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Frank Gray

Waters Wrap: After Symphony, David Gurle’s new opus looks to distributed cloud storage, compute

The creator of Perzo/Symphony has started a new company called Hive. Anthony chats with David Gurle to see how the startup will look to disrupt the cloud space.

Say what you will about Symphony—and I’ve said (well, written) plenty—there’s no denying that the idea behind the company was an ambitious one. And while it was downright silly to call the startup a “Bloomberg Killer”, and while it may not have lived up to the promise that some saw in it, a $1.4 billion valuation (in 2019) of the company is proof that it’s a successful startup. And the company is still growing and evolving.

The brain behind the creation of Symphony is David Gurle, who created a

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‘Vibe coding is burning us out’

Vibe coding is rapidly spreading throughout the capital markets, and some are unhappy about it, while others believe the genie is out of the bottle. Engineers spoken to for this story share some choice words—and several expletives—about this new form of coding.

The enshittification of AI

The Waters Wrap: AI may look good to its developers, but there are a few problems lurking below the surface that might cause problems. Max Bowie explains.

DTCC dives into public cloud

The clearing house has begun migrating its equities clearing and settlement systems to AWS, while its tokenization systems have migrated to Microsoft Azure ahead of their launch this fall.

MCP is dead, long live MCP

The Waters Wrap: Reb dives into the trenches of the online developer community to see whether its reputation as the great enabler of the AI age is justified.

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