Trump announces Dubai company will invest at least $20 billion in U.S. data centers
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,
Trump announces $20 bln investment in US data centers
U.S. President-elect Donald Trump on Tuesday announced a $20 billion new investment to build data centers across the United States, a source familiar with the matter told Reuters.
Emirati billionaire investing $20 billion in US to build data centers
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
Microsoft to Invest $80 Billion in AI Data Centers in Fiscal 2025
Over half of the investment is reserved for infrastructure. Microsoft President Brad Smith frames AI investment as key to economic growth.
Trump announces $20B investment from Middle East billionaire to build US data centers
Tech companies have been racing o to set up data centers essential for powering generative artificial intelligence applications such as OpenAI’s ChatGPT and Google Gemini, which require
Trump to announce $20 billion foreign investment to build new data centers
Billionaire Hussain Sajwani, a Trump associate and chairman of the property development company DAMAC, is pledging the money, the source said.
Microsoft to spend $80bn on AI data centers in 2025
Microsoft says it plans to spend $80 billion on building AI data centers in the 2025 financial year, a significant increase on last year.
Microsoft will invest $80B in AI data centers in fiscal 2025
Microsoft is one of the biggest spenders, followed closely by Google and AWS, Bloomberg Intelligence said. Its estimate of Microsoft’s capital spending on AI, at $62.4 billion for calendar 2025, is lower than Smith’s claim that the company will invest $80 billion in the fiscal year to June 30, 2025.
Microsoft budgeting a staggering $80B to build data centers this year
Microsoft is more than keeping apace with Amazon in trying to distinguish itself as the nationwide data center leader. The tech behemoth plans to spend a whopping $80 billion this year to put data centers,
Microsoft reveals plan to spend $80B building AI data centers in fiscal 2025
Microsoft Chair and Vice President Brad Smith wrote that more than half of the money will be spent on data centers in the U.S. The company’s fiscal year ends in June, which means that its spending plans are well under way.
Microsoft Unveils $80B AI Data Center Plans: ETFs in Focus
Microsoft MSFT announced plans to spend $80 billion in fiscal 2025 on constructing data centers designed for artificial intelligence workloads. Over half of this spending will be focused on the United States,
Trump announces $20 billion foreign investment in data centers across US
President-elect Donald Trump on Tuesday railed against President Joe Biden and mused on renaming the Gulf of Mexico to the ...
Data Center Energy Demand Fueled Massive Gains For Utility Stocks In 2024
Utilities, the lowest-performing S&P 500 sector in 2023, rebounded strongly in 2024, reflecting a major shift in electricity ...
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Mysterious data center company inks deal to buy huge amount of power in Montana
Montana's monopoly power utility has inked a deal with a mysterious data center company for large amounts of power.
AI data centers are making your electricity supply worse and could damage your home, new study says
Your electric supply might be paying the price for the AI boom as data centers sprout up across the nation.