If the artificial intelligence bubble were to burst, every company would be affected, the head of Google's parent firm Alphabet has told the BBC.
Sundar Pichai said, while the growth of AI investment had been an "extraordinary moment", there was some "irrationality" in the current AI boom. Is a bubble burst inevitable and would it be painful?
Also in the programme: the US hails UN security council backing for its Gaza peace plan; and does the world -- or the world's restaurants -- need a universal spice index?
(Photo shows Sundar Pichai during an interview at Google's California headquarters on 17 November 2025. Credit: BBC News)
At least 20 schoolgirls are still missing in Nigeria's north-western Kebbi State after they were kidnapped at dawn from their dormitories at a secondary school. How can mass abductions in Nigeria be stopped?
South Africa fears a "cleansing agenda" after the controversial arrival of 153 passengers from Gaza in the country.
And how Ethiopia plans to tackle its housing crisis, which has been fuelled by rapid urbanisation.
Presenter: Nyasha Michelle
Producers: Sunita Nahar, Yvette Twagiramariya and Joseph Keen in London
Technical Producer: Gabriel O'Regan
Senior Producer: Patricia Whitehorne
Editors: Andre Lombard and Alice Muthengi
Welcome back to The Mining Pod! Today, Patrick Fleury, CFO of TeraWulf, joins us to talk about WULF’s Q3 where they booked their first AI revenue at $7.2 million, signed AI deals with FluidStack and Core42, and how they're balancing their debt structure. Patrick also drops a provocative warning about Bitcoin's security: with US hashrate potentially dropping from 40% to just 5-10% by 2028, Bitmain could become the largest miner controlled by China, creating the only real vulnerability in Bitcoin's network.
Subscribe to the newsletter! https://newsletter.blockspacemedia.com
**Notes:**
• First AI revenue: $7.2 million in Q3
• 450MW contracted with FluidStack at Lake Mariner
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Published twice weekly, "The Mining Pod" interviews the best builders and operators in the Bitcoin and Bitcoin mining landscape. Subscribe to get notifications when we publish interviews on Tuesday and a news show on Friday!
Galaxy Digital founder and CEO Mike Novogratz joins "CoinDesk Spotlight" to discuss why the $38 trillion national debt has created a "golden era" for crypto. Novogratz breaks down the power of the XRP Army, his timeline for a $1 million bitcoin, and Galaxy's IPO journey. Plus, he shares his concerns about a "bull market in populism" and the story of how his ayahuasca trip inspired a scene in the show Billions.
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This content should not be construed or relied upon as investment advice. It is for entertainment and general information purposes.
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01:42 - When Did Novogratz First Know Money Mattered? 07:26 - “What’s Cool About Bitcoin Is There’s No CEO” 12:44 - XRP's Fierce Community and Success 14:32 - How Did We Get Here: America's Financial "Tale of Two Cities" 15:47 - How Sustainable Are Crypto Communities? 17:49 - Novogratz's Take on Mamdani and Crypto in NYC 22:15 - Would He Ever Run for Office? 25:38 - Is Crypto at Risk of Replicating Same Challenges From TradFi? 29:26 - His Work on Criminal Justice Reform 33:32 - How Novogratz's Upbringing Shaped Him 37:10 - On Immigration Policy and Where America is Headed 43:16 - Galaxy's IPO 45:19 - Top Crypto Asset Picks 47:33 - On D.C. and When Market Structure Legislation Will Pass 49:43 - "Crypto Is a Report Card on How the Country Is Doing" 52:03 - Can a BTC Treasury Address National Debt? "It’s Kind of Smoke and Mirrors" 53:35 - Novogratz's Most Rewarding Project 57:28 - Advice to His Younger Self 59:36 - Where Did His Intense Risk Appetite Come From? 01:01:14 - The Ayahuasca Journey That Inspired 'Billions'
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This episode was hosted by Jennifer Sanasie. “CoinDesk Spotlight” is produced by Sam Ewen, Jennifer Sanasie, Taylor Fleming and Victor Chen.
House of Representatives set to vote on Epstein files release. Tensions rise in the Caribbean. Homeowner charged in the shooting of a house cleaner. CBS News Correspondent Steve Kathan has these stories and more on the World News Roundup.
Sheikh Hasina, Bangladesh’s former prime minister, has been sentenced to death for crimes against humanity. The country is at a pivotal moment as it heads towards parliamentary elections next year. Donald Trump hopes tariffs will return furniture making to America. And why English speakers use their alphabet so oddly.
The House votes today on whether to force the release of long-awaited Epstein files, a move pushed by a bipartisan coalition despite President Trump’s earlier efforts to stop it. A widening feud between Trump and Marjorie Taylor Greene exposes growing cracks inside the MAGA movement over foreign policy and the “America First” agenda. And President Trump welcomes Saudi Arabia’s crown prince to the White House as both sides seek deeper security and economic ties.
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Today’s episode of Up First was edited by Kelsey Snell, Megan Pratz, Rebecca Rossman, Mohamad ElBardicy, and Alice Woelfle.
It was produced by Ziad Buchh, Nia Dumas and Christopher Thomas.
We get engineering support from Stacey Abbott. And our technical director is Carleigh Strange.
As the House prepares to vote to release the Jeffrey Epstein files, questions remain over whether the Department of Justice will release everything. President Trump declines to rule out U.S. troops in Venezuela, but says he’s open to talks with Nicolas Maduro. And a federal judge suggests "government misconduct" may have tainted the Trump administration’s case against James Comey.