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Oracle CEO Safra Catz said Monday that the company expects strong revenue growth in fiscal years 2026 and 2027, reflecting a surge in demand for advanced AI computing that shows no signs of slowing. Oracle projects a 15% revenue increase in fiscal 2026 and a 20% jump in fiscal 2027, according to LSEG data, exceeding analyst expectations. Image note: Image generated by AI.

American technology company Nvidia has recently completed its acquisition of Israeli software company Run:ai, with the collaboration aimed at further enhancing the management efficiency of AI cloud computing. Although the specific acquisition amount has not been disclosed, reports suggest the deal is valued at approximately $700 million. Nvidia announced that it will open source Run:ai's software to support the AI ecosystem more broadly. Run:ai's core software helps clients efficiently schedule Nvidia GPU resources, thereby optimizing AI computations.

TikTok pays Microsoft nearly $20 million monthly to access OpenAI's artificial intelligence models via Microsoft's cloud services, bringing approximately $1 billion in annual revenue to Microsoft's cloud division and highlighting the value of AI services in the tech industry. Should TikTok develop its own large language model, it may reduce its reliance on Microsoft's services. OpenAI previously suspended ByteDance's account to investigate whether it violated developer agreements. As OpenAI's exclusive cloud service provider, Microsoft has invested significant resources to support its models, such as ChatGPT.

The Google Gemini Pro large model is available to developers and businesses. Gemini Pro features a 32K context window and generative capabilities, supporting 38 languages and providing various SDKs and Google AI Studio to help developers build applications. Users can access Gemini Pro and Gemini Pro Vision for free. Google will launch a more powerful model, Gemini Ultra, and introduce more developers.