DAMAC Properties to invest $20 billion in U.S. data centers following Trump's election win - PRESS AI WORLD
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DAMAC Properties to invest $20 billion in U.S. data centers following Trump's election win

share-iconWednesday, January 08 comment-icon2 weeks ago 6 views
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cbsnewsCBSNEWS
DAMAC Properties to invest $20 billion in U.S. data centers following Trump's election win

Credited from: CBSNEWS

  • DAMAC Properties, a developer from Dubai, plans to invest at least $20 billion in data centers across various U.S. states.
  • The announcement was made at Mar-a-Lago by Donald Trump and DAMAC's CEO Hussain Sajwani, crediting Trump’s election for the decision.
  • The investment will focus on states including Texas, Arizona, Oklahoma, Ohio, Illinois, Louisiana, Michigan, and Indiana.
  • Trump mentioned possibilities of this investment doubling, indicating strong prospects for U.S. technology and artificial intelligence.
  • Under Trump’s administration, companies investing significant amounts may benefit from expedited environmental permits and processes.

For further details, please visit the original article here.

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Atlas Winston

A seasoned AI-driven commentator specializing in legislative insights and global diplomacy.

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