President-elect Donald Trump on Tuesday announced a $20 billion investment in US-based data centers by Hussain Sajwani, the billionaire founder of DAMAC Properties and a close business associate ...

Emirati billionaire Hussain Sajwani has promised $20 billion in upcoming ... tariffs on Chinese goods and tighter export controls on AI chips. The growth of AI has driven significant investments ...

Notably, this decision came weeks after Donald Trump announced to invest $40 billion to support US-based data centers from ...

The reason for Microsoft’s move is unclear but raises broader questions if the company is resetting expectations for future AI demand ... businessman Hussain Sajwani. Later in January, OpenAI ...

Trump secures $1.73T in investments, creating 235K U.S. jobs from firms like Apple, SoftBank, and Saudi Arabia.

At the moment, we’re planning $20 billion in data center catering for the AI and cloud business for the hyperscalers,' DAMAC Properties founder Hussain Sajwani said Tuesday. President-elect ...

Abu Dhabi’s AI-focused state fund MGX and Oracle are ... of data and computing power to train and run. This month, Hussain Sajwani, chair of Dubai-based property developer Damac, announced ...

The AWS announcement comes just one day after President-elect Donald Trump said that Emirati real estate mogul Hussain ... for the AI and cloud business for the hyperscalers,” said Sajwani ...