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: Michele Madansky

Recode Decode: Michele Madansky

Media market research consultant Michele Madansky talks with Recode's Kara Swisher about The Elephant in the Valley, her study into the prevalence of harassment in tech that was first conducted in 2016 and recently updated with new statistics. In this episode: Madansky's background; the first edition of Elephant in the Valley and its aftermath; how does harassment in tech compare to other industries?; is harassment still the elephant in the room?; what's worse since 2016, what's the same, and what's better?; why Madansky is optimistic; Gen Z and growing acceptance of women as breadwinners; how to change the numbers; is Madansky worried about #MeToo fatigue?; and her advice for the tech companies she advises. Learn more about your ad choices. Visit podcastchoices.com/adchoices

5 Juni 201947min

Recode Decode: Girls Who Code CEO Reshma Saujani

Recode Decode: Girls Who Code CEO Reshma Saujani

Girls Who Code CEO Reshma Saujani talks with Recode's Kara Swisher about the challenges facing women in the tech industry and what everyone can do to make progress happen faster. In this episode: The 60 Minutes problem; what Girls Who Code does; how it compares to other diversity-in-coding groups; how much progress have we made so far?; the link between perfectionism and "fitting in"; the lousy excuses for homogeneous hiring; how Google and Microsoft could become the new Goldman Sachs; sexual harassment and the impact of #MeToo; bringing new investors into the ecosystem; what parents should tell their daughters; and where are the role models? Learn more about your ad choices. Visit podcastchoices.com/adchoices

3 Juni 201944min

Recode Decode: Susan Hockfield

Recode Decode: Susan Hockfield

Former MIT president Susan Hockfield talks with Recode's Kara Swisher about her new book, The Age of Living Machines: How Biology Will Build the Next Technology Revolution. In this episode: How Hockfield got to MIT; how the school creates innovation; how Route 128 lost the digital revolution to the west coast; Boston's new "regional advantage," sustainable energy; the convergence of biology and engineering; why Hockfield wrote "The Age of Living Machines"; "living machines" that can help us prevent diseases and detect cancer; the challenge of clean water; how some viruses can become rechargeable batteries; how to direct investment and political attention toward these technologies; urging technology forward during times of relative peace; what China and other countries learned from the United States’ post-WWII tech boom; and why the decline of trust in scientific expertise "terrifies" her. Learn more about your ad choices. Visit podcastchoices.com/adchoices

31 Maj 201956min

Recode Decode: Investors Mark Cuban and Steve Case and talent agent Scooter Braun (Live)

Recode Decode: Investors Mark Cuban and Steve Case and talent agent Scooter Braun (Live)

In these live interviews recorded at the 2019 SALT Conference in Las Vegas, Recode's Kara Swisher talks to investors Mark Cuban and Steve Case about the future of entrepreneurship and talent agent Scooter Braun about how tech is changing the entertainment business. In the Cuban/Case interview: The "third wave" of the internet and Case's "rise of the rest" theory; the state of entrepreneurship outside Silicon Valley; are startups really in decline?; how to properly train the next generation of startup founders; why Cuban believes everyone working at a startup should receive equity; how to make tech more diverse; and how does techlash change investing? And then, in the Braun interview: The impact of social media on Braun's work and the life of a touring musician; getting arrested on behalf of Justin Bieber; why sometimes, your gut should trump the data; playing power politics with Apple and Spotify; how Braun almost bought 10 percent of Facebook; and his investments in Uber, Lyft, and other tech companies. Learn more about your ad choices. Visit podcastchoices.com/adchoices

29 Maj 20191h 6min

Recode Decode: DuckDuckGo CEO Gabe Weinberg

Recode Decode: DuckDuckGo CEO Gabe Weinberg

DuckDuckGo CEO Gabe Weinberg talks with Recode’s Kara Swisher in this live conversation recorded at Made By We in New York City. In this episode: What DuckDuckGo does; why Weinberg started the company; contextual advertising; Section 230 of the Communications Decency Act; are people actually mad about privacy violations?; Weinberg’s proposal for national privacy legislation; competing against Google and the “filter bubble”; data interoperability and what good policies would look like; what can consumers do to protect themselves?; security and facial recognition; the small number of people making decisions for the whole world; should Americans have the right to be forgotten?; and can there be a DuckDuckGo for YouTube? Learn more about your ad choices. Visit podcastchoices.com/adchoices

27 Maj 201956min

Recode Decode: Facebook’s former security boss Alex Stamos and Twitter co-founder Ev Williams (Live)

Recode Decode: Facebook’s former security boss Alex Stamos and Twitter co-founder Ev Williams (Live)

Alex Stamos, the former Chief Security Officer at Facebook, and Ev Williams, the co-founder of Twitter and CEO of Medium, talk with Recode's Kara Swisher in these live interviews from the 2019 Collision conference in Toronto, Canada. In the Stamos interview: Is Facebook misunderstood?; Stamos’ proposed solutions; legitimate candidates vs. the Russians; how to protect ourselves from all election attackers; the weaponization of Facebook’s products; America’s reluctance to regulate; breaking up Facebook and Google; why big companies need to stop rewarding employees with stock; Stamos’ recommendations for Mark Zuckerberg; and is Facebook actually committed to change? And in the Williams interview: Why he left the board of Twitter; where social media is right now; why his venture firm Obvious Ventures doesn’t invest in social; its investment in Beyond Meat; Williams’ theories of venture investing; the lack of diversity in what companies get venture funding; how techlash has changed Silicon Valley; the many iterations of Medium; would Williams buy established media companies?; and is he worried about the media? Learn more about your ad choices. Visit podcastchoices.com/adchoices

24 Maj 201947min

Recode Decode: Anand Giridharadas

Recode Decode: Anand Giridharadas

Winners Take All author Anand Giridharadas talks with Recode’s Kara Swisher in this live conversation recorded at Made By We in New York City.  In this episode: Why Giridharadas wrote the book; the Sackler family; why “giving back is a wingman of taking ruthlessly”; Mark Zuckerberg’s false image and outsized influence; Andrew Carnegie and the history of billionaire philanthropy; what should the ultra-rich do instead?; what should the government do?; the backlash to Jeff Bezos; Marc Benioff and San Francisco; the 2020 Democrats and "the primary about everything”; Bill McGlashan and the college admissions scandal; the “rise of the rest”; what about Constitutional amendments?; and why Giridharadas is grateful for Donald Trump.  Learn more about your ad choices. Visit podcastchoices.com/adchoices

22 Maj 201956min

Recode Decode: Ripple CEO Brad Garlinghouse

Recode Decode: Ripple CEO Brad Garlinghouse

Ripple CEO Brad Garlinghouse talks with Recode's Kara Swisher about bringing legitimate financial institutions into the formerly-sketchy world of blockchain and cryptocurrencies. In this episode: Garlinghouse's background at Excite@Home, Dialpad, and Yahoo; the "peanut butter manifesto" memo he wrote at Yahoo; moving on to Silver Lake Partners, AOL, and then becoming CEO of Hightail; being recruited to Ripple; the appeal of blockchain and cryptocurrency; working with the banks, not against them; the coming revolution in cross-border transactions; why bitcoin speculators were actually "forward progress"; will there be one cryptocurrency to rule them all?; the "unbanked" people of the world; potential problems facing cryptocurrency; convincing regulators and established banks; why should a big bank like Citi work with Ripple?; who will disrupt the incumbents?; the actual uses of crypto for consumers; and Facebook and tech's responsibility. Learn more about your ad choices. Visit podcastchoices.com/adchoices

20 Maj 201958min

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