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Trump announces $20B plan to build new data centers in US
Trump announces $20B plan to build new data centers in the US
President-elect Donald Trump has announced that Hussain Sajwani, an Emirati billionaire businessman who founded the property development giant DAMAC Properties, will invest $20 billion in new data centers across the United States.
Microsoft budgeting a staggering $80B to build data centers this year
More than half of the $80 billion budget is expected to be deployed in the United States. The facilities will help train AI models and distribute cloud-based applications across the globe, according to Microsoft vice chair Brad Smith.
Trump announces $20B data center investment from golf course associate
President-elect Donald Trump announced a $20 billion investment from Hussain Sajwani, the chairman of an Emirati property company that developed a golf course managed by the Trump Organization. CNBC first reported that Sajwani was expected to invest $20 billion to build data centers in the U.
22h
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 ...
Datacenter Dynamics
9h
The biggest data center stories of 2024
Keeping track of all that has happened in 2024 is a momentous task - at DCD alone, we've published just under 5,000 news ...
Bisnow
1d
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 ...
1d
Microsoft Pauses Construction On $3.3 Billion Data Center Expected To Be Used By ChatGPT-Parent OpenAI For Massive Super Computer
Microsoft has paused construction on the second phase of its $3.3 billion Mount Pleasant data center project to re-evaluate ...
RCR Wireless News
15h
AI and data centers: Pinch-points, promises and power
Amid a lot of gen AI hype, managing the increasing energy needs of data centers will in part come down to not using gen AI ...
Datacenter Dynamics
6h
Lincoln acquires data center in Alpharetta, Georgia
Real estate firm Lincoln Property Company has acquired a data center in Alpharetta, Georgia. The facility, which was acquired ...
2h
on MSN
Nvidia Stock Rises. New Highs Are In Sight as It Shows Off Products Beyond Data Center.
Jensen Huang unveils the chip designer’s next-generation gaming graphics cards at the CES tech trade show in Las Vegas on ...
3h
on MSN
Hut 8 secures data center approval, reinforcing Wall Street's bullishness
Hut 8 Corp. (NASDAQ:HUT) saw Wall Street analysts reiterate their bullish stance on the vertically integrated operator of ...
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