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: 99designs CEO Patrick Llewellyn

Recode Decode: 99designs CEO Patrick Llewellyn

99designs CEO Patrick Llewellyn talks with Recode's Kara Swisher about leading a design startup based in Australia. In this episode: How 99designs helps designers and their clients work together online; how it makes finding work easier for freelance designers; why design will never be completely done by computers; founding a startup in Australia; why 99designs sees itself as a "platform" and not just a marketplace; and where the company goes next. Plus, can places outsides Silicon Valley build entrepreneurial societies? Learn more about your ad choices. Visit podcastchoices.com/adchoices

12 Jan 201942min

Recode Decode: DoorDash CEO Tony Xu and COO Christopher Payne

Recode Decode: DoorDash CEO Tony Xu and COO Christopher Payne

Tony Xu, the CEO and co-founder of DoorDash, and Christopher Payne, the COO, talk with Recode's Kara Swisher about how the delivery company's busy 2018 and why it's starting to think about delivering more than food. In this episode: (01:41) Where DoorDash is now and the delivery business; (05:25) Is Amazon a competitor?; (08:07) Xu and Payne's backgrounds; (11:32) Why DoorDash succeeded where Webvan failed; (15:10) Working with big restaurants and why they don't do it themselves; (21:03) How DoorDash makes money; (25:53) The gig economy and the future of work; (30:48) Where the business could go beyond food delivery; (34:09) Why Xu started DoorDash; (36:08) The current startup environment and the image of tech; (39:31) What does it take to be an entrepreneur now?; (43:05) Raising money from SoftBank's Vision Fund; (44:55) The future of DoorDash and the future of retail stores; (50:51) Trends in shopping and the delivery business Learn more about your ad choices. Visit podcastchoices.com/adchoices

9 Jan 201956min

Recode Decode: Serial Box CEO Molly Barton

Recode Decode: Serial Box CEO Molly Barton

Molly Barton, the CEO and co-founder of serialized reading app Serial Box, talks with Recode's Kara Swisher about trying to make a Netflix-style digital platform for books. In this episode: (01:19) Barton's background and the early days of e-books; (06:45) Looking for digital innovation in publishing; (12:38) Combining e-books with audiobooks; (15:48) Why Barton started Serial Box; (20:13) How it works; (26:42) The business side and fundraising; (29:52) How the traditional publishing industry has reacted and what sort of books perform best; (33:52) Copyright and contract writers; (37:07) How well does a successful Serial Box book do?; (40:01) Where does reading go from here? Learn more about your ad choices. Visit podcastchoices.com/adchoices

7 Jan 201943min

Recode Decode: Keith Rabois

Recode Decode: Keith Rabois

Khosla Ventures partner Keith Rabois talks with Recode's Kara Swisher about the current startup and venture capital landscape, the Trump administration and more. In this episode: (01:18) Rabois's background; (04:28) Becoming a venture capitalist and how Khosla Ventures invests; (09:37) The startup and venture capital landscape; (15:06) Why startup fundraising was unusually hectic in December; (19:15) Investing in healthcare, aerospace and autonomous driving; (26:56) Artificial intelligence; (29:02) Ethical issues in advertising and at Facebook; (36:40) Political advertising and Russian media manipulation; (40:40) The prospect of regulation; (46:32) Saudi Arabia and the murder of Jamal Khashoggi; (50:04) Contrarianism and book recommendations; (53:45) Being conservative and Rabois' friend Peter Thiel; (58:07) What happens to the Trump administration next?; (1:02:16) Who could run against Trump and win?; (1:04:47) Rabois's real estate company Opendoor Learn more about your ad choices. Visit podcastchoices.com/adchoices

5 Jan 20191h 9min

Recode Decode: Why Weight Watchers is now WW

Recode Decode: Why Weight Watchers is now WW

WW International CEO Mindy Grossman talks with Recode's Kara Swisher about how her company, formerly known as Weight Watchers, has transitioned into modern "wellness" culture. Learn more about your ad choices. Visit podcastchoices.com/adchoices

2 Jan 201945min

Recode Decode: The ups and downs of Reddit's history

Recode Decode: The ups and downs of Reddit's history

Inc. magazine senior writer Christine Lagorio-Chafkin talks with Recode's Kara Swisher about her new book, "We Are the Nerds: The Birth and Tumultuous Life of Reddit, the Internet's Culture Laboratory." Learn more about your ad choices. Visit podcastchoices.com/adchoices

31 Dec 201844min

Recode Decode: How Imgur avoids the ugliness of social media

Recode Decode: How Imgur avoids the ugliness of social media

Imgur CEO Alan Schaaf talks with Recode's Kara Swisher about starting the image-sharing site and moderating its content. In this episode: (00:59) Schaaf's background; (03:18) Launching Imgur; (07:56) Imgur's early business plan; (15:34) Where online images are going (and how to pronounce "gif"); (21:37) Famous memes and how entertainment is changing; (30:19) The ugliness of social media; (38:09) Why other social platforms don't moderate their content like Imgur does Learn more about your ad choices. Visit podcastchoices.com/adchoices

26 Dec 201848min

Recode Decode: What's next for Amazon's Alexa?

Recode Decode: What's next for Amazon's Alexa?

Bret Kinsella, the editor of the voice technology blog Voicebot.ai, talks with Recode’s Rani Molla about the future of virtual assistants like Alexa, Siri and Google Assistant. In this episode: (01:02) Kinsella’s background; (05:07) The history of voice tech; (11:19) How many people have smart speakers and what do they do with them?; (14:51) Music and podcasts on smart speakers; (16:51) Smart homes and voice; (20:51) Voice shopping; (24:40) Why brands are all in on voice; (28:04) Positioning products for voice searches; (31:33) Pay to play in search results; (34:11) Amazon’s microwave; (38:30) Other recently announced voice hardware; (43:18) Is this a privacy nightmare waiting to happen?; (45:48) Where will voice tech be in five years? Learn more about your ad choices. Visit podcastchoices.com/adchoices

24 Dec 201849min

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