Dwarkesh Podcast

Satya Nadella on Dwarkesh Patel: Why GitHub Copilot Leads AI

Fairwater 2 is a 10x compute step beyond GPT-5 in Microsoft's roadmap; Satya shows GitHub Copilot holds even as Claude Code and Cursor close the gap.

SNSatya NadellaguestDPDwarkesh PatelhostSGScott GuthrieguestDPDylan Patelguest

Nov 12, 2025·1h 28m·Watch on YouTube ↗

📖 CHAPTERS

1. 1
   0:00 – 4:15

   Fairwater 2

2. 2
   4:15 – 13:42

   Business models for AGI

3. 3
   13:42 – 20:56

   Copilot

4. 4
   20:56 – 37:12

   Whose margins will expand most?

5. 5
   37:12 – 48:42

   MAI

6. 6
   48:42 – 1:03:39

   The hyperscale business

7. 7
   1:03:39 – 1:10:30

   In-house chip & OpenAI partnership

8. 8
   1:10:30 – 1:16:01

   The CAPEX explosion

9. 9
   1:16:01 – 1:28:41

   Will the world trust US companies to lead AI?