Hyperscaler cloud revenues projected to top $1 trillion by 2030 amid AI, digital asset convergence: Report

Economic Times Techen

Hyperscaler cloud revenues projected to top $1 trillion by 2030 amid AI, digital asset convergence: Report

Hyperscaler cloud revenues could exceed $1 trillion annually by 2030, driven by expanding demand for computing resources required to train and run artificial intelligence (AI) systems, according to a BlackRock report. It highlighted how compute capacity is turning into a vital economic resource as AI and blockchain-based digital assets increasingly converge.

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