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Damac secures capacity worth $12bn for US AI data centres

Damac Properties has secured land and power capacity in the US equivalent to $12 billion of a planned $20 billion outlay in AI data centre infrastructure. Hussain Sajwani, the UAE-based conglomerate’s ...
Dubai-based Damac Properties, whose chairman is a Trump ally, secured land and power capacity in the US worth $12 billion.
DAMAC, through its digital‑infrastructure arm EDGNEX Data Centers, is investing $20 billion to build large‑scale data center capacity across the United States. This marks a major diversification from ...
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