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.
Compass to invest $10 billion in Mississippi data center campus
Compass Datacenters is to invest $10 billion in a new data center campus in Mississippi. As announced by Mississippi Governor Tate Reeves this week, the company will develop a site in Meridian, Lauderdale County. The 500MW campus will consist of eight data centers constructed over an eight-year period. Further details were not shared.
Trump Trade: New administration to invest $20B to build data centers
Catch up on the top industries and stocks that were impacted, or were predicted to be impacted, by the comments, actions and policies of
Trump Secures $20B UAE Investment for New U.S. Data Centers
President-elect Donald Trump announced a $20 billion foreign investment from Emirati billionaire Hussain Sajwani, the founder of DAMAC Properties. The investment will be used to build new data centers across the U.
What we know about Trump, Ohio and a Dubai billionaire’s incoming data centers
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,
Donald Trump Announces Dubai Billionaire Pledged $20 Billion To Build U.S. Data Centers
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.
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.
Who is Hussain Sajwani, the developer behind Trump's $20 billion data center pledge?
Hussain Sajwani, CEO of DAMAC Properties, confirmed a significant $20 billion investment in the U.S. during a recent Mar-a-Lago event with President-elect Donald Trump. This move underscores the continued business ties between Trump and Sajwani,
Spending on data centers hit a high in 2024, but it won't last
Report claims Data center infrastructure equipment revenue for 2024 is expected to total more than $280 billion.
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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 ...
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 ...
There will be a huge amount of data center expansion in the U.S., analyst says
Bob O'Donnell, president and chief analyst at Technalysis Research, discusses U.S. President-elect Donald Trump's ...
Bisnow3d
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 ...
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PowerHouse eyes 700-acre data center campus in south-central Pennsylvania - report
AREP’s PowerHouse is said to be targeting nearly 700 acres off Country Club Road, previously approved for two separate ...
E&E10h
Startup wants to deploy underground nuclear reactors for data centers
Deep Fission, a California nuclear startup, is working with a data center developer to build small nuclear reactors a mile ...
Atlanta Journal-Constitution23h
Amazon plans $11 billion data center expansion in Georgia
Amazon said Tuesday it plans to spend at least $11 billion on new data center capacity in metro Atlanta to respond to the huge demand in computing power from the rise of generative artificial ...
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 ...
Microsoft slams the brakes on $3.3 billion data center — reportedly set to foster development of OpenAI's supercomputer
Microsoft has decided to temporarily pause the construction of a $3.3 billion data center in Mount Pleasant. The company ...