Descriptions:
This August 12, 2026 edition of Bloomberg Tech covers a dense slate of AI infrastructure and market news, anchored by earnings results from two bellwether companies. CoreWeave posted revenue guidance that beat street expectations, driving the stock toward its best single-day gain since June 2025 — with analysts highlighting that high utilization of older NVIDIA chips (including A100s originally from 2020) is sustaining strong pricing and improving operating margins. Super Micro simultaneously forecast up to $15 billion in revenue for the current quarter, well above even the most bullish analyst estimates, cementing AI server demand as a durable growth driver despite ongoing gross margin pressure and a still-unresolved Chinese export investigation.
Beyond earnings, the program reports that AI coding agent startup Cognition is in talks to raise over $1 billion at a $40 billion valuation — up sharply from the $26 billion at which it raised a billion dollars less than three months ago. Silicon Data CEO Carmen Li confirms that CME GPU futures, settled against Silicon Data’s H100 and H100 Neo Cloud on-demand indices, are set to launch October 5. Morgan Stanley’s Michelle Weaver appears to discuss compute supply/demand dynamics, the open versus closed model debate, and New York State’s issuance of the first state-level moratorium on new data centers.
Additional segments cover Google’s Made by Google event unveiling the Pixel 11 lineup, the Manus/partner breakup under Beijing regulatory pressure, an OpenAI executive’s departure to start a new venture, and Uber divesting from Serve Robotics.
📺 Source: Bloomberg Tech · Published August 12, 2026
🏷️ Format: News Analysis
