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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Recode Decode: Kim Malone Scott, author, ‘Radical Candor’

Recode Decode: Kim Malone Scott, author, ‘Radical Candor’

"Radical Candor" author and CEO coach Kim Malone Scott talks with Recode's Kara Swisher about how to be a better manager and leader. Based on her personal experiences at Apple, Google and several tech startups, Scott argues that most management failings come from bosses who are too nice rather than too mean, especially when they're talking to someone who looks different than them. She also discusses the current management crisis at Uber, which she attributes to a culture of "unchecked unilateral authority" that would be more at home in a "baboon troupe or totalitarian regime." Learn more about your ad choices. Visit podcastchoices.com/adchoices

3 Huhti 20171h 17min

Recode Decode: Daniel Lurie, CEO, Tipping Point Community

Recode Decode: Daniel Lurie, CEO, Tipping Point Community

Tipping Point Community CEO Daniel Lurie talks with Recode's Kara Swisher about his organization's efforts to fight homelessness in San Francisco. He says it's all too easy to "not see" the incredible poverty and inequality in the Bay Area if you commute into Silicon Valley every day, which means people in tech must be educated about the problem if they're going to be part of the solution. Lurie calls on techies of means, the beneficiaries of "this incredible moment in time," to get involved in philanthropy. He argues that civic involvement won't last if it's mandated from the outside, and that companies must see it as a cultural priority, with the energy to help coming from the top of the org chart. Learn more about your ad choices. Visit podcastchoices.com/adchoices

27 Maalis 201754min

Recode Decode: How HBO's 'Veep' is reacting to Trump (Live at SXSW)

Recode Decode: How HBO's 'Veep' is reacting to Trump (Live at SXSW)

"Veep" actors Tim Simons and Matt Walsh and showrunner David Mandel talk with Recode's Kara Swisher about the upcoming sixth season of the HBO political satire. Speaking in front of a live audience at South by Southwest, they recount how they found out on set that Donald Trump had won the presidency, and why it's not their job to respond to the new administration directly. Instead, they say, "Veep" will continue mocking the hypocrisy at all levels of politics and on both sides of the aisle, showing what happens to Julia Louis-Dreyfus's character, Selina Meyer, after she loses the presidency and is a private citizen once again. The trio also talks about the addictiveness of Twitter, whether "Veep" would work in virtual reality, and why everyone in D.C. is oblivious when they get parodied. Learn more about your ad choices. Visit podcastchoices.com/adchoices

20 Maalis 20171h 10min

Recode Decode: Crooked Media founders: We're podcasting the Trump resistance (Live at SXSW)

Recode Decode: Crooked Media founders: We're podcasting the Trump resistance (Live at SXSW)

Crooked Media Founders Jon Favreau, Tommy Vietor and Jon Lovett talk with Recode's Kara Swisher about their hit podcast, "Pod Save America," in a live interview at South by Southwest 2017. Having previously worked as speechwriters and spokespersons for the Obama administration, the trio discusses what Democrats missed during the 2016 election and how the new "opposition party" to Donald Trump can best focus its resistance. They explain how they run their "progressive media company," which cares more about impact than income, and why they're not excited by the prospect of a presidential run from Facebook CEO Mark Zuckerberg. Learn more about your ad choices. Visit podcastchoices.com/adchoices

15 Maalis 20171h 6min

Recode Decode: Quincy Smith, partner, Code Advisors

Recode Decode: Quincy Smith, partner, Code Advisors

Code Advisors Partner Quincy Smith talks with Recode's Kara Swisher about the current state of mergers and acquisitions in tech and media. Smith, who previously worked at Netscape and CBS Interactive, says media companies consolidate in tough times, and a massive game of "sharks and minnows" has begun with AT&T's pending $85 billion deal to buy Time Warner. However, in a similar business climate, tech companies focus on their own products, and Smith argues that the rise of artificial intelligence is delaying or obviating the prospect of big new deals among internet and social media companies. Learn more about your ad choices. Visit podcastchoices.com/adchoices

13 Maalis 201754min

Recode Decode: Ron Johnson, CEO, Enjoy

Recode Decode: Ron Johnson, CEO, Enjoy

Enjoy CEO Ron Johnson talks with Recode's Kara Swisher about his long career in commerce, including 15 years at Target, and his 12 years at Apple, where he created the Apple Store. Johnson's current company Enjoy hand-delivers premium tech products and helps users with set-up to improve customer satisfaction. He argues that big retailers like Walmart need to innovate on the in-store experience and copy Amazon's approach to customer happiness and loyalty. Johnson also talks about working with longtime Apple CEO Steve Jobs, who initially hated the idea of the Genius Bar. Learn more about your ad choices. Visit podcastchoices.com/adchoices

6 Maalis 20171h 7min

Recode Decode: Brewster Kahle, chairman, The Internet Archive

Recode Decode: Brewster Kahle, chairman, The Internet Archive

Entrepreneur and archivist Brewster Kahle talks with Recode's Kara Swisher about the 20th anniversary of the Internet Archive and why it's more important than ever to preserve our digital past. Kahle talks about the companies he founded and sold to AOL and Amazon — WAIS and Alexa, respectively — and how the nonprofit Archive has dealt with everything from copyright issues to social networking websites that are walling themselves off from the rest of the web. He also predicts where artificial intelligence goes from here, saying today's corporations and militaries are a sort of "proto-AI." Learn more about your ad choices. Visit podcastchoices.com/adchoices

1 Maalis 201753min

Recode Decode: Sue Decker, Raftr founder, and Michael Dearing, investor

Recode Decode: Sue Decker, Raftr founder, and Michael Dearing, investor

Former Yahoo president Sue Decker and investor Michael Dearing talk with Recode's Kara Swisher about Raftr, Decker's recently launched social platform for sane, civil discussions about topics ranging from sports to "Game of Thrones" to President Trump. Decker says the success of sites like Slack and Nextdoor has demonstrated that Facebook and Twitter are not the end-all be-all of social media and says Raftr will give people the opportunity to find new like-minded friends. Later in the show, the two talk about the journalistic responsibilities of tech companies in a world of "fake news." Dearing, the founder of venture capital firm Harrison Metal, says big platforms like Facebook can do the most good by shining a "flashlight" on hoaxers, rather than trying to write rules that disallow it. Learn more about your ad choices. Visit podcastchoices.com/adchoices

27 Helmi 201744min

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