Potential AI slowdown is not ‘end of the world’ for data center real estate, says Digital Realty CEO

Concerns about a potential slowdown in artificial intelligence advancement sparked declines in data center stocks, including shares of major real estate investment trusts Digital Realty and Equinix. Industry forecasts project that AI could represent approximately 70% of global data center capacity demand by 2030, with total capital investment needs reaching nearly $7 trillion and real estate comprising about $3 trillion of that total over five years.
Digital Realty CEO Andrew Power stated in an