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.
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 announcement of a $20 billion deal with Dubai's Damac Properties.
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 announces $20 billion AI data center deal
Donald Trump announced a $20 billion deal with Damac Group’s Hussain Sajwani to build state-of-the-art AI data centers across America.
UAE’s DAMAC To Invest US$20 Billion In US Data Centers
US President-Elect Donald Trump announced on Tuesday that UAE-based DAMAC Properties has made a US$20 billion investment to build data centers across America.Trump made the declaration at a press conference in Florida,
Spending on data centers hit a high in 2024, but it won't last
Report claims Data center infrastructure equipment revenue for 2024 is expected to total more than $280 billion.
Bisnow1d
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 ...
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 ...
The Lima News1d
Pros and cons from the proposed American Township data center
AMERICAN TOWNSHIP — A proposed data center in American Township is receiving mixed reactions. On one hand, economic ...
Bisnow3d
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 ...
Datacenter Dynamics8h
PowerHouse eyes 700-acre data center campus in south-central Pennsylvania - report
AREP’s PowerHouse is said to be targeting nearly 700 acres off Country Club Road, previously approved for two separate ...
FOX6 News Milwaukee on MSN1d
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 ...
Dallas firms plan another data center campus with $1 billion price tag
Real estate firm Lincoln Property Company, fiber internet provider Gigabit Fiber and investment firm Tradition Holdings ...
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 ...