Bloomberg Talks Snowflake CEO Sridhar Ramaswamy Talks Earnings, AI Demand
6 snips
Feb 26, 2026 
Sridhar Ramaswamy, CEO of Snowflake and leader of its enterprise AI and data cloud push, talks big AI-driven growth. He describes massive multi‑hundred‑million deals and how Cortex‑Code and partnerships speed customer adoption. He also covers dramatic developer speedups and the company’s rapid AI product organization.
AI Snips
Chapters
Transcript
Episode notes
Seven Nine-Figure Deals Including $400M Win
- Snowflake closed seven nine-figure deals including a single deal over $400 million, signaling large customer commitment.
- Sridhar Ramaswamy said the size reflects customer confidence in Snowflake's current products and future roadmap.
Enterprise AI Requires A Single Source Of Truth
- Enterprise AI needs a single source of truth with built-in security, auditability, trust, and access for practical adoption.
- Snowflake positions itself as that platform and pairs data governance with best-in-class models via partnerships.
Cortex-Code Keeps Data In Place And Wins Praise
- Cortex-Code is tightly integrated with customer Snowflake accounts so data never leaves the system and Snowflake never uses customer data to train models.
- Ramaswamy described partner feedback calling Cortex-Code like supplying bulldozers where previously they had showers.