Make Me Smart CoreWeave’s IPO tests money magic of AI
Mar 29, 2025
CoreWeave's IPO offers a glimpse into the AI boom, showcasing market volatility and operational challenges. A key ruling enhances presidential powers over independent agencies, potentially reshaping governance. Meanwhile, the hosts explore the societal impacts of credit reliance for essential needs, while the rising popularity of Crocs among youth highlights the comfort versus style debate. They also engage in lighthearted banter and celebrate community support for public radio, making for a lively and thought-provoking discussion.
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Presidential Power Over Agencies
- A D.C. appeals court ruled that presidents can fire independent agency heads.
- This ruling supports the unitary executive theory, potentially impacting future governance.
CoreWeave's IPO and AI Sustainability
- CoreWeave, an AI infrastructure provider, had a lackluster IPO.
- This raises questions about the AI boom's sustainability, given CoreWeave's dependence on companies like Microsoft.
ChatGPT's Image Generator Overloads Servers
- ChatGPT's image generator, popular for Studio Ghibli-style images, overloaded their servers.
- OpenAI CEO Sam Altman announced rate limits, highlighting AI's high operational costs.