DUBAI (Reuters) - Emirati billionaire Hussain Sajwani said on Friday he expects ... that he planned to invest $20 billion in data centres in eight U.S. states over the coming years. Sajwani, whose Dubai-based DAMAC Properties real estate firm owns the ...

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.

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

Billionaire Hussain Sajwani, a Trump associate and founder of the property development company DAMAC Properties, is pledging the money.

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's breezy rollout this week of a Dubai real estate developer's $20 billion pledge shows the chasm between tech's bold

Gov. McMaster painted rosy expectations for South Carolina's economy under President-elect Donald Trump. Data centers and electric vehicles will loom heavily.

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