President-elect Trump on Tuesday announced that a company based in the United Arab Emirates will invest $20 billion to build data centers in several Midwest and Sun Belt states. Trump spoke to the press at his Mar-a-Lago resort in Florida, where he was joined by Hussain Sajwani, the founder and chairman of
We've been waiting for years to increase our investments in U.S. to very large amount of money," Sajwani said. "For the last four years, we've been waiting for this moment, and we're planning to invest $20 billion, and even more than that, if the opportunity in the market allows us." "At the moment, we're planning $20 billion in datacenter catering for the AI and cloud business for the hyperscalers," he added.
Group was founded in 1982 and its subsidiary
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