Digital Realty CEO Andrew Power stated that calls for a slowdown in AI development do not signify the "end of the world" for data center real estate, despite Digital Realty and Equinix stocks slumping on Monday due to warnings about AI advancements. Power emphasized that significant digital transformation and cloud computing growth, which are massive drivers for their business, have been "stifled" by the focus on AI. He added that Digital Realty's development pipeline totals $20 billion, up from $10 billion at the end of 2023, and the company has positioned its balance sheet to be resilient. Analysts agree that a slowdown would primarily affect training new AI models, while the real growth in data centers will come from AI adoption in daily workflows, which still has substantial runway.