President-elect Donald Trump on Tuesday announced a $20 billion investment in US-based data centers by Hussain Sajwani, the billionaire founder of DAMAC Properties and a close business associate of the Trump family.

Dubai based billionaire Hussain Sajwani Tuesday January 07, 2025 announced a $20 billion investment in US data centers as U.S. President Elect Donald Trump watched standing behind him.

WASHINGTON (AP) — 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 partner of the Trump family.

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.

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

Dubai real estate developer Damac Properties will invest $20 billion in data centres across the United States, President-elect Donald Trump announced on Tuesday.

DAMAC Properties commits billions to U.S. data centers, showcasing Trump’s influence in attracting major investments

President-elect Donald Trump on Tuesday announced that a company from the UAE will invest $20 billion to build data centers in the U.S., primarily in the Midwest and Sun Belt.

Incoming U.S. President Donald Trump, discussed a slew of topics in an unbridled press conference on Tuesday, the first since his election

CES should be called the AI Show as Nvidia and an uncountable number of emerging vendors are infusing AI into their future offerings.

Marjorie Taylor Greene is unsurprisingly feeling empowered by Trump’s plan to change the Gulf of Mexico’s name to the “Gulf of America.” Trump floated the idea at a press conference on Tuesday, claiming that the United States already had ownership of the Gulf anyway.