Emirati billionaire to invest $20 bln in US data centers, Trump says

Jan 7, 2025  · 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 …


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Emirati Billionaire To Invest $20 Bln In US Data Centers, Trump Says

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Jan 7, 2025  · 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 …

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Emirati Billionaire To Invest $20 Billion In US Data Centers - The Hill

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Jan 7, 2025  · President-elect Trump announced Tuesday that Emirati billionaire Hussain Sajwani plans to invest $20 billion in the United States “over a very short period of time” to build data …

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Emirati Billionaire Sajwani To Invest $20bln In US Data Centers

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Jan 7, 2025  · PALM BEACH, Florida: 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. …

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Who Is Hussain Sajwani? Donald Trump Says Dubai Billionaire

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Jan 7, 2025  · 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, …

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Emirati Billionaire To Pump $20 Billion Into US Data Centers, Trump …

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Jan 7, 2025  · Trump announced Tuesday that Hussain Sajwani, CEO of DAMAC Properties and a United Arab Emirates (UAE)-based billionaire, will invest $20 billion into building and powering …

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Trump Announces Emirati Billionaire Will Invest $20B Into US Data …

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Jan 7, 2025  · President-elect Donald Trump on Tuesday announced a $20 billion investment for data centers in the United States by a United Arab Emirates company led by billionaire …

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Trump Announces $20 Billion Foreign Investment To Build New U.S.

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Jan 7, 2025  · Billionaire Hussain Sajwani, a Trump associate and founder of the property development company DAMAC Properties, is pledging the money.

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Emirati Billionaire To Invest $20 Billion In US Data Centers, Trump ...

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Jan 7, 2025  · PALM BEACH, Florida (Reuters) - Emirati billionaire Hussain Sajwani promised a $20 billion investment in the booming U.S. data center industry in the coming years, he and …

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Trump Announces Emirati Businessman Will Invest $20B In US Data …

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Jan 7, 2025  · President-elect Donald Trump today announced that Emirati billionaire Hussain Sajwani will invest $20 billion to build new data centers in the U.S. The investment could …

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UAE Billionaire To Invest $20 Billion In US Data Centers: Trump

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Jan 8, 2025  · Hussain Sajwani, CEO of DAMAC Properties, speaks during a news conference with President-elect Donald Trump at Mar-a-Lago, on January 7, 2025, in Palm Beach, …

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Can Hussain Sajwani Really Come Up With $20 Billion To Invest

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Jan 8, 2025  · Sajwani says he plans to invest $20 billion over four to five years to build data centers in eight U.S. states—Arizona, Illinois, Indiana, Louisiana, Michigan, Ohio, Oklahoma …

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Trump Touts New $20B Data Center Investment In US - CRN

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Jan 7, 2025  · President-elect Donald Trump said billionaire Emirati businessman Hussain Sajwani, founder of real estate development firm DAMAC Properties, will invest $20 billion …

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Emirati Billionaire Pledges To Invest $20bn In US Data Centres

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Jan 7, 2025  · Palm Beach, Florida — Emirati billionaire Hussain Sajwani promised a $20bn investment in the booming US data centre industry in the coming years, he and US president …

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Emirati Billionaire To Invest $20bn In US Data Centres, Says Trump

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Jan 8, 2025  · PALM BEACH: Emirati billionaire Hussain Sajwani promised a $20 billion investment in the booming US data centre industry in the coming years, he and US President …

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Emirati Billionaire Promises $20bn In US Data Centres: Trump

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Jan 8, 2025  · PALM BEACH: Emirati billionaire Hussain Sajwani promised a $20 billion investment in the booming US data centre industry in the coming years, he and US President …

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Trump Announces Emirati Businessman's $20 Billion Investment In …

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Jan 7, 2025  · President-elect Donald Trump revealed a major foreign investment into the United States economy Tuesday, Jan. 7, in an effort to keep up with the fast-moving advancements of …

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Emirati Billionaire Commits $20 Billion To U.S. Data Center Expansion

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Jan 7, 2025  · Emirati billionaire Hussain Sajwani, in collaboration with U.S. President-elect Donald Trump, announced a $20 billion investment in the U.S. data center industry. This investment …

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Donald Trump Partners With Emirati Tycoon On $20bn US Data …

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Jan 8, 2025  · President-elect Donald Trump has agreed a $20bn deal with the head of an Emirati property conglomerate to build a swathe of data centres across the US. Hussain Sajwani, who …

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Tycoon’s Wild Plan For US Data Centers Ignores Grid Reality

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Jan 10, 2025  · The data center industry spent $14.5 billion in new U.S. construction in 2021 and $26 billion more on new equipment for the centers, including computer servers, security, …

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Emirati Tycoon Sajwani To Invest $20 Bln In US Data Centers

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Jan 8, 2025  · Emirati billionaire Hussain Sajwani announced a $20 billion investment in the U.S. data center industry during a joint appearance with U.S. President-elect Donald Trump on …

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Emirati Billionaire Commits $20 Billion To U.S. Data Centers, Trump ...

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4 days ago  · Arabian Post Staff -Dubai Emirati billionaire Hussain Sajwani has pledged to invest $20 billion in the U.S. data center industry, a move announced alongside President-elect …

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Trump Announces $20 Billion Investment For US Data Centers By …

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Jan 7, 2025  · President-elect Donald Trump announced on Jan. 7 a $20 billion foreign investment to construct new data centers across the United States. While speaking to reporters at his Mar …

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Trump Announces $20B Investment From Hussain Sajwani - New …

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Jan 7, 2025  · Emirati billionaire Hussain Sajwani promised a $20 billion investment in the booming US data center industry in the coming years, he and President-elect Donald Trump announced …

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Emirati Billionaire Hussain Sajwani Promises $20 Billion Investment …

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Jan 8, 2025  · Emirati billionaire Hussain Sajwani announced a plan to invest $20 billion in the rapidly expanding U.S. data center industry, a commitment revealed alongside U.S. President …

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Trump Highlights Partnership Investing $500 Billion In AI

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Jan 21, 2025  · WASHINGTON (AP) — President Donald Trump on Tuesday talked up a joint venture investing up to $500 billion for infrastructure tied to artificial intelligence by a new …

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FAQs about Emirati billionaire to invest $20 bln in US data centers, Trump says Coupon?

How much money will Sajwani invest in a data center?

The investment will be done through his data center company Edgnex, which he launched just four years ago in 2021 and is part of Damac. Sajwani says he plans to invest $20 billion over four to five years to build data centers in eight U.S. states—Arizona, Illinois, Indiana, Louisiana, Michigan, Ohio, Oklahoma and Texas. ...

Who is Hussain Sajwani?

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, Florida. ...

Where will Sajwani spend his money?

He’s planning to spend more outside the U.S. too, pledging to invest $3 billion for new data centers in Southeast Asia plus more than $400 million in Spain. As the business scales up, Sajwani says he is also looking to outfit his data centers with chips from Nvidia, one of the biggest winners of the AI boom. ...

How much is Sajwani a billionaire worth?

But $20 billion is an awfully big number for a billionaire worth just over $5 billion, by Forbes estimates. Most of Sajwani’s fortune lies in his 100% stake in Damac Properties, the luxury real estate developer he founded in 2002. ...

Who is Sajwani & why is he a Trump billionaire?

That makes Sajwani, a Dubai-based property developer and longtime Trump business partner, the latest foreign billionaire to announce a headline-grabbing deal with Trump since his election victory in November. Last month, Japan’s Masayoshi Son, who founded investment firm Softbank, promised to put $100 billion in the U.S. over the next four years. ...

Who is Sajwani & why is he investing in AI?

Besides Musk’s xAI, Sajwani says he’s invested $50 million in AI startup Anthropic last year and also backed French outfit Mistral. Sajwani’s investment in AI firms goes hand-in-hand with his focus on data centers, given the rapidly growing demand for more storage capacity for data produced using the high-end chips that power AI models. ...

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