667741 Credits: Decoder is a production of The Verge and part of the Vox Media Podcast Network. Today’s episode was produced by Kate Cox and Nick Statt and was edited by Amanda Rose Smith. The Decoder music is by Breakmaster Cylinder. Our Editorial Director is Brooke Minters and our Executive Producer is Eleanor Donovan.   Learn more about your ad choices. Visit podcastchoices.com/adchoices

5 Loka 202334min

Microsoft CTO Kevin Scott on how AI and art will coexist in the future

Microsoft CTO Kevin Scott on how AI and art will coexist in the future

I co-hosted the Code Conference last week, and today’s episode is one of my favorite conversations from the show: Microsoft CTO and EVP of AI Kevin Scott. If you caught Kevin on Decoder a few months ago, you know that he and I love talking about technology together. I really appreciate that he thinks about the relationship between technology and culture as much as we do at The Verge, and it was great to add the energy from the live Code audience to that dynamic. Kevin and I talked about how things are going with Bing and Microsoft’s AI efforts, as well the company’s relationship with Nvidia and whether it's planning to develop its own AI chips. I also asked Kevin some pretty philosophical questions about AI: Why would you write a song or a book when AI is out there making custom content for other people? Well, it’s because Kevin thinks the AI is still “terrible” at it for now, as Kevin found out firsthand. But he also thinks that creating is just what people do, and AI will help more people become more creative. Links:  Microsoft CTO Kevin Scott thinks Sydney might make a comeback Hands-on with the new Bing: Microsoft’s step beyond ChatGPT Microsoft Bing hits 100 million active users in bid to grab share from Google How Microsoft is trying to lessen Its addiction to OpenAI as AI costs soar AMD CEO Lisa Su on the AI revolution and competing with Nvidia Microsoft's tiny Phi-1 language model shows how important data quality is for AI training Microsoft says listing the Ottawa Food Bank as a tourist destination wasn’t the result of ‘unsupervised AI’ Transcript: https://www.theverge.com/e/23664239 Credits: Decoder is a production of The Verge and is part of the Vox Media Podcast Network. Today’s episode was produced by Kate Cox and Nick Statt. It was edited by Callie Wright.  The Decoder music is by Breakmaster Cylinder. Our Editorial Director is Brooke Minters and our Executive Producer is Eleanor Donovan. Learn more about your ad choices. Visit podcastchoices.com/adchoices

3 Loka 202344min

'The Android of agriculture': Monarch Tractor CEO Praveen Penmetsa on the future of farming

'The Android of agriculture': Monarch Tractor CEO Praveen Penmetsa on the future of farming

We spent a lot of time here on Decoder talking about electric vehicles and the future of cars and we’re usually talking about passenger vehicles or maybe cargo vans. But there’s another huge industry that can also reap the benefits of electrified transportation: agriculture.  I co-hosted the Code Conference this week where I had the opportunity to hangout onstage with Monarch Tractor CEO Praveen Penmetsa. Honestly, this was one of my favorite conversations of the entire event.  We are utterly reliant on farming as a species, and farming is utterly reliant on tractors. If we don’t have tractors, we don’t have food. But electrifying farms is hard, and Praveen explained how he and Monarch are trying to tackle that challenge. The ambition is to compete in an open way with closed platforms like John Deere, and Praveen said his goal for the Monarch platform is to be the Android of agriculture.  Links:  Electric robot tractors powered by Nvidia AI chips are here John Deere turned tractors into computers — what’s next? John Deere commits to letting farmers repair their own tractors (kind of) Monarch Tractors to be manufactured by Foxconn Foxconn begins rolling first Monarch electric tractors off assembly lines in Lordstown A sneak peek into Monarch Tractor's vision-based AI technology CNH Industrial, Monarch Tractor agree electrification technologies deal Transcript: https://www.theverge.com/e/23659941 Credits: Decoder is a production of The Verge and is part of the Vox Media Podcast Network. Today’s episode was produced by Kate Cox and Nick Statt. It was edited by Callie Wright.  The Decoder music is by Breakmaster Cylinder. Our Editorial Director is Brooke Minters and our Executive Producer is Eleanor Donovan. Learn more about your ad choices. Visit podcastchoices.com/adchoices

30 Syys 202328min

AMD CEO Lisa Su on the AI revolution

AMD CEO Lisa Su on the AI revolution

Today, we’re bringing you something a little different. The Code Conference was this week, and we had a great time talking live onstage with all of our guests. We’ll be sharing a lot of these conversations here in the coming days, and the first one we’re sharing is my chat with Dr. Lisa Su, the CEO of AMD.  Lisa and I spoke for half an hour, and we covered an incredible number of topics, especially about AI and the chip supply chain. The balance of supply and demand is overall in a pretty good place right now, Lisa told us, with the notable exception of these high-end GPUs powering all of the large AI models that everyone’s running. The hottest GPU in the game is Nvidia’s H100 chip. But AMD is working to compete with a new chip Lisa told us about called the MI300 that should be as fast as the H100. You’ll also hear Lisa talk about what companies are doing to increase manufacturing capacity.  Finally, Lisa answered questions from the amazing Code audience and talked a lot about how much AMD is using AI inside the company right now. It’s more than you think, although Lisa did say AI is not going to be designing chips all by itself anytime soon.  Okay, Dr. Lisa Su, CEO of AMD. Here we go.  Transcript: https://www.theverge.com/e/23658688 Links:  AI startup Lamini bets future on AMD's Instinct GPUs Biden signs $280 billion CHIPS and Science Act Pat Gelsinger came back to turn Intel around — here’s how it’s going Huawei’s chip breakthrough poses new threat to Apple in China — and questions for Washington AMD expands AI product lineup with GPU-only Instinct MI300X Microsoft is reportedly helping AMD expand into AI chips US curbs AI chip exports from Nvidia and AMD to some Middle East countries Apple on the iPhone 15 Pro: 'It's Going to be the Best Game Console' Credits: Decoder is a production of The Verge, and part of the Vox Media Podcast Network. Today’s episode was produced by Kate Cox and Nick Statt and was edited by Callie Wright. The Decoder music is by Breakmaster Cylinder. Our Editorial Director is Brooke Minters and our Executive Producer is Eleanor Donovan.   Learn more about your ad choices. Visit podcastchoices.com/adchoices

29 Syys 202335min

X CEO Linda Yaccarino defends Elon Musk, and herself, at Code 2023

X CEO Linda Yaccarino defends Elon Musk, and herself, at Code 2023

Today, we have a special episode for you. The Code Conference wrapped up this week, and the finale included a rare interview from my Code co-host and CNBC correspondent Julia Boorstin with X CEO Linda Yaccarino. To say the sit-down with Elon Musk’s No. 2 was confrontational would be an understatement.  Yaccarino appeared both unprepared to answer tough questions and very combative, especially when asked about comments from former trust and safety head Yoel Roth, who’s become an outspoken critic of the direction of the company since Elon took over. Roth spoke onstage at Code with Kara Swisher just an hour before, where he warned Yaccarino of the risks of the job and spoke about the extreme harassment he’s faced since leaving the company.  Yaccarino also gave us some updated stats on X user metrics and claimed the company would turn a profit in 2024. And of course, there were some very terse exchanges concerning whether Elon really plans to start charging a subscription fee to use the platform, if he seriously plans to sue the Anti-Defamation League, and the company’s recent cuts to its election integrity team. It’s a jaw-dropping interview, and you really have to listen to the whole thing. Credits: Decoder is a production of The Verge and is part of the Vox Media Podcast Network. Today’s episode was produced by Kate Cox and Nick Statt. It was edited by Callie Wright.  The Decoder music is by Breakmaster Cylinder. Our Editorial Director is Brooke Minters and our Executive Producer is Eleanor Donovan. Learn more about your ad choices. Visit podcastchoices.com/adchoices

29 Syys 202342min

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