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

Jaksot(890)

How to buy a social network, with Tumblr CEO Matt Mullenweg

How to buy a social network, with Tumblr CEO Matt Mullenweg

We have to talk about Twitter, right? Elon Musk bought it. He’s making all these changes, and he’s realizing that content moderation decisions are quite complicated, especially when the stakes are high. But talking about Twitter in a vacuum seems wrong. There are lots of other social networks and community-based products, and they all have basically the same problems: some technical (you have to run the service), some political (you have to comply with various laws and platform regulations around the world), and some social (you have to get millions of users to post for free while making sure what they post is good stuff and not bad stuff). So, we’re doing something a little different this week. First, I’m talking to Matt Mullenweg, who is the CEO of Automattic, which owns WordPress, the blog hosting platform, and Tumblr, the social network, which he purchased from Verizon in 2019. Then, Verge deputy editor Alex Heath and I are going to break down a bunch of what Matt told me and apply it to Twitter to see what we can learn. Okay, Matt Mullenweg, CEO of Tumblr, followed by Alex Heath. Here we go. Links: How WordPress and Tumblr are keeping the internet weird GPL - General Public License Verizon is selling Tumblr to WordPress’ owner Kanye West suspended from Twitter after posting a swastika ‘Martin Scorsese’s lost film’ Goncharov (1973), explained Yahoo acquires Tumblr in $1.1 billion cash deal, promises 'not to screw it up' Verizon is selling Tumblr to WordPress’ owner Turnaround Definition Welcome to Tumblr. Now Go Away. Work With Us / Twitter – Automattic Tumblr will sell you two useless blue check marks for $8 Elon Musk is laying off even more Twitter workers Welcome to hell, Elon Why “Go Nuts, Show Nuts” Doesn't Work in 2022 How America turned against the First Amendment  About – SHOSHANA ZUBOFF A Framework for Moderation First Amendment - Freedom of Religion, Speech, Press, Assembly, and Petition | Constitution Center America’s Favorite Flimsy Pretext for Limiting Free Speech  Brandenburg v. Ohio Elon Musk says Tim Cook told him Apple ‘never considered’ removing Twitter - The Verge The Twitter Files - Matt Taibbi Elon Musk’s promised Twitter exposé on the Hunter Biden story is a flop that doxxed multiple people Twitter Blue is back, letting you buy a blue checkmark again Transcript: https://www.theverge.com/e/23270126 Credits: Decoder is a production of The Verge and part of the Vox Media Podcast Network. It was produced by Creighton DeSimone and Jackie McDermott and it was edited by Callie Wright.  The Decoder music is by Breakmaster Cylinder. Our Editorial Director is Brooke Minters and our Executive Director is Eleanor Donovan. Learn more about your ad choices. Visit podcastchoices.com/adchoices

13 Joulu 20221h 40min

Disney’s CEO drama explained, with Julia Alexander

Disney’s CEO drama explained, with Julia Alexander

Today, we need to talk about Bob. Two Bobs, actually: Bob Iger, the former and now current CEO of Disney, and Bob Chapek, the man Iger handpicked as his replacement, who flamed out and was fired by the board, and then, on November 20th, was replaced by Bob Iger. Bobs, man. The heart of this whole thing is total Decoder bait. It’s a story about how to structure a company like Disney. Then you add in the complexity of the shift to streaming, the future of TV and movies generally, and the gigantic reputation of a character like Bob Iger, who many people think could plausibly run for president. There’s just a lot going on here. Whenever I need to talk Disney, media, and Bobs, I call one person: Julia Alexander, director of strategy at Parrot Analytics and a former reporter at The Verge. Julia pays a lot of attention to the streaming giants, she’s sourced inside all the companies battling for our attention, and she has a lot to say about the Bobs. Links: Bob Iger steps back in as Disney CEO, replacing Bob Chapek  Reed Hastings on Twitter Disney+ launch lineup: Every movie and TV show available to stream on day one - The Verge Bob Iger steps down as Disney CEO, replaced by Bob Chapek - The Verge Disney streaming chief Kevin Mayer resigns to become TikTok CEO - The Verge Disney Plus surpasses 100 million subscribers - The Verge Meta announces huge job cuts affecting 11,000 employees - The Verge Netflix's $6.99 per month ad tier is now live Stranger Things - The Verge Disney’s major reorganization is good news for anyone who loves Disney Plus - The Verge Functional Structure: Advantages and Disadvantages | Indeed.com Pros and Cons of Implementing a Divisional Structure | Indeed.com Disney Proposal to Restructure, on McKinsey’s Advice, Triggered Uproar From Creative Executives - WSJ Disney Shows the Limits of Streaming - WSJ Disney Erases Almost All Its Pandemic Gains After Earnings Miss ‘Strange World’: Beautiful to look at, but not much below the surface - The Washington Post Watch The Future Of | Netflix Official Site Kevin Mayer quits as TikTok CEO due to ongoing political turmoil - The Verge Kevin Mayer Says His Firm Is In Deal Mode After Buying Reese Witherspoon's Hello Sunshine WarnerMedia CEO Jason Kilar announces exit as Discovery deal nears close - The Verge  Transcript: https://www.theverge.com/e/23259187 Credits: Decoder is a production of The Verge and part of the Vox Media Podcast Network. It was produced by Creighton DeSimone and Jackie McDermott and it was edited by Callie Wright. The Decoder music is by Breakmaster Cylinder. Our Editorial Director is Brooke Minters and our Executive Director is Eleanor Donovan. Learn more about your ad choices. Visit podcastchoices.com/adchoices

6 Joulu 20221h

How Bose compete with AirPods — and why it’s in more cars than ever, with CEO Lila Snyder

How Bose compete with AirPods — and why it’s in more cars than ever, with CEO Lila Snyder

Bose is one of the most recognizable audio brands in the world: it was famous for the Wave radio in the 80s, it invented noise cancellation, you can see its logo on NFL sidelines every Sunday, and of course there are the popular consumer products like the QuietComfort headphones that reviewers like Chris Welch here at The Verge rate as some of the best in the game. Bose is in tons of cars as well: audio systems in GM, Honda, Hyundai, Porsche, and more are developed and tuned by Bose. Bose was founded in 1964 by Dr. Amar Bose, who donated a majority of the shares of the company to MIT, where he was a professor. That means to this day, Bose is a private company with no pressure to go public. However, Bose still has to compete against big tech in talent, products, and compatibility. So today I’m talking to Bose CEO Lila Snyder about Bose’s dependence on platform vendors like Apple and Google, how she thinks about standards like Bluetooth, and where she thinks she can compete and win against AirPods and other products that get preferential treatment on phones. Links: Bose QuietComfort Earbuds II review: noise cancellation domination How Amar Bose used research to build better speakers List of Bose shelf stereos Hearing Aids | FDA Digital signal processor Functional organization Bose names its first female CEO as wait continues for new products Amar Bose ’51 makes stock donation to MIT Meta announces huge job cuts affecting 11,000 employees Amazon mass layoffs will reportedly ax 10,000 people this week Elon Musk demands Twitter employees commit to ‘extremely hardcore’ culture or leave The iPhone 7 has no headphone jack Bluetooth Special Interest Group Qualcomm Partners with Meta and Bose Bose gets into hearing aid business with new FDA-cleared SoundControl hearing aids Over-the-counter hearing aids could blur the line with headphones New Bose-Lexie Hearing Aid to Enter the Over-the-Counter Market Lexie Partners with Bose to Offer Lexie B1 Powered by Bose Hearing Aids Bose Frames Tempo review: the specs to beat Bose discontinues its niche Sport Open Earbuds BMW starts selling heated seat subscriptions for $18 a month Seven CEOs and one secretary of transportation on the future of cars Why Amazon VP Steve Boom just made the entire music catalog free with Prime                  Transcript: https://www.theverge.com/e/23246668  Credits: Decoder is a production of The Verge and part of the Vox Media Podcast Network. It was produced by Creighton DeSimone and Jackie McDermott and it was edited by Callie Wright.  The Decoder music is by Breakmaster Cylinder. Our Editorial Director is Brooke Minters and our Executive Director is Eleanor Donovan. Learn more about your ad choices. Visit podcastchoices.com/adchoices

29 Marras 20221h 16min

On with Kara Swisher: Can Chris Licht Turn CNN Around?

On with Kara Swisher: Can Chris Licht Turn CNN Around?

Chris Licht faces an uphill battle at CNN. He got the CEO gig in the midst of a prickly merger between Warner Bros. and Discovery and right after the shocking exit of beloved long-time boss, Jeff Zucker. In his first six months, he’s shut down CNN+, ousted Brian Stelter, and shuffled anchors around, including Don Lemon and Jake Tapper. This week, the network chief held an internal town hall meeting where he faced a staff of thousands and discussed upcoming layoffs. Shortly afterwards, he sat down with Kara — who grilled him, of course. She asks Licht whether he has any real actual power or if he’s simply executing orders from Warner Bros. Discovery CEO David Zaslav — who is in search of cuts, as the company stares down the barrel at $50 billion in debt — and billionaire board member, John Malone, who has said he’d like to see more “centrist” programming from CNN. They discuss Licht’s vision for the newsroom, his plan to build trust with journalists who fear losing jobs, and how CNN will cover Donald Trump during the 2024 election. Before the interview, Kara and Nayeema discuss the challenges facing journalism in an era of disinformation. Stay tuned for Kara’s closing rant on “citizen journalism” and Elon’s latest broadside against the press. You can find Kara and Nayeema on Twitter @karaswisher and @nayeema. Learn more about your ad choices. Visit podcastchoices.com/adchoices

22 Marras 20221h 4min

Phil Spencer really wants you to know that native Call of Duty will stay on PlayStation

Phil Spencer really wants you to know that native Call of Duty will stay on PlayStation

Phil Spencer, CEO of Microsoft Gaming, is in charge of Xbox and all the game studios that Microsoft has acquired over the years. Phil came to talk to us hours before the European Commission announced an in-depth investigation into Microsoft’s proposed 68.7 billion dollar acquisition of Activision Blizzard, which makes the enormous Call of Duty series, as well as Candy Crush on phones.  So I had the chance to ask Phil: Will he make the concessions that regulators want in order to close this deal? And is the deal really just about Call of Duty, or something else? Is Microsoft committed to keep Call of Duty available on Playstation? Phil’s a candid guy. He’s been on Decoder before. I always enjoy talking to him, and this was a fun one. Links: Microsoft’s Phil Spencer on the new Xbox launch - The Verge Microsoft to acquire Activision Blizzard for $68.7 billion - The Verge Why Microsoft bought Bethesda for $7.5 billion Microsoft announces big, multistudio push to create more Xbox exclusives Bethesda’s Starfield and Redfall have been delayed to 2023 Tech antitrust pioneer Lina Khan will officially lead the FTC Sony says Microsoft’s Call of Duty offer was ‘inadequate on many levels’ Microsoft: Xbox game streaming console is ‘years away' This is Microsoft’s Xbox game streaming device Google is shutting down Stadia in January 2023 - The Verge Razer’s Edge is one sharp-looking cloud gaming Android handheld Logitech G Cloud Gaming Handheld review: terminally online Steam Deck review: it’s not ready Steam Deck, one month later Tech Leaders Discuss the Metaverse’s Future | WSJ Tech Live 2022 Microsoft CEO Satya Nadella on the business of Windows Microsoft partners with Meta to bring Teams, Office, Windows, and Xbox to VR EU opens ‘in-depth investigation’ into Microsoft’s Activision Blizzard acquisition Transcript: https://www.theverge.com/e/23223230 Credits: Decoder is a production of The Verge and part of the Vox Media Podcast Network. It was produced by Creighton DeSimone and Jackie McDermott and it was edited by Callie Wright. The Decoder music is by Breakmaster Cylinder. Our Editorial Director is Brooke Minters and our Executive Director is Eleanor Donovan. Learn more about your ad choices. Visit podcastchoices.com/adchoices

15 Marras 20221h 3min

Why Figma is selling to Adobe for $20 billion, with CEO Dylan Field

Why Figma is selling to Adobe for $20 billion, with CEO Dylan Field

Dylan Field is the co-founder and CEO of Figma, which makes a very popular design tool that allows designers and their collaborators to all work together right in a web browser. You know how multiple people can edit together in Google Docs? Figma is that for design work. We just redesigned The Verge; we used Figma extensively throughout that process. So for years, people have been waiting on the inevitable Figma vs. Adobe standoff since Figma was such a clear upstart competitor to Photoshop and Illustrator and the rest. Well, buckle up because in September, Adobe announced that it was buying Figma for $20 billion. Figma is going to remain independent inside Adobe, but you know, it’s a little weird. So I wanted to talk to Dylan about the deal, why he’s doing it, how he made the decision to sell, and what things he can do as part of Adobe that he couldn’t do as an independent company. Dylan’s also a pretty expansive thinker, so after we talked about his company getting the “fuck you” money from Adobe, we talked about making VR Figma for the metaverse and AGI, which is artificial general intelligence, or the kind of AI that can fully think for itself. This episode takes a turn. I think you’re going to like it. Okay, Dylan Field, CEO of Figma. Here we go. Links: Welcome to the new Verge Adobe to acquire Figma in a deal worth $20 billion A New Collaboration with Adobe Designers worry Adobe won't let Figma flourish WebGL - Wikipedia How big companies kill ideas — and how to fight back, with Tony Fadell - Decoder Dylan Field on Twitter: "Our goal is to be Figma not Adobe" College Dropout Turns Thiel Fellowship Into a $2 Billion Figma Fortune Generative adversarial network (GAN) - Wikipedia       GPT-3 - Wikipedia Is VR the next frontier in fitness? - Decoder Artificial general intelligence - Wikipedia   Transcript: https://www.theverge.com/e/23209862 Credits: Decoder is a production of The Verge and part of the Vox Media Podcast Network. It was produced by Creighton DeSimone and Jackie McDermott and it was edited by Jackson Bierfeldt. The Decoder music is by Breakmaster Cylinder. Our Editorial Director is Brooke Minters and our Executive Director is Eleanor Donovan. Learn more about your ad choices. Visit podcastchoices.com/adchoices

8 Marras 20221h 7min

The mystery of Biden’s deadlocked FCC

The mystery of Biden’s deadlocked FCC

The Federal Communications Commission (FCC) is currently short a commissioner, and the Biden Administration and Senate Democrats just can't seem to get that seat filled despite having nominated an amazingly qualified person. Her name is Gigi Sohn. The inability to get Gigi confirmed at the FCC has left the commission deadlocked with two Democrats and two Republicans. That means the commission in charge of regulating all telecom in the United States, including how you get your internet service, is unable to get much done. The Biden administration can't accomplish some of its biggest policy priorities like rural broadband and restoring net neutrality. President Biden first nominated Gigi Sohn to the FCC over a year ago, but the full Senate vote to confirm her just hasn't happened. We’ve been digging into the story for a few months now, trying to figure out what's going on here, and we found a simple but really frustrating answer… Links: Gigi Sohn Author Profile - The Verge  Comcast trying to “torpedo” Biden FCC pick Gigi Sohn, advocacy group says The Slime Machine Targeting Dozens of Biden Nominees Attempted acquisition of Tribune Media by Sinclair Broadcast Group The Vergecast: Net neutrality was repealed a year ago. Gigi Sohn explains what’s happened since  Confirmation Hearing for FCC and Commerce Department Nominees Biden signs $280 billion CHIPS and Science Act  Biden Signs Bill to Help Veterans Exposed to Toxic Burn Pits With the Inflation Reduction Act, the US brings climate goals within reach  Federal Communications Commission v. Pacifica Foundation  Federal Communications Commission v. Pacifica Foundation  A Media Censor for the FCC?  Hyperpartisan Gigi Sohn Doesn’t Belong at the FCC Gigi Sohn and the Police Gigi Sohn Facebook Tweet Tech antitrust pioneer Lina Khan will officially lead the FTC Confirmation Hearing For FCC Nominee FCC Commissioner Jessica Rosenworcel on staying connected during a pandemic Transcript: https://www.theverge.com/e/23201559 Credits: Decoder is a production of The Verge and part of the Vox Media Podcast Network. Today’s episode was written and reported by Jackie McDermott. It was produced by Creighton DeSimone and Jackie McDermott and it was edited by Callie Wright. Additional mixing by Andrew Marino. The Decoder music is by Breakmaster Cylinder. Our Editorial Director is Brooke Minters and our Executive Director is Eleanor Donovan. Learn more about your ad choices. Visit podcastchoices.com/adchoices

3 Marras 202241min

Why Amazon VP Steve Boom just made the entire music catalog free with Prime

Why Amazon VP Steve Boom just made the entire music catalog free with Prime

I love covering the music industry, but over the past 10 years I’ve found that it’s one of the most challenging things to make accessible to a wide audience. See, my theory is that the music industry is like five years ahead of everything else when it comes to being disrupted by tech: whatever happens to the music industry because of technology eventually happens to everything else. Today I'm talking to Steve Boom, the VP of Amazon Music. Amazon just announced that they are upgrading the music service that Prime members get as part of their subscription. Starting today, one of the benefits for Amazon Prime members is that you now get access to the entire Amazon Music catalog, about 100 million songs, to play in shuffle mode. That service used to only contain 2 million songs. And they are removing ads from a large selection of podcasts including the entire Wondery catalog. I wanted to ask Steve: what’s it like to negotiate with the record labels for a service like this? What can streaming services do to make artists more money? And where do podcasts fit into the overall strategy? Amazon and Spotify both spend a lot of money buying podcast studios. Is it paying off? Links: Amazon buys Wondery, setting itself up to compete against Spotify for podcast domination Apple’s Anti-Competitive Behavior Hurts Everyone—Including Audiobook Listeners, Publishers, and Authors Why Rdio died Why it makes sense for Amazon to buy Twitch Amazon Launches Audio App Amp Combining Music and Live Conversation  The days of cheap music streaming may be numbered Why did Jack Dorsey’s Square buy Tidal, Jay-Z’s failed music service? Amazon Music rolls out a lossless streaming tier that Spotify and Apple can’t match How Amazon runs Alexa, with Dave Limp Apple’s new podcast charts show Amazon at the top Spotify gets serious about podcasts with two acquisitions  Vox Media acquires Cafe Studios, Preet Bharara’s podcast-first company Vox Media Acquires Criminal Productions, Leading Narrative Podcast Studio Time to Play Fair - Spotify Apple’s New App Store Rules a Big Boon for Netflix, Hulu & Co. MusiCares Transcript: https://www.theverge.com/e/23197384 Credits: Decoder is a production of The Verge, and part of the Vox Media Podcast Network. Today’s episode was produced by Creighton DeSimone and Jackie McDermott and it was edited by Callie Wright. The Decoder music is by Breakmaster Cylinder. Our Sr Audio Director is Andrew Marino and our Executive Producer is Eleanor Donovan.   Learn more about your ad choices. Visit podcastchoices.com/adchoices

1 Marras 20221h 7min

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