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Prediction: This Artificial Intelligence (AI) Company Will Reshape Cloud Infrastructure by 2030

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Key Points

  • The cloud infrastructure space got a jump start thanks to the surge in demand for AI.

  • Oracle Cloud Infrastructure (OCI) recently signed a flurry of deals that could take its business to the next level.

  • The company is on a path to become one of the world’s largest cloud providers.

  • 10 stocks we like better than Oracle ›

The advent of modern cloud computing is largely attributed to Amazon, which pioneered cloud infrastructure services with the introduction of Amazon Web Services (AWS) in 2002. The industry has evolved over time, but the basics remain the same: Providers offer on-demand, scalable computing, software, data storage, and networking capabilities to any business with an internet connection.

After a period of slower growth, the cloud infrastructure space got a jump start thanks to recent developments in the field of artificial intelligence (AI). However, the large language models that underpin the technology require a great deal of computational horsepower, which typically isn’t available outside a data center. As a result, the demand for cloud infrastructure services has skyrocketed in recent years, and it’s expected only to grow from here.

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Recent developments suggest there could be a big shakeup coming to the cloud infrastructure space, led by technology stalwart Oracle (NYSE: ORCL).

Image source: Getty Images.

Skyrocketing demand for Oracle Cloud

While the company is primarily known for its flagship Oracle Database, it offers customers a growing suite of enterprise software, integrated cloud applications, and cloud infrastructure services.

Oracle Cloud Infrastructure (OCI) has long trailed the Big Three cloud providers. To close out the calendar second quarter, AWS, Microsoft Azure, and Alphabet‘s Google Cloud controlled 30%, 20%, and 13% of the market, respectively, according to data compiled by Statista. Oracle ran a distant fifth with 3% of the market.

Yet, recent developments suggest a paradigm shift in the status quo. When Oracle released the results of its fiscal 2026 first quarter (ended Aug. 31), the headline numbers were largely business as usual. Total revenue grew 11% year over year to $14.9 billion, while its adjusted earnings per share (EPS) of $1.47 grew 6%.

However, investors were taken aback by the magnitude of Oracle’s backlog, as its remaining performance obligation (RPO) — or contractual obligations not yet included in revenue — surged 359% year over year to $455 billion. Perhaps more impressive is the $317 billion in contracts signed during the first quarter alone.

Oracle’s position as a trusted partner to enterprise made it “the go-to place for AI workloads,” according to CEO Safra Catz. If that wasn’t enough, she went on to say, “We expect to sign-up several additional multi-billion-dollar customers and RPO is likely to exceed half-a-trillion dollars.”

Breaking down that backlog shows that Oracle will be reaping the benefit of those deals for years to come:

  • Fiscal 2026 cloud revenue of $18 billion, up 77%
  • Fiscal 2027 cloud revenue of $32 billion, up 78%
  • Fiscal 2028 cloud revenue of $73 billion, up 128%
  • Fiscal 2029 cloud revenue of $114 billion, up 56%
  • Fiscal 2030 cloud revenue of $144 billion, up 26%

The company notes that the majority of the revenue in this outlook is already booked in RPO, so there are contracts backing these forecasts. If Oracle is able to reach these lofty benchmarks, and that’s still a big if, OCI will join the big leagues of cloud infrastructure and could potentially unseat one or more of the Big Three.

A changing of the guard?

As previously stated, Amazon, Microsoft, and Google top the list of cloud infrastructure providers, so it helps to see where they stand. During the first six months of 2025, AWS generated revenue of $60.1 billion, up 17%, suggesting a run rate of $120 billion. During the same period, Google Cloud’s revenue came in at $25.9 billion, up 30%, suggesting a run rate of about $51.8 billion. Microsoft doesn’t generally break out Azure’s revenue, but it recently revealed that for fiscal 2025 (ended June 30), Azure surpassed $75 billion in revenue, up 34%.

Given the limitations, this is obviously not an apples-to-apples comparison, but it provides us with a starting point. Taking these extrapolated figures and applying their most recent growth rates over the coming four years, here’s where the Big Three would stand by the end of calendar 2029 compared to Oracle:

  • AWS: $225 billion
  • Azure: $241 billion
  • Google Cloud: $157 billion
  • Oracle: $144 billion

Using our imperfect information and assuming Oracle can turn its RPO into cloud revenue, this exercise shows a path for OCI to mount a challenge to the Big Three over the next five years.

To be clear, this is fun with numbers, and life doesn’t occur in a vacuum. All of our cloud infrastructure providers will likely grow more quickly or more slowly than our examples suggest. One of the upstart neocloud providers could capture an outsize portion of the market. There are plenty of other examples of what could go very right or very wrong, but you get the idea.

To buy or not to buy?

The recent surge in Oracle’s stock price has had a commensurate impact on its valuation, which appears lofty at first glance. The stock is selling for 38 times next year’s earnings, which is certainly a premium. However, using the more appropriate forward price/earnings-to-growth (PEG) ratio, which accounts for the company’s growth trajectory, the multiple comes in at 0.8, when any number less than 1 is the standard for an undervalued stock.

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Danny Vena has positions in Alphabet, Amazon, and Microsoft. The Motley Fool has positions in and recommends Alphabet, Amazon, Microsoft, and Oracle. The Motley Fool recommends the following options: long January 2026 $395 calls on Microsoft and short January 2026 $405 calls on Microsoft. The Motley Fool has a disclosure policy.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.



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Payhawk transforms spending experience for businesses with four enterprise-ready AI agents

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  • Financial Controller, Procurement, Travel, and Payments agents act within policy – giving finance more control and eliminating busywork.
  • For employees, forms, tickets, policies, reports and finance jargon are replaced with natural language conversation.
  • Payhawk’s Fall ’25 Product Edition also includes global payments at 0.3% FX in 115 currencies.

LONDON, Sept. 16, 2025 (GLOBE NEWSWIRE) — Payhawk, the finance orchestration and spend management platform, today announced its Fall ’25 Product Edition, expanding its AI Office of the CFO stack. The release brings a coordinated set of AI agents — Financial Controller, Procurement, Travel, and Payments — that complete everyday finance work, following the roles, policies, and approvals finance already sets with a full audit trail.

Employees make natural-language requests, and the agents guide them end-to-end through each process, collecting approvals in the background. Over time, agents learn preferences and anticipate needs, so tasks are completed faster and with less wasted effort.

“Enterprises don’t need more chat, they need outcomes,” said Hristo Borisov, CEO and Co-founder of Payhawk. “The majority of agents on the market today lack enterprise capabilities to be adopted at scale, such as permissions, policies, multi-tenancy, audit trails, and data security standards – all absolutely critical when it comes to business payments. Our AI agents act within your controls and finish real finance tasks, so the easy thing for employees is also the right thing for the business.”

Invisible orchestration by design

Payhawk’s agents operate within existing roles, permissions, and policies, keeping data in-platform and logging every action for auditability. Finance teams gain control and visibility, while repetitive busywork is eliminated.

What each аgent handles

  • Financial Controller Agent — Speeds up month-end closing by chasing receipts and uploading documents from vendor portals automatically, flagging anomalies, and escalating reminders around close. Expenses are submitted 2x faster.
  • Procurement Agent — Employees say what they need; the agent gathers context, applies budgets and policy, routes approvals, increases card limits or creates purchase orders — no forms, fewer tickets and reminders. Request to purchase time reduced by 60%.
  • Travel Agent — Books within policy via natural language based on user preferences, then auto-creates a trip report and groups expenses for one-click approval and ERP export. Saves up to 90 minutes per trip.
  • Payments Agent — Deflects approximately 40% of helpdesk work for your finance team by giving instant answers on failed transactions, blocked cards, pending reimbursements or funding issues and proposes compliant next steps.

Beyond the release of the AI Office of the CFO, Payhawk’s Fall ’25 Product Edition includes global payments at 0.3% FX in 115 currencies in partnership with JP Morgan Payments, enhanced role/permission controls, and additional platform improvements.

Payhawk will be hosting a product showcase on October 2nd 2025. To sign up, visit https://payhawk.com/editions/fall-2025.

About Payhawk

Payhawk is the finance orchestration platform that unifies global spend management with intelligent automation and real-time payments. Our solution combines corporate cards, expense management, accounts payable, and procure-to-pay in a single platform — eliminating manual processes that slow companies down.

Unlike solutions that force a trade-off between powerful controls and great user experience, Payhawk delivers both, enabling finance teams to drive efficiency and growth while maintaining control. Headquartered in London with 9 offices across Europe and the US, Payhawk serves mid-market and enterprise companies in 32+ countries. Learn more at www.payhawk.com.

Georgi Ivanov
Senior Communications Manager
georgi.ivanov@payhawk.com

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/e27967d8-aa3f-4532-a4f4-d36c2a530404

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Former xAI CFO Named OpenAI’s New Business Finance Officer

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OpenAI has hired Mike Liberatore, the former chief financial officer at Elon Musk’s AI company xAI, CNBC reported on September 16. 

Liberatore’s LinkedIn profile lists his current role as the business finance officer at OpenAI. His tenure at xAI lasted merely four months, and previously, he worked as the vice president of finance and corporate development at Airbnb. 

The report added that Liberatore will report to OpenAI’s current CFO, Sarah Friar, and will work with co-founder Greg Brockman’s team, which manages the contracts and capital behind the company’s compute strategy. 

According to The Wall Street Journal’s report, Liberatore was involved with xAI’s funding efforts, including a $5 billion debt sale in June. He also oversaw xAI’s data centre expansion in Memphis, Tennessee, in the United States. The reasons for his departure remain unknown. 

Liberatore is an addition to the list of recent high-profile departures from xAI. Last month, Robert Keele, who was the general counsel at the company, announced his departure, stating that there were differences between his worldviews and Musk’s. 

The WSJ report also added that Raghu Rao, a senior lawyer overseeing the commercial and legal affairs for the company, left around the same time. 

Furthermore, Igor Babuschkin, the co-founder of the company, also announced last month that he was leaving xAI to start his own venture capital firm. 

That being said, Liberatore’s appointment at OpenAI comes at a time when the company has announced significant structural changes. 

OpenAI recently announced that its nonprofit division will now be ‘paired’ with a stake in its public benefit corporation (PBC), valued at over $100 billion. The company also announced it has signed a memorandum of understanding with Microsoft to transform its for-profit arm into a PBC. This structural change was initially announced by OpenAI in May. 



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Google Advisor Explains Why ESG-Led AI Is Essential For Business Resilience In The Future Of Work

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This article is based on the
Future of Work Podcast episode “Why AI and ESG Must Evolve Together to Protect the Future of Work” with Kate O’Neill. Click here to listen to the entire episode.

In the rush to innovate, are today’s leaders forgetting why they started? 

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Businesses chasing AI without aligning to human-centered metrics risk building beautiful systems that fail spectacularly.

In a recent episode of The Future of Work® Podcast, Kate O’Neill, CEO of KO Insights and a seasoned digital transformation strategist, delivered a critical message to today’s business leaders: you must stop chasing metrics in isolation and start thinking in terms of ecosystems. 

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As AI becomes an increasingly central part of how organizations operate, leaders face a choice: retrofit outdated success models to new technologies, or reimagine the system altogether through the lens of purpose, resilience, and human flourishing.

With a career advising clients as varied as Google, McDonald’s, and the United Nations, O’Neill isn’t a futurist just making vague predictions. She’s a strategist with a clear framework and a call to action to solve AI integration problems: align artificial intelligence initiatives with Environmental, Social, and Governance (ESG) principles — not in name only, but in measurable, mission-driven ways that track real-world outcomes.

“I think ESG as a concept is valid. It’s not the principles that are wrong. It’s that we’ve been measuring the wrong things,” she said during the podcast conversation. 

This insight forms the cornerstone of O’Neill’s approach. In a world captivated by AI’s predictive capabilities and automation potential, organizations often overlook the encompassing impact of their decisions. 

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Are these technologies improving lives? Are they regenerating ecosystems — social or environmental — rather than extracting from them? Too often, she explains, companies confuse compliance with progress, chasing ESG as a branding exercise instead of a structural transformation.

This critique is not about abandoning ESG or digital transformation. Quite the opposite. It’s about evolving both.

From Checklists to Systems Thinking

The past decade has seen ESG reporting become a staple of corporate responsibility efforts. But O’Neill points out a flaw: ESG frameworks often push businesses to focus on standardized inputs and outputs rather than actual impact

These rubrics, while helpful for consistency, can fail to reflect the lived experience of people and communities affected by a company’s operations.

Instead, she argues for aligning with the United Nations Sustainable Development Goals (SDGs), a framework of 17 interrelated goals with actionable metrics designed to improve life for all — not just shareholders.

To her, that’s a better approach, as most businesses are doing something that could be furthering the SDGs, but they just don’t necessarily realize it.

From water access and infrastructure to gender equality and education, the SDGs provide a nuanced, flexible way for companies to identify where their operations already intersect with meaningful societal progress. 

More importantly, they allow companies to evolve those operations in a direction that’s measurable, values-aligned, and resilient.

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Making ESG Real in the Age of AI

AI technologies are tools that mirror the systems they’re built within. When integrated blindly, AI can amplify inequities and environmental damage. But when aligned with well-defined social goals, it can act as a force multiplier for good.

Consider how companies often rush to replace human labor with AI in the name of efficiency. O’Neill challenges this logic, not just from a social justice perspective but from a business strategy standpoint. In many cases, this kind of substitution overlooks deeper ESG implications — regional job displacement, lost organizational knowledge, reduced resilience in the face of uncertainty.

“Additive” use of AI, she argues, is far more effective than “replacing” strategies. Enhancing human capability, rather than removing it, yields more sustainable organizations.

This philosophy stems from a fundamental distinction O’Neill highlights: the difference between sense-making and prediction.

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Humans interpret, synthesize, and apply judgment. Machines, even the most advanced AI, rely on data and probability. One of her favorite analogies comes from healthcare: a doctor can hear the emotional nuance in a teenager’s “I’m fine” — something no large language model can reliably decode today. 

In complex systems — like health, education, or public infrastructure — nuance matters.

A Fast-Changing Landscape Needs Slow, Strategic Thinking

Much of the anxiety among today’s executives comes from the pace of change. Technology is moving faster than ever, and leaders are under pressure to act quickly or risk irrelevance. But as O’Neill notes, movement alone isn’t enough. Strategic motion — guided by values and grounded in measurable, ecosystem-wide outcomes — is what will separate resilient organizations from fragile ones.

The goal is progress, not perfection, and that progress requires recognizing the trade-offs embedded in every transformation decision.

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We are already seeing early-stage consequences: water-intensive AI data centers straining local ecosystems; workers displaced without meaningful re-skilling pathways; energy use surging in areas already vulnerable to climate stress. 

What Companies Can Do Now

The path forward, according to O’Neill, is rooted in clarity, alignment, and iteration. Businesses don’t need to pivot overnight or rebuild their operations from scratch. They need to take stock of what they already do well, identify the SDG most aligned with their mission, and begin tracking meaningful, relevant metrics that reflect their contribution to a better future.

This can be as simple as adding one SDG-aligned KPI to a leadership dashboard or as complex as redesigning hiring practices to retain knowledge and community ties. What matters most is the intentionality behind the action.

For leaders struggling with how to begin, O’Neill offers practical guidance: don’t wait for perfect information. Move. Learn. Adapt. Align technology strategy with purpose — not in a silo, but as part of a larger ecosystem of human and planetary thriving. Because in the future of work, success will be defined by how wisely we integrated AI into the human systems that sustain us.

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