Emirati billionaire Hussain Sajwani promised a $20 billion investment in the booming U.S. data center industry in the coming ...

President-elect Trump announced Tuesday that Emirati billionaire Hussain Sajwani plans to invest $20 billion in the United ...

Over half of the investment is reserved for infrastructure. Microsoft President Brad Smith frames AI investment as key to ...

Hussain Sajwani, a longtime Trump ally, announced a multibillion-dollar investment amid growing U.S. demand for AI and crypto ...

The deal follows strong investor interest in businesses connected to the AI boom.

Australia's Macquarie on Tuesday agreed to take a 15% stake in Applied Digital's high-performance computing business and ...

Data centers, the beating heart of AI innovation, are now projected to use more electricity than many major cities, creating an unexpected investment opportunity in the energy sector. Recent ...

Billionaire Hussain Sajwani, a Trump associate and chairman of the property development company DAMAC, is pledging the money, the source said.

Amazon announced Dec. 16 that it’s planning to invest another $10 billion in Ohio to expand its data center infrastructure in the state. In a joint announcement with Gov. Mike DeWine, the ...

Microsoft plans to invest $80 billion in developing AI-focused data centers by 2025. This follows OpenAI's launch of ChatGPT ...