Prologis CEO Sees Long AI Data Center Demand

Prologis CEO Dan Letter anticipates sustained demand for data centers driven by artificial intelligence, despite geopolitical risks impacting global logistics. The company's strong ties with hyperscalers and its robust balance sheet position it well to capitalize on this trend. Prologis is actively securing long-term power capacity to support this growth. Letter expressed optimism about the ongoing expansion of the data center sector, highlighting its resilience and future potential within the logistics and shipping industry.