The rise of AI and cryptocurrency have revved up demand for data centers. Here's how Illinois may benefit from President-elect Donald Trump's plans to invest $20 billion in data centers.

Now, Sajwani, who has had close ties with Trump and his family over the years, seemingly has plans to supercharge the firm’s U.S. investment. Sajwani, who is in his early 70s, was at Mar-a-Lago Club in Palm Beach when Trump made the announcement of Damac’s data centers bet.

Sajwani snapped a picture with Trump and Tesla boss Elon Musk at a Mar-a-Lago New Year's celebration last week.

President-elect Trump announced Tuesday that Emirati billionaire Hussain Sajwani plans to invest $20 billion in the United States “over a very short period of time” to build data centers across

The US is set to receive at least $20 billion from DAMAC founder Hussain Sajwani to support data center infrastructure.

U.A.E. real estate tycoon and Trump pal has a history of audacious projects, but can he come up with the pledged $20 billion? He makes his case from Mar-a-Lago.

United Arab Emirates businessman Hussain Sajwani, CEO of DAMAC Properties, announced a $20 billion investment in U.S. data centers, citing President-elect Donald Trump’s leadership as a key motivator.

Real estate tycoon Hussain Sajwani announced this week that he planned to invest $20bn in data centres in eight US states over the coming years.

A United Arab Emirates investment firm has pledged $20 billion to build new data centers targeting AI across a number of locations across the United States.

Billionaire Hussain Sajwani, a Trump associate and founder of the property development company DAMAC Properties, is pledging the money.

Dubai real estate developer Damac Properties will invest $20 billion in data centres across the United States, President-elect Donald Trump announced on Tuesday.

Hussain Sajwani, a longtime Trump ally, announced a multibillion-dollar investment amid growing U.S. demand for AI and crypto infrastructure.