Trump announces $20B US investment by Emirati businessman
President-elect Donald Trump is expected to announce a $20 billion investment into building data centers in the United States by the Emirati company led by a billionaire who is a close business partner of the Trump family. Hussain Sajwani is the chairman of DAMAC Properties in the United Arab Emirates. The announcement is intended to highlight Trump’s personal ability to attract new money for big projects. But Sajwani’s promised investment feeds into an existing boom for constructing data centers needed for the development of artificial intelligence and expansion of cryptocurrency.
