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(889)

Recode Decode: Daniel Gross, partner, Y Combinator

Recode Decode: Daniel Gross, partner, Y Combinator

Y Combinator Partner Daniel Gross talks with Recode's Kara Swisher and The Verge's Casey Newton about why he returned to the startup incubator that gave him his start in Silicon Valley. Gross co-founded the personal search engine Cue, which Apple bought in 2013 for a reported $35 million and integrated into iOS. Hailing from Jerusalem, Israel originally, he says YC is vitally important for bringing new outsider voices into the highly-networked tech industry and explains why it's important to remind those founders that success is a gradual, humbling process. Gross also talks about the promise of continued investment in artificial intelligence, why it's not a bad thing that "AI" has become a buzzword and what worries him about the algorithms on platforms like YouTube and Facebook. Learn more about your ad choices. Visit podcastchoices.com/adchoices

6 Des 20171h 7min

Recode Decode: Leslie Berlin, historian, Stanford University

Recode Decode: Leslie Berlin, historian, Stanford University

Leslie Berlin, the historian who oversees Stanford University's Silicon Valley Archives, talks with Recode's Kara Swisher about her new book, "Troublemakers: How a Generation of Silicon Valley Upstarts Invented the Future." The book traces the rise of seven men and women who were pioneers of the tech industry in the 1970s and early 1980s, including ASK Group founder Sandy Kurtzig, Pong designer Al Alcorn and Apple's "adult supervision," Mike Markkula. Berlin says learning about their importance to the history of the tech industry is "like watching the Big Bang." She also talks about the challenges of preserving tech's history when some crucial documents may be stored in obsolete file formats; why the tech boom happened in Silicon Valley, and not some other part of the country; and why the risk of America's immigration laws becoming more restrictive is a great danger to the industry. Learn more about your ad choices. Visit podcastchoices.com/adchoices

4 Des 201759min

Recode Decode: Margrethe Vestager

Recode Decode: Margrethe Vestager

Margrethe Vestager, Europe's commissioner for competition, talks with Recode's Kara Swisher in front of a live audience at Web Summit 2017 in Lisbon, Portugal. Vestager explains how the E.U. is trying to make tech companies more transparent and accountable for their dealings and why a "free" market needs government intervention to function. She says the algorithms that control what content gets surfaced on social media may "have to go to law school" before we can trust them again, and that Facebook or Snapchat's priorities cannot be allowed to supersede democracy's. Learn more about your ad choices. Visit podcastchoices.com/adchoices

29 Nov 201718min

Recode Decode: How Reid Hoffman would fix social media (Live)

Recode Decode: How Reid Hoffman would fix social media (Live)

Reid Hoffman, the co-founder of LinkedIn and a general partner at Greylock Partners, talks with Recode's Kara Swisher in front of a live audience at the Anti-Defamation League conference "Never Is Now" in San Francisco. Hoffman says the people who work at social media giants like Facebook and Twitter want to do the right thing when it comes to abuse or political attacks on their platforms, but they often move too slowly. He proposes that these companies should regularly report how they're trying to encourage "compassion, interaction [and] mutual understanding." Plus: How Reddit CEO Steve Huffman convinced him anonymity could be good and why VR might help create empathy in a corporate context. Learn more about your ad choices. Visit podcastchoices.com/adchoices

27 Nov 201742min

Recode Decode: Greta Van Susteren is not giving up on social media

Recode Decode: Greta Van Susteren is not giving up on social media

Former cable news anchor Greta Van Susteren talks with Recode's Kara Swisher and SKDK's Hilary Rosen about her new book, "Everything You Need to Know about Social Media (Without Having to Call a Kid)." Van Susteren spent long stints hosting shows at CNN and Fox News and says she still doesn't know why her last TV employer, MSNBC, fired her after six months. In addition to the new book, she’s now an internet entrepreneur: Her first product is Sorry, an app for apologies. Van Susteren talks about all of that change, as well as what Silicon Valley companies should do about Russia's election meddling; why Donald Trump retweeted her recently and why that's not as big a deal as people think; and why, despite all the trolling and other nastiness, "social media is here to stay." Learn more about your ad choices. Visit podcastchoices.com/adchoices

22 Nov 201759min

Recode Decode: magazine mogul Tina Brown

Recode Decode: magazine mogul Tina Brown

Tina Brown — the former editor of Vanity Fair, the New Yorker, the Daily Beast and more — talks with Recode's Kara Swisher about her new book, "The Vanity Fair Diaries: 1983 - 1992." In the book, she looks back on the tell-all diary she kept at the time, dishing on the 1980s New York social scene, managing a print magazine in the medium's heyday and dealing with media bigwigs like Conde Nast's S.I. Newhouse, Jr. Brown says she saw Vanity Fair as a big circus, while the New Yorker was a "sleeping beauty" that had to be awoken, although she may be proudest of her lesser-known (and short-lived) work on Talk magazine. She also talks about working with Talk's financier, Harvey Weinstein; how she founded the digital-first Daily Beast and why she left; and why Facebook and Google should fund the future of local journalism. Learn more about your ad choices. Visit podcastchoices.com/adchoices

20 Nov 20171h 13min

Recode Decode: Stacey Abrams, candidate for governor, Georgia

Recode Decode: Stacey Abrams, candidate for governor, Georgia

Stacey Abrams, a candidate running for governor of Georgia and former minority leader of its general assembly, talks with Recode's Kara Swisher and SKDK's Hilary Rosen about the early stages of the campaign. Abrams explains why everyone needs to be talking a lot more about the automation of jobs, why she's wary of blank-check tax incentives written for tech companies and why Democrats learned the wrong lessons about the internet from Barack Obama's campaign in 2008. She also discusses how she is using technology and how she contends with some voters' reductive tendency to only think of her as "the black candidate." Learn more about your ad choices. Visit podcastchoices.com/adchoices

15 Nov 20171h 4min

Recode Decode: Jonathan Greenblatt, CEO, Anti-Defamation League

Recode Decode: Jonathan Greenblatt, CEO, Anti-Defamation League

Jonathan Greenblatt, the CEO of the Anti-Defamation League, talks with Recode’s Kara Swisher about how the century-old nonprofit is evolving to fight antisemitism and other forms of extremism in the digital age. Greenblatt explains how online platforms have helped white supremacists inject their beliefs into the mainstream conversation and why companies like Twitter, Facebook and Google have so far failed to stop them. He says the ADL is now working directly with engineers at those organizations to confront the problem, and praises the potential of emerging tech like artificial intelligence and virtual reality for making social media — and society — saner. Greenblatt also discusses the right way for journalists to report on extremists like Richard Spencer and how Silicon Valley could make a big difference by having a “bias for good.” Learn more about your ad choices. Visit podcastchoices.com/adchoices

13 Nov 20171h 3min

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