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

New Delhi [India], September 27 (ANI): Hyperscaler cloud revenues could exceed USD 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.The report noted that computing power represents an emerging, major market for digital assets, where standardized claims on processing capacity offer a practical…