DAMAC Properties pledges $20 billion for U.S. data centers, showcasing Trump’s influence in attracting major investments.

The Trump International Golf Club opened in 2017, during Mr. Trump’s first term, and is the centerpiece of DAMAC Hills, a gated complex of luxury homes selling for up to $4 million each.

President-elect Donald Trump speaks as Hussain Sajwani, CEO of DAMAC Properties, listens during a news conference at Mar-a-Lago, Tuesday, Jan. 7, 2024, in Palm Beach, Fla. Evan Vucci / AP ...

President-elect Donald Trump speaks as Hussain Sajwani, CEO of DAMAC Properties, listens during a news conference at Mar-a-Lago, Tuesday, Jan. 7, 2024, in Palm Beach, Fla. Credit: AP/Evan Vucci ...

Dubai property firm Damac Properties plans to invest $20B in data centers across the U.S., President-elect Donald J. Trump said on Tuesday during a news conference at his Mar-a-Lago resort. The ...

Hussain Sajwani, owner of DAMAC Properties, said his company will invest $20 billion to build data centers across the U.S. in a press conference hosted by President-elect Trump at Mar-a-Lago on ...

DAMAC Properties pledges $20 billion for U.S. data centers, showcasing Trump’s influence in attracting major investments.

Modern AI data centers use much more electricity than traditional cloud servers. In many cases, the existing power grid ...

More US industrial companies are moving into the data center market to supply equipment like cooling systems and backup power ...

DAMAC and the Trump Organization opened a Trump-branded golf course at a development in Dubai in 2017. The partnership was struck before Trump was elected president in 2016, ...