US President-elect Donald Trump announced a $20 billion investment from Emirati billionaire Hussain Sajwani for new data centers across the United States, emphasizing the role of artificial intelligence in this initiative.
During a press conference at his Mar-a-Lago resort in Florida, Trump highlighted the importance of data centers for AI applications, stating, "Artificial intelligence is very big into the data centers, and that's going to be a very hot item in the coming years."
The investment aims to support infrastructure across the Midwest and Sun Belt regions, reinforcing America's technological edge.
Big tech companies have been competing to build data centers, essential for AI operations like those of OpenAI and Google. Estimates suggest global spending on data center infrastructure could exceed $250 billion by 2030, according to McKinsey.