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: 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.
Trump announces $20 billion in new data centers in post-certification address
President-elect Trump held a press conference at Mar-a-Lago on Tuesday, one day after Vice President Kamala Harris certified his election victory.
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
Emirati billionaire to invest $20 bln in US data centers, Trump says
Emirati billionaire Hussain Sajwani promised a $20 billion investment in the booming U.S. data center industry in the coming years, he and U.S. President-elect Donald Trump announced on Tuesday at Trump's home in Palm Beach,
Trump unveils $20 billion investment in American data centers
Trump said the investor is Emirati billionaire Hussain Sajwani, chairman of DAMAC properties. U.S. President-elect Donald Trump on Tuesday announced a $20 billion new investment to build data centers across the United States.
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 stated the pause might last for months as it evaluates the scope and recent ...
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 ...
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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 ...
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 ...
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Dallas firms plan another data center campus with $1 billion price tag
Three Dallas-based firms are partnering to develop a $1 billion data center campus south of Dallas. Real estate firm Lincoln ...
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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 ...
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Iron Mountain files to expand Manassas data center campus
Iron Mountain Data Center has filed for a permit to expand its Manassas data center campus in Prince William County, Virginia ...
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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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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 ...
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 ...