"We can use initially our own financial resources, but then [in the] second phase we can use [a] third party's money," Sajwani said of the planned investment.

Emirati billionaire Hussain Sajwani's planned $20 billion investment in US data centres deepens ties he established with president-elect Donald Trump nearly a decade ago, and marks a return to one of ...

The landmark investment will largely focus on large-scale development projects in the Middle East, particularly in the UAE ...

It will represent approximately 500MW capacity—one in the Sunbelt and one in the Midwest," Damac said. President Trump claimed his winning of the 2024 US Presidential election was the driver behind ...

President Donald Trump is announcing investments worth up to $500 billion for infrastructure tied to artificial intelligence ...

President-elect Trump told the nation Sunday that Apple under CEO Tim Cook may soon make an investment in the U.S., backing ...

President Trump announced a multibillion-dollar artificial intelligence infrastructure deal Tuesday with private tech companies, predicting the planned data centers will create more than 100,000 jobs ...

Stargate — the joint venture between OpenAI, Softbank and Oracle — is starting its AI infrastructure plans with 10 data ...

Sky is the limit on U.S. investing, Damac chairman tells CNBC Damac announced $20 billion planned investment into U.S. data centers during a press conference by U.S. President-elect Donald Trump.