Brazil is rapidly emerging as a key hub for data centers, with billions of dollars in investments expected in the coming years. The surge is largely attributed to the exponential rise of artificial intelligence and growth constraints in larger markets in the U.

President-election Donald Trump said billionaire DAMAC Properties’ Hussain Sajwani was “inspired” to make the investment by the results of the U.S. presidential election. The first phase of the project will take place in Texas,

The planned spending represents a 44% increase from last year, and more than half of it is expected to come in the U.S.

The president-elect said DAMAC Properties will invest in new data centers across the US now that he has been elected.

Trump said the investor is Emirati billionaire Hussain Sajwani, chairman of DAMAC properties. U.S. President-elect Donald Trump on Tuesday announced a $20 billion new investment to build data centers across the United States.

President-elect Donald Trump announces an investment of at least $20 billion from Hussain Sajwani, head of Damac Group, to build new data centers in the US.The investment will support massive new data centers across the Midwest,

U.S. President-elect Donald Trump on Tuesday announced a $20 billion new investment to build data centers across the United States. At a news conference at his home in Palm Beach, Florida, Trump said the investor is Emirati billionaire Hussain Sajwani,

Dubai developer DAMAC Properties will invest at least $20 billion "over a very short period of time" in the U.S., primarily in data centers in the middle of the country, President-elect Donald Trump announced Tuesday,