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: Chris Urmson, CEO, Aurora

Recode Decode: Chris Urmson, CEO, Aurora

Chris Urmson, the CEO of Aurora and former CTO of self-driving cars at Google, talks with Recode's Kara Swisher about when autonomous vehicles will replace human-driven ones. Urmson, who started working on the technology at Carnegie Mellon University in the mid-2000s, predicts we'll see fleets of self-driving cars on some roads within five years, but that they won't completely take over for at least 30 years. He talks about the remaining challenges to making these vehicles completely safe — including the danger of their operators becoming complacent about the technology — and how their arrival will impact everything from government to public transportation to fast-food jobs. Learn more about your ad choices. Visit podcastchoices.com/adchoices

4 Sep 20171h 5min

Recode Decode: Chamath Palihapitiya, CEO, Social Capital

Recode Decode: Chamath Palihapitiya, CEO, Social Capital

Social Capital CEO Chamath Palihapitiya talks with Recode's Kara Swisher about the future of capitalism and investing, which he says will look less and less like traditional venture capital, as firms like his embed themselves at a deep operational level in their companies. Palihapitiya also discusses why investors delude themselves into believing their own bravado, what he thinks of James Damore's Google memo and why Silicon Valley needs to deal with more than just the "low-hanging fruit" of sexual harassment. He evaluates the biggest tech companies of today — including Twitter, Amazon and Facebook — and predicts that the new CEO of Uber will have one of the most important jobs in the country.  Learn more about your ad choices. Visit podcastchoices.com/adchoices

28 Aug 20171h 16min

Recode Decode: The future of tech jobs in coal country

Recode Decode: The future of tech jobs in coal country

Recode’s Kara Swisher heads to Louisville, Ky., to talk about the future of work with a panel of local-minded techies: Interapt CEO Ankur Gopal, Code Louisville founder Rider Rodriguez, TechHire Eastern Kentucky student Crystal Adkins and Tech Jobs Tour CEO Leanne Pittsford. They talk about what inspired them to become entrepreneurial, and why existing tech companies and investors should be looking to historically less-techie places like Kentucky for workers and founders. Gopal emphasizes that people in the area are not looking for a handout, just looking for work, and Adkins explains why hiring for a coding job shouldn’t require a bachelor’s degree. Later in the show, the panel discusses what needs to happen to help entrepreneurial people across the country find their next move. Learn more about your ad choices. Visit podcastchoices.com/adchoices

21 Aug 20171h 6min

Recode Decode: Taggart Matthiesen, director of product, Lyft

Recode Decode: Taggart Matthiesen, director of product, Lyft

Lyft Director of Product Taggart Matthiesen talks with Recode’s Johana Bhuiyan about the ride-hailing company’s push into self-driving cars. Matthiesen predicts that Lyft will slowly evolve into a hybrid transportation service, with users summoning rides as they do today and getting paired with either a human driver or an autonomous vehicle — whatever is faster. Lyft’s cars may never be 100 percent autonomous, he notes, and today’s drivers may become a sort of concierge, providing new experiences to riders while the car does the navigation. Matthiesen also talks about how the #DeleteUber campaign earlier this year helped Lyft and why the company can’t get complacent about its product. Learn more about your ad choices. Visit podcastchoices.com/adchoices

14 Aug 201759min

Recode Decode: Chris Kuenne and John Danner, authors, 'Built for Growth'

Recode Decode: Chris Kuenne and John Danner, authors, 'Built for Growth'

Chris Kuenne and John Danner talk with Recode's Kara Swisher about their new book, "Built for Growth: How Builder Personality Shapes Your Business, Your Team, and Your Ability to Win." Kuenne and Danner argue that, contrary to the conventional wisdom about business founders, winning entrepreneurs can come from many personality types, and those personalities shape the sort of company they build. They also talk about why Silicon Valley worships singular figures like Steve Jobs and Elon Musk above others and how to create more entrepreneurs among the "millions" of capable men and women across America. Learn more about your ad choices. Visit podcastchoices.com/adchoices

7 Aug 201755min

Recode Decode: Erica Baker, director of engineering, Kickstarter; Sarah Kunst, CEO, ProDay

Recode Decode: Erica Baker, director of engineering, Kickstarter; Sarah Kunst, CEO, ProDay

Diversity advocate and Kickstarter director Erica Baker and ProDay CEO Sarah Kunst talk with Recode's Kara Swisher about the conditions that led so many venture capitalists to abuse their power over female tech founders. Kunst, who was sexually harassed by 500 Startups founder Dave McClure, says the time has come to "turn the lights on full blast" and expose bad actors rather than tiptoeing around the problem. Baker, who gained a reputation as a "troublemaker" from her efforts to make Google salaries more transparent, theorizes that harassment and exclusion have run rampant because of the cult of specialness around coding ability, and calls out tech companies that are not holding themselves accountable. Kunst also explains what's wrong with Reid Hoffman's decency pledge and why former Uber engineer Susan Fowler was the "perfect victim." Learn more about your ad choices. Visit podcastchoices.com/adchoices

31 Jul 20171h 15min

Recode Decode: Frances Frei, SVP of leadership and strategy, Uber

Recode Decode: Frances Frei, SVP of leadership and strategy, Uber

Live onstage: Uber SVP Frances Frei talks with Recode’s Kara Swisher about the future of the beleaguered ride-hailing company. Frei came to Uber from Harvard Business School, where she studied leadership and diversity, and says the company's problems are neither unusual nor unfixable. Uber's employees want to do the right thing, she explains, but have been historically let down by management and not given an outlet to call out bad behavior. Frei also talks about why she rejects Uber board member Arianna Huffington's concept of "zero tolerance," why ex-CEO Travis Kalanick can be redeemed and how to fix the broader epidemic of sexual harassment in Silicon Valley. Learn more about your ad choices. Visit podcastchoices.com/adchoices

26 Jul 20171h 30min

Recode Decode: Cory Booker, U.S. Senator

Recode Decode: Cory Booker, U.S. Senator

New Jersey Senator Cory Booker talks with Recode’s Tony Romm about the current state of politics under President Trump and how he thinks the U.S. government should respond to the tech sector. Booker says he’s eager to see Trump gone, but that Democrats can’t solely define themselves as the “resistance” and shouldn’t sink to his level of online vitriol. He argues that Congress should take a skeptical look at the consolidation of companies like Amazon and Whole Foods, and not accept at face value that tech’s role should be “to create a handful of billionaires”; instead, Booker says, protecting consumers and broadening America’s access to science and technology should be the top priorities. Learn more about your ad choices. Visit podcastchoices.com/adchoices

24 Jul 20171h 8min

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