Dubai-based developer of Surfside collapse site plans $20B US data centers investment
Now, Sajwani, who has had close ties with Trump and his family over the years, seemingly has plans to supercharge the firm’s U.S. investment. Sajwani, who is in his early 70s, was at Mar-a-Lago Club in Palm Beach when Trump made the announcement of Damac’s data centers bet.
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’s $20B Data Center Investment Announcement Underscores the Race for Data Center Capacity
Ahead of his inauguration at the end of January, President-elect Donald Trump announced that Damac Properties, controlled by Emirati
Trump announces $20 billion data center investment by DAMAC
DAMAC Properties commits billions to U.S. data centers, showcasing Trump’s influence in attracting major investments
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 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,
UAE billionaire Hussain Sajwani, Donald Trump announce $20bn investment in US data centres
Dubai real estate developer Damac Properties will invest $20 billion in data centres across the United States, President-elect Donald Trump announced on Tuesday.
‘His Agenda Coming To Life’: Trump Secures Massive Foreign Investment To Build Out US Data Centers
President-elect Donald Trump announced a $20 billion foreign investment in new data centers Tuesday. The pronouncement came during Trump’s pre-inauguration
Trump: Michigan set to get part of $20 billion in new data centers
The president-elect said DAMAC Properties will invest in new data centers across the US now that he has been elected.
Trump Announces $20B US Investment by Emirati Businessman
President-elect Donald Trump is expected to announce a $20 billion investment into building data centers in the United States by the Emirati company led by a billionaire who is a close business partne
Trump Trade: New administration to invest $20B to build data centers
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'The sky is the limit' on Damac investment in the U.S., Dubai property giant's chief says
"We can use initially our own financial resources, but then [in the] second phase we can use [a] third party's money," ...
Behind Trump's deal with Dubai's DAMAC Properties
President-elect Donald Trump announced a deal with Dubai developer DAMAC Properties for an investment of at least $20 billion ...
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$20 Billion Investment In AI And Cloud Services Could Bring Thousands Of Jobs To Oklahoma
DAMAC Properties plans a $20 billion investment in U.S. data centers, including in Oklahoma, potentially creating thousands of jobs and boosting the state's role in AI and cloud technology.
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Damac to tokenise $1bn in real estate
Damac Group, the Dubai property company, has partnered with the Hong Kong-based blockchain platform Mantra to tokenise assets ...