The cloud was built for a different era: web apps and databases, not models and GPUs. As AI teams train, fine-tune, and ship agentic systems, they're hitting the limits of infrastructure that was never designed for the work. Modal co-founder and CEO Erik Bernhardsson joins Hanel Baveja (Partner, Creandum) to unpack what it takes to build a cloud designed for AI teams — one where you define your environment in code, scale to thousands of GPUs instantly, and get a developer experience that feels local. They'll map the fast-shifting infrastructure landscape and the calls technical leaders have to make: open models vs. frontier APIs, when to fine-tune, and where to own their stack. A candid conversation on where AI compute is heading, and what it takes to move fast.