"President-elect Donald Trump’s breezy rollout this week of a Dubai real estate developer’s $20 billion pledge shows the chasm between tech’s bold aspirations and electricity supplies."
"If anyone needed more evidence that the Wild West days of data center expansion would continue apace under President-elect Donald Trump, it came just seconds into his press conference at Mar-a-Lago earlier this week.
At the start of the event Tuesday, Trump introduced Hussain Sajwani, a real estate developer in Dubai, United Arab Emirates, and Trump business partner who he called “one of the most respected business leaders in the Middle East, indeed the world.” Sajwani then announced that his company, Damac Properties, would invest at least $20 billion to build data centers for artificial intelligence and cloud computing across eight states.
Damac Properties said that money would support an initial 1,000 megawatts of data center capacity split between the Sunbelt and Midwest and then double that capacity over the next four years."
Jason Plautz and Peter Behr report for E&E News January 10, 2025.
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