Compute Costs? No, Caviar and Cocktails: In the Bay Area, AI Splurges on Private Parties
The Information
•
Generative AI
Around the time last fall that Vercel tripled its valuation to $9B, the startup decided to throw a swank dinner party. It was a chance for Malte Ubl, the company’s chief technology officer, to talk shop and discuss the fast-changing landscape with a dozen so other Silicon Valley executives - and an opportunity for Vercel, a 10-year-old company that sells a platform for developing AI apps and websites, to show off. For a venue, planners chose a place that hadn’t even opened yet: Wolfsbane, a sleek restaurant housed in a former industrial space in the Dogpatch neighborhood.