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

a subsidiary of DAMAC, to meet surging global demand for data centers. Edgnex has sought to expand rapidly across the Middle East, Asia and Europe, and has operations in 10 countries, including ...

President-elect Donald Trump on Tuesday announced that a company from the UAE will invest $20 billion to build data centers in the U.S., primarily in the Midwest and Sun Belt.

P resident-elect Donald Trump announced that Dubai-based real estate firm Damac plans to invest $20 billion into building ...

UAE property firm Damac is to invest billions of dollars into developing data centers in the US. Speaking from his Mar-a-Lago resort in Palm Beach, Florida, President-elect Donald Trump announced the ...

Hussain Sajwani, a longtime Trump ally, announced a multibillion-dollar investment amid growing U.S. demand for AI and crypto ...

President-elect Donald Trump announced last week that Dubai developer DAMAC Properties will invest at least $20 billion “over ...

The developer of the Surfside collapse site plans to pump at least $20 billion into data centers across the U.S. Dubai-based Damac Properties, led by Hussain Sajwani, will target data centers in ...

We can use initially our own financial resources, but then [in the] second phase we can use [a] third party’s money,” Sajwani ...

A UAE investment firm planned to expand across eight states in the sunbelt. Government officials commented on the potential ...

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

"I'm thrilled to announce today that DAMAC will be investing at least $ ... TRUMP ANNOUNCES $20 BILLION IN NEW DATA CENTERS IN POST-CERTIFICATION ADDRESS "We've been waiting for years to increase ...