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THE DAILY INDEX

Technology, AI, software, security, crypto and business

PROGRAMMING, DESIGN & DATA SCIENCE

TLDR

TIKTOK SAYS ITS SEARCH ENGINE USAGE RIVALS GOOGLE AMONG GEN Z

TikTok is primed to disrupt Google. New research shows that there is a closing gap between Google and TikTok's search engines, especially among Gen Z. Many people are turning to TikTok while searching for specific categories like fashion and beauty advice, cooking, entertainment, and DIY. If Google continues down its current path, we could be headed into a fragmented search world where ChatGPT handles complex queries, TikTok serves users who want audio-visual results, and Google plays the middle while hanging on to its market share.

ORACLE IS THE NEW NVIDIA, FOR BETTER OR WORSE

Oracle recently revealed in its fiscal first-quarter report that remaining performance obligations more than tripled from three months ago to $455 billion. The company has even more multibillion-dollar deals in the pipeline that could take that number past half a trillion. The sharp rise in revenue was fueled by demand for artificial-intelligence computing. Oracle now expects its cloud infrastructure revenue to hit $114 billion in the 2029 fiscal year.

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