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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.
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