·Archive August 12, 2026 01:07 UTC
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Signal: The bills are arriving: compute gets a futures market, a cloud doubles its revenue and its losses together, and India's IT desks empty out.
CoreWeave Doubled Revenue. It Also Doubled Its Losses.
Revenue climbed 112% to $2.58bn and the backlog reached $104bn, but the net loss widened to $626m from $290m and the eight-year-old company now carries $35bn of debt against annual capital spending it just guided to $35bn-$39bn.
Pulse 2.0: a $2.6bn loan priced at SOFR plus 5.50%, rated Ba2 and BB+

Compute Gets a Ticker: CME Will List GPU-Hour Futures
CME Group will list two futures contracts on the rental price of Nvidia H100 and B200 GPUs from 5 October, pending regulatory approval -- turning the input every AI system runs on into a hedgeable commodity with a public reference price.
Nvidia: H100 rental prices rose from $1.70 to $2.35 a GPU-hour since October The Next Web: six balance sheets, $500bn, and the circular-financing objection
Perth Scanned 130,000 Faces. London Starts Today.
WA Police scanned 130,000 faces against a 4,000-name watchlist in the trial's first week for 18 arrests, while British Transport Police expanded live face-scanning to the London Underground today -- after 530,000 UK rail scans produced zero arrests.
TechRadar: 530,000 faces scanned at UK stations since February, zero arrests Biometric Update: Aboriginal legal service calls the consultation 'an exercise in tokenism'
Ghost Note A Horror Game Where You Debate an AI's Soul