AWS Faces Cloud Pressure as Canal+ Picks Google AI and Oracle Hikes Forecast
Canal+ will deploy Google's Veo 3 AI across production and streaming platforms in Europe and Africa from June 2026, increasing cloud competition for AWS. Oracle projects its AI data center build-out will drive up to 21% fourth-quarter revenue growth, intensifying hyperscale competition with AWS.
1. Canal+ and Google Cloud Partnership
French media group Canal+ signed a multi-year agreement with Google Cloud to integrate its Veo 3 video generative AI into production workflows and its streaming app. The rollout, starting June 2026 across European and African markets, will enable scene pre-visualization, historical moment recreation, content indexing and advanced recommendations.
2. Oracle Boosts AI Data Center Outlook
Oracle reported third-quarter revenue of $17 billion, beating estimates, and now forecasts AI-driven data center expansion will lift fourth-quarter revenue by up to 21%. The company is expanding cloud infrastructure to support partners like OpenAI and Meta, positioning itself as a stronger competitor to AWS.
3. U.S. Pushes AV Regulation Favoring Zoox
Transportation Secretary Sean Duffy advocated for streamlined self-driving rules at the inaugural Autonomous Vehicle Safety Forum, highlighting participation from Amazon-backed Zoox. Proposals include waivers for steering wheels and pedals, potentially accelerating Zoox’s commercial deployments.
4. Druckenmiller Rebalances AI Investments
Billionaire Stanley Druckenmiller exited a leading AI spender and acquired stakes in high-revenue AI firms such as Nvidia and Palantir. The shift underscores growing investor focus on companies with billion-dollar AI revenues.