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: Tolga Kurtoglu, CEO, PARC

Recode Decode: Tolga Kurtoglu, CEO, PARC

PARC CEO Tolga Kurtoglu talks with Recode’s Kara Swisher about leading the iconic Silicon Valley research and development firm, formerly known as Xerox PARC, which works with companies and government agencies to imagine the future of work. Kurtoglu says PARC is thinking a lot about how humans and artificial intelligence agents will work together and how to build a “trustable” AI that can explain how it reaches its conclusions. He also talks about why Silicon Valley has held on to its leadership in tech innovation and what responsibilities the tech sector has as its creations disrupt established industries and eliminate jobs. Learn more about your ad choices. Visit podcastchoices.com/adchoices

17 Juli 201749min

Recode Decode: Lisa Dickey, author, 'Bears in the Streets'

Recode Decode: Lisa Dickey, author, 'Bears in the Streets'

"Bears in the Streets" author Lisa Dickey talks with Recode's Kara Swisher about her new book, which chronicles three trips to Russia at three very different times in its history — 1995, 2005 and 2015. Dickey's first journey across the continent was a pioneering work of digital photography and early web publishing, while her later trips illuminated how tech, politics and everything else was changing. She says Americans get a lot wrong about the Russian people and Russians get a lot wrong about Americans, but the two countries have more in common than they realize. Dickey shares some of the strangest stories from her visits to the country, including an unexpectedly contentious trip to see the Matt Damon movie "The Martian" and arguments over whether 9/11 was an inside job. Learn more about your ad choices. Visit podcastchoices.com/adchoices

10 Juli 201757min

Recode Decode: Reid Hoffman, partner, Greylock

Recode Decode: Reid Hoffman, partner, Greylock

LinkedIn founder Reid Hoffman, now a venture capitalist at Greylock Partners, talks with Recode’s Kara Swisher about why Silicon Valley has remained the epicenter of tech for decades and what’s next for entrepreneurs, investors and consumers. Hoffman explains why LinkedIn sold itself to Microsoft, why Airbnb hasn’t gone public yet and why he believes everyone in politics and business should adopt the “Spider-Man” motto: “With great power comes great responsibility.” Later in the show, he discusses his increasing involvement in liberal politics and his enduring friendship with conservative Trump supporter Peter Thiel, whom Hoffman met as a college undergraduate. Learn more about your ad choices. Visit podcastchoices.com/adchoices

3 Juli 20171h 11min

Recode Decode: Adam Lashinsky, author, 'Wild Ride'

Recode Decode: Adam Lashinsky, author, 'Wild Ride'

Fortune Executive Editor Adam Lashinsky talks with Recode's Kara Swisher about his new book "Wild Ride: Inside Uber's Quest for World Domination." In this live interview, recorded after Travis Kalanick had announced a leave of absence from Uber but before he resigned as CEO, Lashinsky talks about trying to find Kalanick's "Rosebud" and why he didn't discover the now-infamous dark side of Uber's culture that was exposed by Susan Fowler and other former employees. He says despite the brand being "severely tarnished," Uber can reshape its corporate culture and bounce back because "[not] every person is rotten." Learn more about your ad choices. Visit podcastchoices.com/adchoices

26 Juni 20171h 13min

Recode Decode: Cecile Richards, president, Planned Parenthood Federation of America (Code Conference 2017)

Recode Decode: Cecile Richards, president, Planned Parenthood Federation of America (Code Conference 2017)

In this special bonus episode from the 2017 Code Conference, Planned Parenthood Federation of America President Cecile Richards talks with Recode's Kara Swisher about how the nonprofit has dealt with controversy and political opposition under President Trump. Republicans in Washington are attempting to limit the organization, which Richards says would undermine access to local health services and cause the rates of STIs and abortions to go up. Planned Parenthood will continue to exist even if the GOP's health care bill passes, she says, but it's still fighting to remain a public benefit, with funds for most of its services being reimbursed by the government. Richards also talks about how her team uses social media and texting and why she wants to use drones to air-drop birth control. Learn more about your ad choices. Visit podcastchoices.com/adchoices

25 Juni 201733min

Recode Decode:  Mark Hurd, co-CEO, Oracle

Recode Decode: Mark Hurd, co-CEO, Oracle

In this live interview, Oracle co-CEO Mark Hurd talks with Recode's Kara Swisher about how Oracle transitioned its business to the cloud, which is the fastest-growing segment of all enterprise spending. Hurd says a large, process-laden company like Oracle can't risk getting complacent and out-innovated by smaller startups, and had to weather some unhappy investors on Wall Street for many quarters because building out cloud services takes time and money. He also talks about immigration policy, job automation and why Steve Jobs once told him he would hate to have Hurd's job. Learn more about your ad choices. Visit podcastchoices.com/adchoices

19 Juni 201757min

Recode Decode: Jill Soloway, creator, 'Transparent' (Code Conference 2017)

Recode Decode: Jill Soloway, creator, 'Transparent' (Code Conference 2017)

In this special bonus episode from the 2017 Code Conference, Jill Soloway, the creator of the Amazon TV series "Transparent," talks with Recode's Kara Swisher about their new show, "I Love Dick," which stars Kevin Bacon and Kathryn Hahn. They say Amazon is more hands-off than traditional TV networks and has helped diversify the female characters we see on TV. Soloway's company, Topple Productions, is aimed at disrupting the "white male gaze" and giving power to creators who otherwise might not have it, and they recall how, after losing twice at the Golden Globes, Jeff Bezos encouraged them to keep effecting social change through storytelling. Learn more about your ad choices. Visit podcastchoices.com/adchoices

17 Juni 201731min

Recode Decode: Scott Galloway, founder, L2

Recode Decode: Scott Galloway, founder, L2

L2 founder and New York University professor Scott Galloway talks with Recode's Kara Swisher about how the biggest companies in tech are disrupting retail, jobs, advertising and more. Galloway says the U.S. is incredibly "over-stored" and predicts that Amazon is well positioned to quadruple what its Prime customers spend. He also explains why most brands should worry about their future stability, and what a handful — including Apple and Disney — have done right to defend themselves. Later in the show, Galloway grades how Google, Facebook, Netflix and more are doing and makes the case for executive changes at Uber and Snapchat. Learn more about your ad choices. Visit podcastchoices.com/adchoices

12 Juni 201758min

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