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Today’s Storystream

Cybercriminals are abusing Google Cloud’s own email automation tools to deliver convincing phishing messages that bypass standard security checks, researchers warn. The campaign uses legitimate Google-branded notifications to lure victims into credential-stealing traps via multi-stage redirects. Thousands of emails targeted firms across finance, tech, manufacturing, and retail before Google moved to shut down the abuse.

AI adoption is pushing cloud costs into uncharted territory for midsize tech firms. A new survey of CFOs finds companies now devote roughly 10% of revenue to cloud services, with AI workloads accounting for more than a fifth of spending. Unpredictable training and inference spikes are causing sharp month-to-month bill swings, forcing finance and IT leaders to rethink forecasting, pricing, and internal controls.

Analysts expect Google’s cloud and artificial intelligence momentum to carry into 2026, with forecasts pointing to roughly 23% upside in the stock. Strong enterprise demand pushed Google Cloud’s backlog to a record $155 billion, reinforcing confidence in sustained revenue growth. While heavy AI infrastructure spending may slow earnings growth, many analysts believe cloud scale and AI integration across search could support higher valuations.

Brookfield is preparing to launch a cloud business that leases AI chips directly from its data centers, signaling a push for tighter control across the AI infrastructure stack. Linked to a new $10 billion AI fund, the effort includes a Brookfield-operated cloud unit, Radiant, with priority access to new facilities in Europe and the Middle East, according to The Information.

Oracle president Mark Hura sold nearly $3 million in company shares as Oracle accelerates spending on cloud and AI expansion. The sale comes while cloud revenue continues to climb, supported by partnerships such as OpenAI, even as capital expenditure rises and net debt crosses $100 billion. The move underscores growing investor focus on whether Oracle can sustain cloud momentum without further straining cash flow.

IDC’s 2025 MarketScape report identifies Tencent Cloud as a Leader in AI-enabled front office conversational software, pointing to strong uptake across Asia-Pacific enterprises. The analysis highlights how organizations in hospitality, finance, and logistics now use conversational AI to handle complex, real-time tasks. According to IDC, this shift marks conversational AI’s transition from basic chat support to a core layer in customer service and operational workflows.