Trump announces $20B plan to build new data centers in the US
President-elect Donald Trump has announced that Hussain Sajwani, an Emirati billionaire businessman who founded the property development giant DAMAC Properties, will invest $20 billion in new data centers across the United States.
Trump announces Damac to make $20B investment in U.S. data centers
Dubai property firm Damac Properties plans to invest $20B in data centers across the U.S., President-elect Donald J. Trump said on Tuesday during a news conference at his Mar-a-Lago resort. The investments will be made across the Midwest and Sunbelt regions.
Trump Announces Emirati Billionaire Will Invest $20B Into US Data Centers
Hussain Sajwani, a longtime Trump ally, announced a multibillion-dollar investment amid growing U.S. demand for AI and crypto infrastructure.
What does Donald Trump's presidency mean for US data centers?
Indeed Trump has already claimed an investment win, announcing earlier this month that UAE property firm Damac is to invest billions of dollars into developing data centers in the US. Damac says it intends to construct 2GW of data center capacity over the next four years.
Trump announces $500 billion AI investment for new data centers, jobs
President Trump announced a multibillion-dollar artificial intelligence infrastructure deal Tuesday with private tech companies, predicting the planned data centers will create more than 100,000 jobs in the U.
Trump announces up to $500 billion in private sector AI infrastructure investment
President Trump announced billions in private sector investment by OpenAI, Softbank and Oracle to build AI infrastructure in the U.S.
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Trump announces $20 billion data center investment by DAMAC
President-elect Donald Trump on Tuesday announced a $20 billion investment for data centers in the United States by an Emirati company led by billionaire Hussain Sajwani, a close business ...
Donald Trump wants to build more data centers in Texas. Can state's power grid handle it?
President-elect Donald Trump announced last week that Dubai developer DAMAC Properties will invest at least $20 billion “over ...
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President-elect Trump announces Damac to invest $20 billion in US data centers
UAE property firm Damac is to invest billions of dollars into developing data centers in the US. Speaking from his Mar-a-Lago resort in Palm Beach, Florida, President-elect Donald Trump ...
Stargate AI infrastructure project taps Texas for data centers
Stargate — the joint venture between OpenAI, Softbank and Oracle — is starting its AI infrastructure plans with 10 data centers in Texas.
Meet the 'Donald of Dubai' who's betting big on US data centers, has ties to Trump and Musk — and is worth $13 billion
Damac Group's Hussain Sajwani partnered with the president-elect to build a Trump-branded golf course and invested in Elon ...
OpenAI and other tech titans worked on Stargate deal months before Trump won
Such announcements aren’t without political risks, as OpenAI learned when Trump adviser Elon Musk criticized the deal on the ...
Could more data centers come to Oklahoma? UAE-based company announces $20B investment plan
A UAE investment firm planned to expand across eight states in the sunbelt. Government officials commented on the potential ...