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Who Is the Developer Behind Trump’s $20 Billion Data Center Pledge?
Hussain Sajwani, the founder and chairman of DAMAC Properties of Dubai, built the first Trump-branded golf course in the Middle East a decade ago.
Data center companies investing in Brazil
Brazil is rapidly emerging as a key hub for data centers, with billions of dollars in investments expected in the coming years. The surge is largely attributed to the exponential rise of artificial intelligence and growth constraints in larger markets in the U.
Trump unveils $20 billion investment in American data centers
Trump said the investor is Emirati billionaire Hussain Sajwani, chairman of DAMAC properties. U.S. President-elect Donald Trump on Tuesday announced a $20 billion new investment to build data centers across the United States.
Trump, Dubai Billionaire Unveil $20 Billion for US Data Centers
President-elect Donald Trump announces an investment of at least $20 billion from Hussain Sajwani, head of Damac Group, to build new data centers in the US.The investment will support massive new data centers across the Midwest,
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 announces Dubai company will invest at least $20 billion in U.S. data centers
Dubai developer DAMAC Properties will invest at least $20 billion "over a very short period of time" in the U.S., primarily in data centers in the middle of the country, President-elect Donald Trump announced Tuesday,
Trump says Dubai billionaire Hussain Sajwani will invest $20 billion into U.S. data centers
"He was very inspired by the election and wouldn't do it without the election," Trump said.
1d
on MSN
AWS says it’ll invest ‘at least’ $11B to expand data center infrastructure in Georgia
Amazon's cloud computing division says that it plans to invest "at least" $11 billion in Georgia to expand its data center ...
Bisnow
5h
Viable But Not Preferred: Why Warehouse Conversions Won’t Quench Data Center Demand
Despite the rise of generative AI, high costs and design hurdles means converting warehouses to data centers only makes sense ...
2d
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 ...
8h
More than 1K acres of data center projects in pipeline across DFW
In Garland, Prime Data Centers wants to develop a data center on a roughly 54-acre site on the northeast corner of Arapho ...
Bisnow
3d
What's Next For The AI Hype Cycle And The Data Center Boom? Industry Leaders Make 2025 Predictions
Big Tech hyperscalers like Amazon, Microsoft and Meta will expand development pipelines as they pursue gigawatt-scale ...
1d
on MSN
Data Center Operator Digital Realty Is Now a Buy, Says UBS
Digital Realty shares rose 32% last year as demand for artificial intelligence capacity soared but data center space remained ...
7h
on MSN
Dallas firms plan another data center campus with $1 billion price tag
Real estate firm Lincoln Property Company, fiber internet provider Gigabit Fiber and investment firm Tradition Holdings ...
1d
on MSN
OpenAI’s Sam Altman urges Trump to ease power plant, data center construction
OpenAI CEO Sam Altman suggested that President-elect Trump should ease restrictions on data center and power plant ...
Network World
1d
Point2 aims to cut data center power consumption through smart cabling
Point2 doesn’t make the cabling, but it makes SoCs that are used in network cabling, says David Kuo, associate vice president ...
FOX6 News Milwaukee on MSN
1d
Port Washington data center project; first meeting held
For the first time, Port Washington leaders discussed what one company wants to build on the city's north side on Tuesday ...
Datacenter Dynamics
12h
Data center M&A 2024: A record-breaking year
2024 has been another milestone year for the data center industry. Records were broken for mergers and acquisitions at the ...
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