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

Episoder(891)

Recode Decode: Barry Friedman

Recode Decode: Barry Friedman

Barry Friedman, the director of The Policing Project at New York University's School of Law, talks with Recode's Kara Swisher about making police more accountable, the ethics of emerging technologies like AI and facial recognition, and the missing regulations that affect local communities in the US. Friedman also talks about his work with the company that created the Taser, Axon International — whose CEO Rick Smith will appear on Wednesday's episode of Recode Decode — and why there's not as much data about police work as one might assume. Read a full transcript of this interview here. Featuring: Barry Friedman (@barryfriedman1), director of The Policing Project (@policingproject) and author of Unwarranted: Policing Without Permission. Hosts: Kara Swisher (@karaswisher), Recode co-founder and editor-at-large More to explore: Subscribe for free to Reset, Recode's new podcast that explores why — and how — tech is changing everything. About Recode by Vox: Recode by Vox helps you understand how tech is changing the world — and changing us. Follow Us: Newsletter: Recode Daily Twitter: @Recode and @voxdotcom Learn more about your ad choices. Visit podcastchoices.com/adchoices

25 Nov 20191h

Recode Decode: Innovation in the midwest

Recode Decode: Innovation in the midwest

Recode's Kara Swisher and her executive producer Erica Anderson talk with a panel of entrepreneurs in Valparaiso, Indiana: Sarah Hallberg, the Medical Director of Virta Health; Eric Christopher, the co-founder and CEO of Zylo; and Robin Fleming, the CEO of Anvl. They discuss the positives and negatives of being tech entrepreneurs in an area not typically associated with the digital revolution, including hiring and retention, the impact of local success stories that went global such as ExactTarget, and the challenges of attracting venture capital funding. Plus: What changes would have the most positive impact on Indiana's entrepreneurial scene? Read a full transcript of this interview here. Featuring: Sarah Hallberg (@drsarahhallberg), Medical Director of Virta Health Eric Christopher, co-founder and CEO of Zylo (@getzylo) Robin Fleming, CEO of Anvl (@ANVLapp) Hosts: Kara Swisher (@karaswisher), Recode co-founder and editor-at-large Erica Anderson (@EricaAmerica), executive producer More to explore: Subscribe for free to Reset, Recode's new podcast that explores why — and how — tech is changing everything. About Recode by Vox: Recode by Vox helps you understand how tech is changing the world — and changing us. Follow Us: Newsletter: Recode Daily Twitter: @Recode and @voxdotcom Learn more about your ad choices. Visit podcastchoices.com/adchoices

22 Nov 20191h

Recode Decode: Jana Messerschmidt

Recode Decode: Jana Messerschmidt

Venture capitalist Jana Messerschmidt, talks with Recode's Kara Swisher about how she became a partner at Lightspeed and the co-founder of an all-female group of angel investors called #ANGELS. Messerschmidt previously worked at DivX, Netflix, and Twitter, and also discusses the early days of video streaming online and how Netflix timed the market perfectly. Plus: Why #ANGELS doesn't invest only in women, what made that collective different from traditional venture capital, and the urgent need to ensure that women have their fair share of equity in tech startups. Read a full transcript of this interview here. Featuring: Jana Messerschmidt (@janamal), partner, Lightspeed Venture Partners (@Lightspeedvp) and co-founder, #ANGELS (@hashtagangels) Hosts: Kara Swisher (@karaswisher), Recode co-founder and editor-at-large More to explore: Subscribe for free to Reset, Recode's new podcast that explores why — and how — tech is changing everything. About Recode by Vox: Recode by Vox helps you understand how tech is changing the world — and changing us. Follow Us: Newsletter: Recode Daily Twitter: @Recode and @voxdotcom Learn more about your ad choices. Visit podcastchoices.com/adchoices

20 Nov 201959min

Recode Decode: Susan Rice

Recode Decode: Susan Rice

Susan Rice, the former US ambassador to the United Nations and National Security Advisor under President Obama, talks with Recode's Kara Swisher about the "ass backwards" way President Trump has approached foreign policy and her new book, Tough Love: My Story of the Things Worth Fighting For. Rice explains the problem with isolationism and selfishness as policies, and says the current administration rolled back many of her achievements "out of spite," without a plan to replace them. She also discusses how Russia and other adversaries have wielded social media to sow division, why she will not abide the normalization of Trump's presidential tweets, and why the tech industry is "five minutes from midnight" with the US Congress. Read a full transcript of this interview here. Featuring: Susan Rice (@AmbassadorRice), former US ambassador to the United Nations and National Security Advisor; author of Tough Love: My Story of the Things Worth Fighting For Hosts: Kara Swisher (@karaswisher), Recode co-founder and editor-at-large More to explore: Subscribe for free to Reset, Recode's new podcast that explores why — and how — tech is changing everything. About Recode by Vox: Recode by Vox helps you understand how tech is changing the world — and changing us. Follow Us: Newsletter: Recode Daily Twitter: @Recode and @voxdotcom Learn more about your ad choices. Visit podcastchoices.com/adchoices

18 Nov 20191h 12min

Recode Decode: SEC Commissioner Robert Jackson

Recode Decode: SEC Commissioner Robert Jackson

Robert Jackson, one of the five commissioners on the Securities and Exchange Commission, talks with Recode's Kara Swisher about how the SEC works and the problem with perpetual dual-class stock at companies like WeWork, Facebook, and Google. Jackson also explains why he opposes two proposed rule changes that would make it harder for activists to challenge a CEO's power, why the NYSE and Nasdaq are not willing to be part of the solution, and how new legislation could fix the dual class dilemma. Plus: Why Jackson is not happy that the SEC settled with Tesla CEO Elon Musk. Read a full transcript of this interview here. Featuring: Robert Jackson, commissioner, US Securities and Exchange Commission Hosts: Kara Swisher (@karaswisher), Recode co-founder and editor-at-large More to explore: Subscribe for free to Reset, Recode's new podcast that explores why — and how — tech is changing everything. About Recode by Vox: Recode by Vox helps you understand how tech is changing the world — and changing us. Follow Us: Newsletter: Recode Daily Twitter: @Recode and @voxdotcom Learn more about your ad choices. Visit podcastchoices.com/adchoices

15 Nov 201954min

Recode Decode: Alexis Ohanian

Recode Decode: Alexis Ohanian

Reddit co-founder and Initialized Capital managing partner Alexis Ohanian talks with Recode's Kara Swisher about how he became a "dadvocate" for paid paternity leave. Ohanian explains how the medical complications faced by his wife, tennis star Serena Williams, woke him up to the problem, and how time off for fathers can help mothers, as well as female coworkers. He also discusses the problem with how working men glorify their self-destructive schedules online, which he calls "hustle porn"; why he's investing in family tech companies like Mom Project at Initialized, and how the startup scene has changed since his days as a founder; and the decline of San Francisco as a desirable place for entrepreneurs to start their next companies. Plus: What Ohanian thinks of Twitter's decision to stop accepting political advertising, and how afraid we should be of deepfakes. Read a full transcript of this interview here. Featuring: Alexis Ohanian (@alexisohanian), Reddit co-founder and Initialized Capital managing partner Hosts: Kara Swisher (@karaswisher), Recode co-founder and editor-at-large More to explore: Subscribe for free to Reset, Recode's new podcast that explores why — and how — tech is changing everything. About Recode by Vox: Recode by Vox helps you understand how tech is changing the world — and changing us. Follow Us: Newsletter: Recode Daily Twitter: @Recode and @voxdotcom Learn more about your ad choices. Visit podcastchoices.com/adchoices

13 Nov 20191h 3min

Recode Decode: Ted Baxter

Recode Decode: Ted Baxter

Writer and health advocate Ted Baxter talks with Recode's Kara Swisher about his book, Relentless: How a Massive Stroke Changed My Life for the Better. Baxter, a former managing director at the hedge fund Citadel, had the stroke when he was only 41, and recounts how doctors initially misdiagnosed his symptoms; he also discusses the recovery process, which accelerated after he accepted that he couldn't return to his investing job, and shares advice for people who have recently experienced a stroke or other life-changing event themselves. Read a full transcript of this interview here. Featuring: Ted Baxter (@TedWBaxter), health advocate and author of Relentless: How a Massive Stroke Changed My Life for the Better Hosts: Kara Swisher (@karaswisher), Recode co-founder and editor-at-large More to explore: Subscribe for free to Reset, Recode's new podcast that explores why — and how — tech is changing everything. About Recode by Vox: Recode by Vox helps you understand how tech is changing the world — and changing us. Follow Us: Newsletter: Recode Daily Twitter: @Recode and @voxdotcom Learn more about your ad choices. Visit podcastchoices.com/adchoices

11 Nov 201945min

Recode Decode: Brian Chesky

Recode Decode: Brian Chesky

Airbnb CEO and co-founder Brian Chesky talks with Recode's Kara Swisher about the recent mass shooting at an Airbnb in Orinda, Calif., how the company is changing its policies to keep guests safer, and what Chesky wishes he had done differently when Airbnb was smaller. They also discuss Airbnb's first brush with notoriety in 2011 and how Chesky "bungled" his response at the time, the importance of meeting with people who hate you, and why Silicon Valley execs should confront the human cost of their products. Plus: The time Chesky had to sleep with a parrot, and the Airbnb with a friendly ghost named Stanley. Read a full transcript of this interview here. Featuring: Brian Chesky (@bchesky), CEO and co-founder of Airbnb Hosts: Kara Swisher (@karaswisher), Recode co-founder and editor-at-large More to explore: Subscribe for free to Reset, Recode's new podcast that explores why — and how — tech is changing everything. About Recode by Vox: Recode by Vox helps you understand how tech is changing the world — and changing us. Follow Us: Newsletter: Recode Daily Twitter: @Recode and @voxdotcom Learn more about your ad choices. Visit podcastchoices.com/adchoices

8 Nov 20191h 9min

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