Tech companies have been racing o to set up data centers essential for powering generative artificial intelligence applications such as OpenAI's ChatGPT and Google Gemini, which require immense computing power.

Donald Trump announced a $20 billion investment by Emirati billionaire Hussain Sajwani to build data centers in the U.S. The move aligns with the tech industry's race to enhance AI capabilities. Global spending on data centers is projected to exceed $250 billion by 2030.

U.S. President-elect Donald Trump on Tuesday announced a $20 billion new investment to build data centers across the United States, a source familiar with the matter told Reuters.

U.S. President-elect Donald Trump on Tuesday announced a $20 billion new investment to build data centers across the United States, a source familiar with the

President-elect Donald Trump announced a $20 billion investment to build data centres across the US, backed by Emirati billionaire Hussain Sajwani, chairman of DAMAC Properties. This investment supports the rapid establishment of data centres critical for generative AI applications,

President-elect Donald Trump is expected to announce a $20 billion investment into building data centers in the United States by the Emirati company led by a billionaire who is a close business partne

Emirati billionaire Hussain Sajwani promised a $20 billion investment in the booming U.S. data center industry in the coming years, he and U.S. President-elect Donald Trump announced on Tuesday at Trump's home in Palm Beach,

President-elect Donald Trump announces an investment of at least $20 billion from Hussain Sajwani, head of Damac Group, to build new data centers in the US.The investment will support massive new data centers across the Midwest,

"He was very inspired by the election and wouldn't do it without the election," Trump said.