In this episode of No Priors, hosts Sarah and Elad are joined by Jared Quincy Davis, former DeepMind researcher and the Founder and CEO of Foundry, a new AI cloud computing service provider. They discuss the research problems that led him to starting Foundry, the current state of GPU cloud utilization, and Foundry's approach to improving cloud economics for AI workloads. Jared also touches on his predictions for the GPU market and the thinking behind his recent paper on designing compound AI systems. Sign up for new podcasts every week. Email feedback to [email protected] Follow us on Twitter: @NoPriorsPod | @Saranormous | @EladGil | @jaredq_ Show Notes:  (00:00) Introduction  (02:42) Foundry background (03:57) GPU utilization for large models (07:29) Systems to run a large model (09:54) Historical value proposition of the cloud (14:45) Sharing cloud compute to increase efficiency  (19:17) Foundry’s new releases (23:54) The current state of GPU capacity (29:50) GPU market dynamics (36:28) Compound systems design (40:27) Improving open-ended tasks