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: 'Temp' author Louis Hyman

Recode Decode: 'Temp' author Louis Hyman

Louis Hyman, an economic historian and professor at Cornell University, talks with Recode's Kara Swisher and Rani Molla about his new book, "Temp: How American Work, American Business, and the American Dream Became Temporary." In this episode:02:00 - Why Hyman wrote “Temp” and the history of work05:11 - The first temporary jobs07:44 - Silicon Valley has treated workers “miserably” for decades16:48 - What is the "gig economy” now?21:52 - Why Uber is both a “godsend" and a trickster26:47 - Job automation and human creativity31:20 - What are the jobs of the future?34:48 - Digital migrants37:07 - Robot caretakers39:05 - Universal Basic Income44:09 - How to make jobs of the future sustainable47:13 - How can tech help? Learn more about your ad choices. Visit podcastchoices.com/adchoices

29 Aug 201850min

Recode Decode: Maker Faire founder Dale Dougherty and Make Magazine editor Mike Senese

Recode Decode: Maker Faire founder Dale Dougherty and Make Magazine editor Mike Senese

Two of the godfathers of the maker movement — Maker Faire founder Dale Dougherty and Make Magazine editor in chief Mike Senese — talk with Recode's Kara Swisher about how the movement has gone mainstream over the past decade. In this episode:01:39 - How the maker movement started11:06 - Why make things when you don’t have to?12:42 - Why Make Magazine is a magazine17:57 - What’s trending among makers20:17 - 3-D printers and digital fabrication23:09 - AI and education 28:35 - Drones, more 3-D printers and robotics35:10 - America, China and cultures of innovation40:58 - Resisting Amazon42:47 - The reality show “Making It” and celebrity makers47:06 - Diversity in the maker movement49:19 - Favorite projects of the year Learn more about your ad choices. Visit podcastchoices.com/adchoices

27 Aug 201852min

Recode Decode: Haystack founder Semil Shah

Recode Decode: Haystack founder Semil Shah

Haystack founder and Lightspeed Ventures venture partner Semil Shah talks with Recode's Teddy Schleifer about breaking into the VC world and how the industry is changing. In this episode:03:45 - How Shah got involved with tech07:57 - How hard should it be to get a VC job?16:10 - Misconceptions about venture capital21:33 - What exactly is a “venture partner?”26:08 - How important is luck to being a good VC?31:32 - Being a lone wolf and breaking in36:07 - Doing deals outside Silicon Valley46:31 - SoftBank49:41 - Venture capital in 2038 Learn more about your ad choices. Visit podcastchoices.com/adchoices

25 Aug 201853min

Recode Decode: Senator Ron Wyden

Recode Decode: Senator Ron Wyden

Ron Wyden, the senior U.S. Senator from Oregon, talks with Recode's Kara Swisher about regulating the internet and protecting America's elections from both hackers and disinformation peddlers. In this episode:01:12 - The early days of the internet05:42 - Cambridge Analytica and election security10:34 - Social media during elections14:45 - Alex Jones and policing the internet19:34 - Regulating tech companies23:16 - Cybersecurity and tech leaders testifying27:50 - What happens if the Democrats win the House? Learn more about your ad choices. Visit podcastchoices.com/adchoices

22 Aug 201835min

Recode Decode: 'High Growth Handbook' author Elad Gil

Recode Decode: 'High Growth Handbook' author Elad Gil

Startup advisor and Color Genomics co-founder Elad Gil talks with Recode's Kara Swisher about his new book, "High Growth Handbook: Scaling Startups from 10 to 10,000 People." In this episode:00:03:30 - Why Gil stepped down as CEO of Color00:06:00 - Why he wrote "High Growth Handbook"00:09:52 - Is there too much reinvention in tech businesses?00:11:25 - Startup myths and Rachleff's Law00:17:20 - Contrarians are usually wrong!00:23:00 - How to build a board and evolve it as your company grows00:29:14 - The "old-timer" problem00:32:14 - The Sheryl Sandberg effect and when CEOs should step aside00:37:10 - Is innovation dying in Silicon Valley?00:41:05 - Are startups threatened more by the Big 5 or their own founders?00:43:59 - The dangers of Silicon Valley losing its optimism00:52:05 - San Francisco's bad governance Learn more about your ad choices. Visit podcastchoices.com/adchoices

20 Aug 201855min

Recode Decode: Andrew Moore, dean of Carnegie Mellon's School of Computer Science

Recode Decode: Andrew Moore, dean of Carnegie Mellon's School of Computer Science

Andrew Moore, the dean of the School of Computer Science at Carnegie Mellon University, talks with Recode's Kara Swisher about the future of tech education as fields like artificial intelligence and machine learning take center stage. Moore says he's "concerned" that anti-immigrant fervor will deter the next generation of great computer scientists from coming to America, although CMU has not yet seen an impact on its application numbers. He also talks about the often-forgotten importance of electrical and computer engineers, who will develop the sensors that make machine learning advance; how educational programs have been complicit in the lack of diversity in tech; and why he's personally pessimistic that self-driving cars, one of Carnegie Mellon's areas of expertise, will be ready by the early 2020s, as some have predicted. Learn more about your ad choices. Visit podcastchoices.com/adchoices

18 Aug 201847min

Recode Decode: Glassdoor CEO Robert Hohman

Recode Decode: Glassdoor CEO Robert Hohman

Robert Hohman, the co-founder and CEO of company-reviewing site Glassdoor, talks about how the company has evolved since its early days, when Hohman wanted to merge employer transparency with the gaming sensibilities of World of Warcraft. He explains why letting employees and ex-employees rate a company's CEO was so successful, and why Glassdoor nixed a planned feature to let them rate their direct managers. Hohman also talks about the rules the company put in place to moderate publicly-shared reviews, including what happens when an employee alleges that a manager has sexually harassed them. Plus: Why there's a strong correlation between employees who have a bad work/life balance and CEOs with high approval ratings. Learn more about your ad choices. Visit podcastchoices.com/adchoices

15 Aug 201851min

Recode Decode: Dr. Jen Gunter, OB/GYN

Recode Decode: Dr. Jen Gunter, OB/GYN

Jen Gunter, an OB/GYN and pain medicine physician, talks with Recode's Kara Swisher about how celebrity wellness brands have been overtaken by "medical conspiracy theories" and dangerous recommendations — for example, that bras cause breast cancer. After Gunter disputed that claim, made by a writer for Gwyneth Paltrow's company, Goop, it accused her of "being in the pocket of big lingerie." She also talks about the larger problems with finding reliable health information online and how regular people without medical degrees can be smarter skeptics of what their doctors say. Learn more about your ad choices. Visit podcastchoices.com/adchoices

13 Aug 201854min

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