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.
Emirati billionaire to invest $20 bln in US data centers, Trump says
Emirati billionaire Hussain Sajwani promised a $20 billion investment in the booming U.S. data center industry in the coming years, he and U.S. President-elect Donald Trump announced on Tuesday at Trump's home in Palm Beach,
Trump Touts New $20B Data Center Investment In US
President-election Donald Trump said billionaire DAMAC Properties’ Hussain Sajwani was “inspired” to make the investment by the results of the U.S. presidential election. The first phase of the project will take place in Texas,
Trump Announces $20 Billion Data Centers, Claims Windmills Make Whales Insane
Incoming President Donald Trump opened a press conference at Mar-a-Lago on January 7 by announcing a business deal. More data centers, he said, were coming to the U.S. courtesy of a businessman from Dubai.
Trump announces $20 billion in new data centers in post-certification address
President-elect Trump held a press conference at Mar-a-Lago on Tuesday, one day after Vice President Kamala Harris certified his election victory.
Trump Sparks $20 Billion Data Center Boom Across the U.S.
Hussain Sajwani, chairman of DAMAC Properties, just dropped a bombshell: $20 billion is heading straight into U.S. data centers. President-elect Donald Trump announced the deal at Mar-a-Lago, calling it a game-changer for America's tech edge.
Trump and Sajwani's Ambitious $20B Data Center Investment
Donald Trump announced a $20 billion investment by Emirati billionaire Hussain Sajwani to build data centers in the U.S. The move aligns with the tech industry's race to enhance AI capabilities. Global spending on data centers is projected to exceed $250 billion by 2030.
Trump announces $20B investment from Middle East billionaire to build US data centers
Tech companies have been racing o to set up data centers essential for powering generative artificial intelligence applications such as OpenAI's ChatGPT and Google Gemini, which require immense computing power.
Trump: Dubai billionaire to build $20B in AI data centers in U.S.
President-elect Donald Trump said Tuesday that an Emirate billionaire who has partnered with his family’s real estate company is investing $20 billion in U.S. for artificial intelligence (AI) data cen
Donald Trump Announces Dubai Billionaire Pledged $20 Billion To Build U.S. Data Centers
The United Arab Emirates-based billionaire Hussain Sajwani will invest $20 billion toward building data centers in the U.S., President-elect Donald Trump announced Tuesday, disclosing a massive investment in a burgeoning American industry and deepening his yearslong ties with Sajwani.
Trump announces $20 billion AI data center deal
Donald Trump announced a $20 billion deal with Damac Group’s Hussain Sajwani to build state-of-the-art AI data centers across America.
3 Digital Infrastructure ETFs In Focus As Trump Reveals Billion-Dollar Data Center Construction Plan
iShares U.S. Technology ETF IYW has $20.5 billion funds under management and charges an expense ratio of 0.39%. It derives ...
URAN And WISE: Nuclear Energy Correlates With AI Hype As President Trump Promises Nuclear Reforms
Rising data center power demands, driven by AI adoption, highlight the increasing importance of nuclear energy for efficient ...
Data Center Energy Demand Fueled Massive Gains For Utility Stocks In 2024
Utilities, the lowest-performing S&P 500 sector in 2023, rebounded strongly in 2024, reflecting a major shift in electricity ...