Emirati billionaire invests $20 billion in U.S. data centers, boosting Trump's push for foreign investments.

Emirati billionaire Hussain Sajwani, chairman of Dubai-based DAMAC Properties, has pledged to invest $20 billion in U.S. data centers, a move announced alongside President-elect Donald Trump. The investment underscores Trump's efforts to attract major foreign investments, following a $100 billion pledge from Japanese investor Masayoshi Son. DAMAC's investment aims to support the growth of artificial intelligence and cryptocurrency sectors in the U.S.

2 months ago
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