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: Margrethe Vestager, European Commissioner for Competition (Live at SXSW 2019)

Recode Decode: Margrethe Vestager, European Commissioner for Competition (Live at SXSW 2019)

European Commissioner for Competition Margrethe Vestager talks with Recode's Kara Swisher in front of a live audience at South by Southwest 2019. In this episode: America's newfound appetite for tech regulation; why Vestager doesn't agree with Elizabeth Warren's "break them up" pitch; how Vestager assesses her tenure; why Big Tech is like pesticides; does GDPR favor larger companies?; the big problem with smart home devices; Mark Zuckerberg's pledge to pivot Facebook toward privacy; what Vestager will do after her current term ends; ethics in AI; why has there not been a tech giant out of Europe; what the next commissioner for competition should focus on; countering the forces of populism and nationalism; and the shifting priorities of antitrust. Learn more about your ad choices. Visit podcastchoices.com/adchoices

18 Mars 20191h 2min

Recode Decode: Senator Amy Klobuchar

Recode Decode: Senator Amy Klobuchar

Amy Klobuchar, the senior U.S. Senator from Minnesota who is running for the Democratic Party's nomination in the 2020 presidential race, talks with Recode's Kara Swisher in front of a live audience at South by Southwest. In this episode: The infamous comb incident; why Klobuchar thinks she can win; big pharma and big tech; why Klobuchar is aiming for the center while her fellow Democrats are pulling left; what she learned from studying Hillary Clinton's 2016 loss; the crowded Democratic field; the need for urgent action on climate change; Elizabeth Warren's proposal to break up the tech companies and Klobuchar's own agenda for tech; should Facebook and Google be broken up?; the prospects of a federal data privacy bill; does Klobuchar trust tech companies?; do they like her?; Paul Manafort's initial prison sentence; the Mueller Report; President's Trump's coziness with Vladimir Putin and his attacks on the press; impeachment; Rep. Ilhan Omar's comments on Israel; and what politicians Klobuchar looks up to. Learn more about your ad choices. Visit podcastchoices.com/adchoices

16 Mars 20191h 6min

Recode Decode: Kathy Griffin

Recode Decode: Kathy Griffin

Comedian Kathy Griffin talks with Recode's Kara Swisher about the notorious photo shoot that got her investigated by the Secret Service — and her new self-financed stand-up special, A Hell of a Story. In this episode: The notorious severed-head photo shoot; what happened after the initial wave of backlash; Griffin's run-ins with Donald Trump before he ran for president; why she believes the current battle with Trump is "historic"; Elon Musk; "I've been in Hollywood trouble, but never two federal agencies"; why she had to distribute her new stand-up special herself; does she regret taking the photo?; Anderson Cooper's reaction; Griffin's issues with Twitter CEO Jack Dorsey and why "he should resign"; how to regulate the social media companies; Griffin's thoughts on the 2020 candidates; speech should be regulated by social media first, not governments; "It took like a good week to talk my own mother out of the fact that I'm not in ISIS"; living next door to the Kardashians, and her other, crazier neighbor; what happens to Griffin's career now?; and advice for women entering the workforce. Today's show is brought to you by Microsoft Azure. Check out Azure.com/trial to sign up for a trial today! Learn more about your ad choices. Visit podcastchoices.com/adchoices

13 Mars 20191h 2min

Recode Decode: YouTube CEO Susan Wojcicki

Recode Decode: YouTube CEO Susan Wojcicki

YouTube CEO Susan Wojcicki talks with Recode's Kara Swisher in this live interview recorded at Lesbians Who Tech in San Francisco. In this episode: Why YouTube turned off comments for tens of millions of videos recently; its latest attempts to keep kids safe; the criteria it weighs when making a policy change; toxicity in YouTube's comments; what would it do if it lost section 230 immunity?; "the only way to solve this, at the end of the day, is going to be with a combination of human and machines"; diversity in YouTube's leadership; the Google walkout; should Google put a non-executive employee on its board?; contractors in tech; and do the leaders in Silicon Valley "get it?" Thanks to Microsoft Azure for sponsoring this episode. Get started with a free account and 12 months of popular free services at Azure.com/trial today. Learn more about your ad choices. Visit podcastchoices.com/adchoices

11 Mars 201932min

Recode Decode: Hudson's Bay Company CEO Helena Foulkes

Recode Decode: Hudson's Bay Company CEO Helena Foulkes

Hudson's Bay Company CEO Helena Foulkes talks with Recode's Kara Swisher in this live interview recorded at An Evening With Code Commerce in Las Vegas. In this episode: Yep, Foulkes was considered for the Uber CEO job; her background at CVS; how she came to Hudson's Bay; why she sold its European department stores, Gilt Groupe, and Home Outfitters; the importance of making retail shopping an experience; how Foulkes is rethinking Saks Off Fifth; "you can never out-Amazon Amazon"; how do physical retail stores use data?; and what will the store of the future look like? Subscribe to Casey Newton's newsletter, The Interface, at theverge.com/interface. Learn more about your ad choices. Visit podcastchoices.com/adchoices

9 Mars 201940min

Recode Decode: Laurene Powell Jobs

Recode Decode: Laurene Powell Jobs

Laurene Powell Jobs, the founder of the Emerson Collective, talks with Recode's Kara Swisher about journalism, VR, and activism. In this episode: Why Powell Jobs is investing in media; President Trump's attacks on journalists; are billionaires buying outlets the only way forward?; Alejandro G. Iñárritu's VR border crossing film, Carne Y Arena; art and activism; how to fix the immigration impasse; how social media changes art; Powell Jobs' first education nonprofit, College Track; and when will Silicon Valley wake up? Learn more about your ad choices. Visit podcastchoices.com/adchoices

6 Mars 201932min

Recode Decode: Chamath Palihapitiya

Recode Decode: Chamath Palihapitiya

Social Capital CEO Chamath Palihapitiya talks with Recode’s Kara Swisher and Teddy Schleifer about an “identity crisis” that pitted his wealth and fame against personal happiness and relationships. In this episode: Social Capital’s attempts to disrupt venture capital; Palihapitiya’s “identity crisis” and search for happiness; nonwhite people aren’t allowed to appear crazy; “to all the people that worked for me ... you’re fucking welcome”; why Silicon Valley has never been unhappier; the lack of heroes and values in modern society; the uneasy balance between a business' mission and its profits; disarming the concept of mental health; why Palihapitiya isn’t a fan of Rep. Alexandria Ocasio-Cortez; why the startup world is a “ponzi scheme”; what entrepreneurs need to ask prospective investors to avoid getting fleeced; the looming debt crisis; the five areas he would invest in now; and the current state of Social Capital. Thanks to Microsoft Azure for sponsoring this episode. Get started with a free account and 12 months of popular free services at Azure.com/trial today. Learn more about your ad choices. Visit podcastchoices.com/adchoices

4 Mars 20191h 7min

Recode Decode: News Media Alliance CEO David Chavern

Recode Decode: News Media Alliance CEO David Chavern

David Chavern, the president and CEO of the nonprofit News Media Alliance, talks with Recode’s Kara Swisher about advocating on behalf of journalists in Washington, D.C. In this episode: How Chavern got to the News Media Alliance; the unique challenges of representing the media business; the ripple effects of the declining print business; the impact of Google and Facebook; revenue sharing, algorithm changes and conspiracy theories online; the differences among how the platforms understand the media; how tech has sucked up all the ad revenue; “charity isn’t going to solve this problem”; why does Facebook get Section 230 protections?; potential antitrust action; Trump’s dangerous “fake news” rhetoric; is education and news literacy enough?; tech billionaires buying media companies; and why it’s harder to innovate on the business model for journalism than it is in other forms of media Learn more about your ad choices. Visit podcastchoices.com/adchoices

2 Mars 201949min

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