"We can use initially our own financial resources, but then [in the] second phase we can use [a] third party's money," Sajwani said of the planned investment.

The landmark investment will largely focus on large-scale development projects in the Middle East, particularly in the UAE ...

Emirati billionaire Hussain Sajwani's planned $20 billion investment in US data centres deepens ties he established with president-elect Donald Trump nearly a decade ago, and marks a return to one of ...

It will represent approximately 500MW capacity—one in the Sunbelt and one in the Midwest," Damac said. President Trump claimed his winning of the 2024 US Presidential election was the driver behind ...

Ahead of his inauguration at the end of January, President-elect Donald Trump announced that Damac Properties, controlled by Emirati ...

President Donald Trump is announcing investments worth up to $500 billion for infrastructure tied to artificial intelligence ...

The deal will allow token-based financing of DAMAC's wide range of portfolio companies that includes real estate development, hospitality and data centers.

President Donald Trump has stated that he spoke with Apple CEO Tim Cook, who reportedly committed to significantly increasing ...

Stargate — the joint venture between OpenAI, Softbank and Oracle — is starting its AI infrastructure plans with 10 data ...

President-elect Trump on the eve of his inauguration says he spoke with Apple CEO Tim Cook and teased a potential move by the world’s most valuable company.

President Trump announced a multibillion-dollar artificial intelligence infrastructure deal Tuesday with private tech companies, predicting the planned data centers will create more than 100,000 jobs ...