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.
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
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,
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.
Damac to Lean on Banks for $20 Billion US Data Center Plan, Sajwani Says
Real estate billionaire Hussain Sajwani, the head of Damac Group, talks about the firm's plan to invest at least $20 billion to build new US data centers from Arizona to Ohio. The deal was announced yesterday by Sajwani and President-elect Donald Trump at a news conference in Mar-a-Lago,
Developer to build $300 million data center on the El Paso border
The proposed five-phase project will cost $300 million over the first ten years. Phase one will be building construction with a portion of the space configured for a tenant who will supply technology.
Data centers are transforming waste heat into community energy assets
Once seen as energy-hungry liabilities, data centers are now emerging as critical assets in addressing urban energy ...
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 ...
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 ...
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 ...
Microsoft data center will be the state's largest electricity user. Power needs equal 300,000 homes
Microsoft data center will consume a massive amount of electricity, enough to power several hundred thousand homes.
Bisnow4d
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 ...
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 ...
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 ...
Bisnow1d
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 ...
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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 ...
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 ...