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Trump announces $20 billion investment in US data centers

Donald Trump announced a $20 billion investment for data centers in the United States by a United Arab Emirates company led by Hussain Sajwani, a close business partner of the Trump family.
Hussain Sajwani's commitment represents 2 percent of the total investment, with plans to integrate these facilities into DAMAC's operations in the Middle East and Asia.
Construction of the data centers is set to start in early 2025, with DAMAC targeting full operations within two years.
This investment will support massive new data centers across the Midwest and the Sun Belt area, keeping America on the cutting edge of technology and artificial intelligence.

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The National

Damac data deal is a bold step on the UAE-US tech journey

Signed just before Donald Trump returns to the White House, the $20 billion agreement is another vote of confidence in Emirati business

2 months ago·Abu Dhabi, United Arab Emirates

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WTRF

Trump announces new $20 billion data centers to be built in Ohio, bringing thousands of jobs

(WKBN) - President-elect Donald Trump addressed reporters Tuesday in his first remarks since the election was certified. The president-elect talked about his vision for the country and announced a new $20 billion business investment in the U.S., which will impact Ohio. Trump was joined at the podium by DAMAC Properties CEO Hussain Sajwani who said that his company intends to invest $20 billion in the U.S. to build new data centers that will emp…

2 months ago

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Zero Hedge

Trump Reportedly Mulls Executive Order Protecting Gas Stoves From Radical Left's Green Crusade - Nemos News Network

Nearly two weeks after the Biden administration quietly finalized new climate rules targeting natural gas-powered water heaters—following years of far-left politicians and shady “green” nonprofits waging war against NatGas stoves under the guise of improving “indoor air quality”—President-elect Donald Trump has reportedly had enough of these games. He plans to issue an executive order to protect […]

2 months ago·United States

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The Express Tribune

Emirati billionaire to invest $20b

Emirati billionaire Hussain Sajwani promised a $20 billion investment in the booming US data center industry in the coming years, he and US President-elect Donald Trump announced on Tuesday at Trump's home in Palm Beach, Florida. With an election victory largely driven by voters' economic concerns, Trump has doubled down on bolstering investments in domestic industries and proposed higher tariffs on Chinese goods as the US tries to curb China's …

2 months ago·Pakistan

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New Strait Times

Emirati billionaire to invest US$20bil in US data centers, Trump says

PALM BEACH: Emirati billionaire Hussain Sajwani promised a US$20 billion investment in the booming U.S. data centre industry in the coming years, he and U.S. President-elect Donald Trump announced on Tuesday at Trump’s home in Palm Beach, Florida. © New Straits Times Press (M) Bhd

2 months ago·Malaysia

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America First Report

+3 Reposted by 3 other sources

Trump Announces $20 Billion Investment from DAMAC Properties to Build Data Centers Across United States

During a press conference on Tuesday, President Trump announced an investment of “at least” $20B from Emirati billionaire and DAMAC Properties founder Hussain Sajwani to build data centers in several US states. “It’s been amazing news for me and my family when he was elected in November. We’ve been waiting four years to increase our investment in [the] US to [a] very large amount of money.” Sajwani said at the Mar a Lago. “We’re very, very excit…

2 months ago

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