BlackRock: Hyperscaler cloud revenue to top $1 trillion a year by 2030

BlackRock projects hyperscaler cloud revenue could exceed $1 trillion annually by 2030, driven by demand for compute to train and run AI systems. The report highlights the convergence of AI and digital assets, with compute capacity becoming an economic resource and AI agents paying for infrastructure via stablecoins and protocols such as x402.

• BlackRock sees hyperscaler cloud revenue above $1 trillion a year by 2030
• AI training and inference demand is the key growth driver
• AI agents could buy compute via stablecoins and protocols like x402 and ACP
• The market is still early: compute-claim liquidity and agent transaction volume remain modest