Digital Realty CEO Andrew Power stated on September 15 that a potential slowdown in AI development will not curb demand for data center infrastructure. He emphasized that cloud adoption, enterprise software, and other digital services continue to drive market needs.
The company currently operates approximately 3 GW of capacity across 300 facilities in 55 metropolitan areas. Its development pipeline has reached $20 billion, doubling from $10 billion at the end of 2023, with an additional 6 GW runway planned.
Global projections indicate that AI could account for 70% of data center demand by 2030, with total real estate investment potentially reaching $3 trillion over the next five years.
Digital Realty recently launched a 6.4 MW site in Nairobi and entered a joint venture for a 22 MW facility in Ankara. Additionally, the company secured a provisional 50 MW allocation in Singapore, a region where new approvals remain restricted.
