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.
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 announcement of a $20 billion deal with Dubai's Damac Properties.
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 intelligence.
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.
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,
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.
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NASA Solar Dynamics Observatory back online after 2024 data center flood
The spacecraft themselves continued to operate normally in Earth orbit during the outage and "no science data has been lost." ...
Microsoft data center will use enough electricity for 300,000 homes. Here's what to know about it.
The first phase alone of Microsoft’s data center in Mount Pleasant will likely require the same amount of electricity needed ...
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 ...
AMD: Expect Bears To Feast On Overhyped Data Center Opportunity
AMD’s AI advancements are overshadowed by Nvidia’s CUDA. Find out why AMD stock is overvalued, while NVDA continues to lead ...
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 ...
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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 ...
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.
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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 ...
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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 ...