Wednesday, January 8, 2025

Trump announces $20 billion investment in US data centres

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, aligning with similar initiatives from major tech companies, like Microsoft's $80 billion AI capacity expansion.

from Tech-Economic Times https://ift.tt/W2OFJcq

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