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.

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

Ohio will be getting new major data center infrastructure in a $20 billion foreign investment announced by President-elect Donald Trump. Trump announced the investment Wednesday with United Arab Emrites billionaire Hussain Sajwani,

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

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.

President-elect Donald Trump drew another expression of support on Tuesday, as a billionaire businessman from the United Arab Emirates, Hussain Sajwani, promised to spend at least $20 billion in the U.

Emirati billionaire Hussain Sajwani's planned $20 billion investment in US data centres deepens ties he established with president-elect Donald Trump nearly a decade ago, and marks a return to one of the hallmarks of the Republican's first term in office.

President-elect Trump — whose power was immense after his comeback win, enhanced by the coming full Republican control of Congress — has expanded that power substantially in the nine weeks since his victory.

A thawing in commercial real estate investment is expected to occur this year. How much of a thaw will occur is hard to predict, though.

A United Arab Emirates investment firm has pledged $20 billion to build new data centers targeting AI across a number of locations across the United States.