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Snowflake CEO: AI Is Driving a ‘Profound’ Shift

Snowflake posted a third straight quarter of accelerating product revenue growth and raised its full-year outlook, with CEO Sridhar Ramaswamy saying AI accounted for about half of the company’s outperformance. He discusses the rapid adoption of Snowflake’s AI coding agent Coco, growing customer usage, and how the company is competing with Databricks in the race…

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Snowflake posted a third straight quarter of accelerating product revenue growth and raised its full-year outlook, with CEO Sridhar Ramaswamy saying AI accounted for about half of the company’s outperformance. He discusses the rapid adoption of Snowflake’s AI coding agent Coco, growing customer usage, and how the company is competing with Databricks in the race to turn enterprise data into AI-driven growth. He joins Ed Ludlow on “Bloomberg Tech.”
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3 Comments

3 Comments

  1. @ThangalMaindhan

    September 3, 2026 at 2:54 pm

    Scripted Advertisement 🤣🤣
    So foolish i fell for this click bait.

  2. @ThangalMaindhan

    September 3, 2026 at 2:55 pm

    Sridhar Ramaswamy, spoiling Tamil name worldwide

  3. @ain92ru

    September 6, 2026 at 8:44 am

    Specialized coding agents can never compete with ones from the frontier labs, the sheer scale of the latter dumps specialization. Look up the Bitter Lesson

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Bloomberg Technology

Tech Mostly Higher After Democrats Win Control of Congress

Bloomberg’s Carol Massar takes a look at what a blue wave means for the tech sector after Democrats won control of the US House and Senate in the midterm elections. Plus, AMD’s forecast exceeds estimates as chip demand soars, showing the semiconductor supercycle still has legs. And the AI capital raise continues, as Meta kicks…

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Bloomberg’s Carol Massar takes a look at what a blue wave means for the tech sector after Democrats won control of the US House and Senate in the midterm elections. Plus, AMD’s forecast exceeds estimates as chip demand soars, showing the semiconductor supercycle still has legs. And the AI capital raise continues, as Meta kicks off a six-part debut euro bond offering, adding to a record wave of corporate bond deals in Europe.

00:00:00 – Bloomberg Tech Begins
00:00:52 – Isabelle Lee on markets after elections
00:02:27 – Tyler Kendall on Democrats huge wins in Midterms
00:05:09 – Brody Ford on Blue wave effect on data center build out
00:06:54 – Jordan Fitzgerald on Musk firms may face higher regulation
00:09:54 – Ian King on Qualcomm
00:12:02 – John Vinh, Keybanc Capital Markets on AMD and Qualcomm
00:17:59 – Ygal Arounian, Wedbush on Uber 3Q Earnings
00:24:43 – Michael Shepard on Tech-Washington Ties
00:28:31 – Robert Schiffman on Meta Euro Bond Debut
00:32:05 – Arushi Sharma Frank, Luminary Strategies on data center post-election
00:39:35 – Anis Uzzaman, Pegasus Tech Ventures on AI opportunities
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Bloomberg Technology

Data Center Buildout Could Help Energy Prices

Data centers can be assets to energy resources and the power grid, says Arushi Sharma Frank, founder and CEO of Luminary Strategies. The former US energy market policy lead at Tesla discusses how the midterm results could impact the AI buildout, and why Elon Musk’s plan to put data centers in space offers diversification for…

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Data centers can be assets to energy resources and the power grid, says Arushi Sharma Frank, founder and CEO of Luminary Strategies. The former US energy market policy lead at Tesla discusses how the midterm results could impact the AI buildout, and why Elon Musk’s plan to put data centers in space offers diversification for the chip sector. She joins Carol Massar on “Bloomberg Tech.”
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Bloomberg Technology

AI Buildout Faces Upheaval After US Election Rout

Democrat Gina Hinojosa’s win in the Texas governor’s race exemplifies the uphill battle the data center buildout could face in the wake of the midterms. Election results threaten to slow infrastructure development and hamper the pace of AI rollouts that companies are counting on to boost their bottom lines. Bloomberg’s Brody Ford joins Carol Massar…

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Democrat Gina Hinojosa’s win in the Texas governor’s race exemplifies the uphill battle the data center buildout could face in the wake of the midterms. Election results threaten to slow infrastructure development and hamper the pace of AI rollouts that companies are counting on to boost their bottom lines. Bloomberg’s Brody Ford joins Carol Massar on “Bloomberg Tech.”
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