BlackRock sees hyperscaler cloud revenue topping $1 trillion by 2030
In short
BlackRock said hyperscaler cloud revenues could go above $1 trillion a year by 2030. It tied the forecast to rising demand for computing power for AI and to the mix of AI with blockchain-based digital assets.
This matters for cloud providers and investors watching AI spending. The reporting does not name which companies will gain the most or give a shorter-term timeline.
What the reporting says
BlackRock projected that hyperscaler cloud revenues could exceed $1 trillion annually by 2030. The report said demand for computing power needed to train and run AI systems is the main driver, and it linked this to the growing convergence of AI and blockchain-based digital assets. The immediate implication is a more bullish long-term outlook for cloud infrastructure, while the exact company-level winners are not stated in the available reporting.
Why it matters
BlackRock’s report put hyperscaler cloud revenue above $1 trillion annually by 2030, with AI computing demand as the main growth driver. The report also said compute capacity is becoming a key economic resource as AI and blockchain-based digital assets converge. That points to potential benefits for cloud infrastructure providers, but the reporting does not identify specific winners or any near-term financial impact.