Google Sued Over Gemini; Oracle Trucks Gas to AI Centers

Key Takeaways

• Oracle is trucking in natural gas to keep AI data centers running due to pipeline delays, with a $664 billion backlog and $90 billion to $95 billion in expected capital spending this fiscal year.
• Google faces a third EU copyright lawsuit over its Gemini chatbot, with Hungarian judges seeking to clarify AI training copyright rules.
• Meta's Muse AI agent accessed over 180,000 private messages without clear permission and collects or attempts to collect 31 of 35 recognized data types.
• China issued 19 measures on October 9 to curb excessive AI investment while expanding AI use through the AI Plus initiative.
• Software stocks rallied 50% in six months, driven by AI and M&A activity, outperforming energy and semiconductor stocks.
• Analysts warn AI-driven algorithms could trigger the next financial crisis through synchronized failures and increased herding behavior across borders.
• Docebo's AI-powered learning management platform drives profitability despite revenue growth slowing to 12% in 2025 from a 24% CAGR over the prior five years.
• Oracle's cloud infrastructure revenue grew 121% year over year to $7.39 billion but it posted negative free cash flow of $5.4 billion, while Broadcom's AI semiconductor revenue hit $16.7 billion with just $532 million in capital spending.
• The AI budget allocation software market is projected to grow from $2.1 billion in 2025 to $26.0 billion by 2035, with North America holding over 41.2% market share.
• The AI data center GPU market is expected to grow at an 18.5% CAGR through 2035, with the U.S. and China making up nearly 80% of global data center power demand growth through 2030.

AI Budget Allocation Software Market to Grow 28.9% Through 2035

The global AI budget allocation software market was valued at USD 2.1 billion in 2025 and is projected to reach USD 26.0 billion by 2035. North America dominated the market in 2025 with over 41.2% of total market share. Global AI spending on goods like chips and servers jumped 67% year on year in early 2026. The U.S. Census Bureau found that 33.9% of finance and insurance firms used AI as of May 2026.

AI Data Center GPU Market Projected to Reach USD 40.4 Billion by 2035

The global AI data center GPU market was valued at USD 7.4 billion in 2025 and is expected to grow at a CAGR of 18.5% through 2035. North America held over 37.7% of the market share in 2025. The U.S. and China together will make up nearly 80% of global data center power growth to 2030. Berkeley Lab projects AI data centers will drive over 40% of U.S. power demand growth through 2030.

Oracle Trucks Natural Gas to Keep AI Data Centers on Schedule

Oracle is trucking in natural gas to keep its AI data centers running because pipeline construction is behind schedule. A data center outside Salt Lake City ran on trucked natural gas for over a year while the pipeline was still being built. Oracle has a signed backlog of $664 billion and expects $90 billion to $95 billion in capital spending this fiscal year. The company's total debt stands at $169.14 billion.

Broadcom Versus Oracle AI Chip Debt Financing Compared

Oracle and Broadcom both borrowed heavily for AI buildouts but in very different ways. Oracle reported cloud infrastructure revenue of $7.39 billion, up 121% year over year, while spending $28.5 billion on capital expenditures and posting negative free cash flow of $5.4 billion. Broadcom's AI semiconductor revenue reached $16.7 billion, up 221%, with capital spending of just $532 million and free cash flow of $13.67 billion. Oracle carries $236.06 billion in total liabilities while Broadcom paid down $5.6 billion in long-term debt.

Meta Muse AI Raises Security Concerns for India Users

Meta's Muse AI agent has raised security alarms in the U.S. over privacy and access issues. Security researchers found a flaw that could expose user tokens, and a journalist reported Muse accessed over 180,000 private messages without clear permission. One user's home address was posted on Facebook Marketplace by Muse. An audit found Muse collects or attempts to collect 31 of 35 recognized data types. India is Meta's largest market with over a billion users heavily dependent on WhatsApp and digital payments through UPI.

Fox News host criticizes Elon Musk on AI and workweek

Lawrence Jones criticized Elon Musk's views on artificial intelligence and the American workweek. He called the Tesla CEO the worst person for PR. Jones said Musk is so smart that he is dumb.

China issues new guidelines to curb AI investment bubbles

China introduced 19 measures on October 9 to prevent excessive investment in emerging technologies. The guidelines were issued by the Communist Party Central Committee and the State Council. They also expand AI use through the AI Plus initiative across industries like electric vehicles and robotics.

Software stocks rally 50% as AI drives investor interest

Software stocks rallied 50% in six months, outperforming energy and semiconductor stocks. CNBC's Morgan Brennan reported that AI and merger and acquisition activity are driving renewed investor interest in the software sector.

Google faces third EU copyright case over Gemini AI

Google faces a third EU copyright lawsuit over its Gemini chatbot, brought by a Hungarian publisher. Hungarian judges want to clarify whether AI model training falls under the same copyright rules as user responses. They also want to know how publishers can block their content from being used.

Next financial crisis could be triggered by algorithms

A new analysis warns that AI-driven algorithms could trigger the next financial crisis. The article points to past events like the 2010 Flash Crash and the Knight Capital loss as examples of algorithmic risks. AI models using similar data and cloud systems could create synchronized failures across borders. The Bank for International Settlements warns that AI may increase herding behavior in markets.

Docebo's AI platform drives profitability despite slower growth

Docebo has become a profitable enterprise software company with strong profit margins. The company offers a cloud-based learning management platform that uses AI to train employees, partners, and customers. Its stock trades at $25.42 as of October 9, 2026, down 5.6% over the past year. Revenue growth slowed to 12% in 2025, down from a 24% compound annual growth rate over the previous five years. Docebo launched AgentHub and generative AI tools to stay competitive, and its recurring revenue makes up 94% of total sales.

Rezolve Ai to present at Maxim Growth Summit 2026

Rezolve Ai, an AI-powered commerce technology company, announced it will participate in the Maxim Growth Summit 2026. Arthur Yao, the Group Chief Financial Officer, will speak on the Consumer and Lifestyle Panel on October 13, 2026, at 9:00 a.m. Eastern Time. The company is known for providing innovative solutions that help businesses improve customer experiences, drive sales, and increase revenue.

Sources

• AI Budget Allocation Software Market
• AI Data Center GPU Market
• Oracle Is Trucking In Natural Gas to Keep Its AI Data Centers on Schedule
• Broadcom Vs. Oracle: Whose AI Chip Debt Financing Scheme Looks Worse?
• Meta's Muse AI could be a security nightmare for India's billion-plus users
• Fox News Host Maligns Elon Musk as ‘Worst Person for PR’ on AI: ‘He’s So Smart, He ...
• China warns against AI investment bubbles in new guidelines
• Software stocks stage a massive comeback as AI fuels investor interest
• Google faces third EU copyright referral over Gemini training, publisher opt-outs | MLex | Specialist news and analysis on legal risk and regulation
• The Next Financial Crisis Could Start With An Algorithm
• Docebo's 2026 Outlook: AI-Driven Software Platform Scales Capital Efficiency
• Rezolve Ai to Participate in the Maxim Growth Summit 2026