Trump announces $20 billion AI data center deal
Donald Trump announced a $20 billion deal with Damac Group’s Hussain Sajwani to build state-of-the-art AI data centers across America.
Microsoft to Invest $80 Billion in AI Data Centers in Fiscal 2025
Over half of the investment is reserved for infrastructure. Microsoft President Brad Smith frames AI investment as key to economic growth.
Microsoft to capture ‘golden’ AI data center opportunity with $80 billion investment
While Microsoft is thinking on a global scale, the company's Vice Chair and President said more than half of this total investment will be in the US
Microsoft will invest $80B in AI data centers in fiscal 2025
Microsoft is one of the biggest spenders, followed closely by Google and AWS, Bloomberg Intelligence said. Its estimate of Microsoft’s capital spending on AI, at $62.4 billion for calendar 2025, is lower than Smith’s claim that the company will invest $80 billion in the fiscal year to June 30, 2025.
Emirati billionaire to invest $20 bln in US data centers, Trump says
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,
Trump unveils $20 billion investment in American data centers
Trump said the investor is Emirati billionaire Hussain Sajwani, chairman of DAMAC properties. U.S. President-elect Donald Trump on Tuesday announced a $20 billion new investment to build data centers across the United States.
Trump, Dubai billionaire outline $20B data center building spree that'll impact Texas
The rise of AI and cryptocurrency have revved up demand for data centers. Texas stands to be a hub for such facilities.
Trump Announces $20 Billion Investment in Data Centers by Dubai Billionaire
President-elect Donald Trump announced an investment of at least $20 billion from Hussain Sajwani, the head of Damac Group, to build new data centers in the US. Sajwani said he's been waiting four years to make this type of investment.
Nvidia’s $3,000 ‘Personal AI Supercomputer’ Will Let You Ditch the Data Center
Nvidia CEO Jensen Huang also announced new AI tools for creating autonomous agents during a keynote address at CES.
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Planned Hut 8 data center in West Feliciana Parish, Louisiana, gets green light
An AI data center development planned by Bitcoin mining company Hut 8 in West Feliciana Parish, Louisiana, has been approved.
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What's Next For The AI Hype Cycle And The Data Center Boom? Industry Leaders Make 2025 Predictions
Big Tech hyperscalers like Amazon, Microsoft and Meta will expand development pipelines as they pursue gigawatt-scale ...
AWS says it’ll invest ‘at least’ $11B to expand data center infrastructure in Georgia
Amazon's cloud computing division says that it plans to invest "at least" $11 billion in Georgia to expand its data center ...
With Meta AI data center coming to Richland Parish economy set to benefit
Rep. Marjorie Taylor Greene (R-Ga.) has promised she will introduce a bill “ASAP” to back President-elect Trump’s idea to ...
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AI and data centers: Pinch-points, promises and power
Amid a lot of gen AI hype, managing the increasing energy needs of data centers will in part come down to not using gen AI ...
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West Feliciana Parish council approves location for $12 billion AI data center
West Feliciana Parish council members approved the location of a new multi-billion dollar artificial intelligence data center ...
Microsoft CEO Satya Nadella announces data center and AI partnership with Indian companies
Microsoft CEO Satya Nadella announced partnerships with key Indian organizations and a $3 billion investment in AI and cloud ...
OpenAI’s Sam Altman urges Trump to ease power plant, data center construction
OpenAI CEO Sam Altman suggested that President-elect Trump should ease restrictions on data center and power plant ...