Donald Trump wants to build more data centers in Texas. Can state's power grid handle it?
President-elect Donald Trump announced last week that Dubai developer DAMAC Properties will invest at least $20 billion “over a very short period of time” in data centers across the U.S., including in Texas.
Trump announces $20B plan to build new data centers in the US
President-elect Donald Trump has announced that Hussain Sajwani, an Emirati billionaire businessman who founded the property development giant DAMAC Properties, will invest $20 billion in new data centers across the United States.
What does Donald Trump's presidency mean for US data centers?
Indeed Trump has already claimed an investment win, announcing earlier this month that UAE property firm Damac is to invest billions of dollars into developing data centers in the US. Damac says it intends to construct 2GW of data center capacity over the next four years.
Stargate AI infrastructure project taps Texas for data centers
Stargate — the joint venture between OpenAI, Softbank and Oracle — is starting its AI infrastructure plans with 10 data centers in Texas.
Trump announces $500 billion AI investment for new data centers, jobs
President Trump announced a multibillion-dollar artificial intelligence infrastructure deal Tuesday with private tech companies, predicting the planned data centers will create more than 100,000 jobs in the U.
First data center for Trump administration's Stargate AI initiative coming to Abilene
Stargate's first data center campus, located in Abilene, will be about 875 acres, but only says it will create at least 57 jobs.
OpenAI’s $100 Billion Stargate Data Center in Texas Will Reportedly Only Employ 57 People
Stargate was introduced earlier this week as a data center project intended to power AI systems for OpenAI, which has distanced itself from Microsoft due to its unwillingness to provide more resources.
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Trump announces $20 billion data center investment by DAMAC
President-elect Donald Trump on Tuesday announced a $20 billion investment for data centers in the United States by an Emirati company led by billionaire Hussain Sajwani, a close business ...
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Trump Announces Emirati Billionaire Will Invest $20B Into US Data Centers
Hussain Sajwani, a longtime Trump ally, announced a multibillion-dollar investment amid growing U.S. demand for AI and crypto infrastructure.
Meet the 'Donald of Dubai' who's betting big on US data centers, has ties to Trump and Musk — and is worth $13 billion
Damac Group's Hussain Sajwani partnered with the president-elect to build a Trump-branded golf course and invested in Elon ...
What is Stargate, Trump’s new multi-billion-dollar AI initiative?
OpenAI, Softbank and Oracle will join forces to create Stargate, a new company investing $500 billion in AI infrastructure.
OpenAI and other tech titans worked on Stargate deal months before Trump won
Such announcements aren’t without political risks, as OpenAI learned when Trump adviser Elon Musk criticized the deal on the ...
Could more data centers come to Oklahoma? UAE-based company announces $20B investment plan
A UAE investment firm planned to expand across eight states in the sunbelt. Government officials commented on the potential ...
Trump highlights partnership investing $500 billion in AI
Trump supporter Elon Musk, worth more than $400 billion, was an early investor in OpenAI but has since challenged its move to ...