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: Early AOL exec Jean Case

Recode Decode: Early AOL exec Jean Case

Case Foundation CEO Jean Case, who was an early marketing and communications executive at AOL, talks with Recode's Kara Swisher about her new book, "Be Fearless: 5 Principles for a Life of Breakthroughs and Purpose." In this episode: Why Case never finished college; working at The Source and GE, and why she left GE for Quantum Computer Services, which became AOL; finding unlikely allies and pivoting the business; The Case Foundation and impact investing; Case's other role, chairing the National Geographic Society; why she wrote Be Fearless; taking risks, failing the right way and breaking out of your bubble; are women making progress against discrimination?; the power of urgency; startups are at a 30-year low; does Case still feel entrepreneurial?; what does she think of AOL now?; "be fearless" does not actually mean having no fear; and expanding opportunity for entrepreneurial people everywhere. Learn more about your ad choices. Visit podcastchoices.com/adchoices

30 Jan 201959min

Recode Decode: "The Job" author Ellen Shell

Recode Decode: "The Job" author Ellen Shell

Boston University professor Ellen Shell talks with Recode's Kara Swisher about her new book, The Job: Work and Its Future in a Time of Radical Change. In this episode: Shell's background in science and culture journalism; her earlier books, "The Hungry Gene" and "Cheap"; how writing about 1800s department store sales in "Cheap" led to writing "The Job"; what jobs will be automated and how we should prepare; how this transition compares to the Industrial Revolution; the ripple effects of one job being automated; the recent government shutdown; what does it even mean to be employed in the gig economy?; the "skills gap" myth and the opportunities of growing up rich; what should young people in the workforce do now?; will robots ever take all the jobs? Learn more about your ad choices. Visit podcastchoices.com/adchoices

28 Jan 201951min

Recode Decode: Attorney Laura Wasser

Recode Decode: Attorney Laura Wasser

Divorce attorney Laura Wasser talks with Recode's Kara Swisher about starting It's Over Easy, an online platform to help people who are getting divorced in New York and California. In this episode: Why Wasser launched It's Over Easy; the other services it provides besides legal help; why Wasser isn't afraid of losing her $850/hour clients; how she hopes to expand to more states this year; why some locations may require "doing an Uber"; why the legal world has been slow to embrace the internet; can lawyers and judges be completely replaced?; and advice for anyone getting divorced. Learn more about your ad choices. Visit podcastchoices.com/adchoices

26 Jan 201948min

Recode Decode: Basecamp CEO Jason Fried

Recode Decode: Basecamp CEO Jason Fried

Basecamp CEO Jason Fried talks with Recode's Kara Swisher about his most recent book, It Doesn't Have to Be Crazy at Work, which he co-wrote with his business partner David Heinemeier Hansson. In this episode: How Basecamp got started; why chat apps like Slack and Basecamp's own Campfire are bad for productivity; the things that make work crazy, including access to coworkers' calendars, ASAP-response culture and codependent departments; why Basecamp does not set any goals internally other than "be profitable"; how Silicon Valley's "world domination mindset" stresses workers out; which tech exec would win in a fight?; the fakeness of fancy office perks; the problems with serial entrepreneurship, best practices and intentional sleep deprivation; "hacking anything is stupid"; why venture capital destroys more businesses than it helps; and how tech companies are trying to avoid becoming Philip Morris. Learn more about your ad choices. Visit podcastchoices.com/adchoices

23 Jan 20191h

Recode Decode: Land O'Lakes CEO Beth Ford and Rep. Steve King

Recode Decode: Land O'Lakes CEO Beth Ford and Rep. Steve King

Land O’Lakes CEO Beth Ford talks with Recode’s Kara Swisher about running a modern dairy and food company, which is co-owned by thousands of farmers.  In this episode: What Land O’Lakes does other than butter; Ford's thoughts on being an openly gay female leader; the changing role of a modern CEO; why farmers are the “ultimate entrepreneurs”; agriculture technology, aka agritech; automation and big data in farming; the future of food; why Land O’Lakes withdrew its support for Congressman Steve King; and the political demands on modern CEOs. Learn more about your ad choices. Visit podcastchoices.com/adchoices

21 Jan 201955min

Recode Decode: EFF boss Cindy Cohn and McSweeney's editor Claire Boyle

Recode Decode: EFF boss Cindy Cohn and McSweeney's editor Claire Boyle

Cindy Cohn, the executive director of the Electronic Frontier Foundation, and Claire Boyle, the managing editor of McSweeney's Quarterly Concern, talk with Recode's Kara Swisher about a special nonfiction issue the two organizations teamed up to produce, "The End of Trust." In this episode: Why the EFF and McSweeney's decided to work together; have consumers given up on having privacy?; why "Facebook doesn't really have users or customers, they have hostages"; the current copyright battles in Europe; why the ability of AI to play chess says little about the usefulness of AI in general; surveillance that doesn't seem malevolent and the privilege of "I have nothing to hide"; China's "bonkers" social scoring system; the history of the internet and how things got screwed up; how to unscrew it; will Congress make a move on tech when the shutdown ends?; the importance of Section 230 of the Communications Decency Act Learn more about your ad choices. Visit podcastchoices.com/adchoices

19 Jan 20191h

Recode Decode: Glossier CEO Emily Weiss

Recode Decode: Glossier CEO Emily Weiss

In this live interview from the 92nd Street Y in New York City, Glossier founder and CEO Emily Weiss talks with Recode's Kara Swisher about running a "beauty company that's also a tech company." In this episode: How Glossier got started; the passionate fans of Glossier and Weiss; its Instagram strategy; its plans to make a social "utility" platform; why it's choosing to not grow as fast as possible; the pressures of being a leader and building a great team; could Amazon outmaneuver Glossier?; advice for entrepreneurs raising their seed rounds; and why you shouldn't make everyone at your company a VP. Learn more about your ad choices. Visit podcastchoices.com/adchoices

16 Jan 20191h 10min

Recode Decode: CNN.com editor in chief Meredith Artley

Recode Decode: CNN.com editor in chief Meredith Artley

CNN.com editor in chief Meredith Artley talks with Recode's Kara Swisher about overseeing some of the most popular news sites on the internet and how things may change in 2019. In this episode: Artley's background at the New York Times and International Herald Tribune; the "complete chaos" of working at the Los Angeles Times; what actually works in digital news?; How CNN has changed its approach to covering President Trump's tweets; its relationships with social media companies; what it's like working under Trump's "enemy of the people" attacks; the speed of news; and how to earn the public's trust. Learn more about your ad choices. Visit podcastchoices.com/adchoices

14 Jan 201955min

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