Trump and Hussain Sajwani announce $20 billion DAMAC data center investment in the U.S.

Event information

- President-elect Donald Trump and Emirati billionaire Hussain Sajwani, founder of DAMAC Properties, have announced a $20 billion investment to develop data centers across the United States. This initiative aims to enhance the nation's digital infrastructure, particularly supporting the growing demands of artificial intelligence and cloud computing. The collaboration follows a longstanding business relationship between Sajwani and the Trump family, with Sajwani highlighting the positive impact of the recent election on his decision. This investment is part of a broader trend of significant financial commitments to U.S. technological development, including SoftBank's recent $100 billion pledge.