Business leaders court Trump as UAE billionaire promises to spend $20 billion on U.S. data centers

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  Trump Blurs Lines in $20 Billion Data Center Announcement and Other Deals

  Even before the start of the new administration, there has been repeated blurring of lines between the federal government efforts and Trump family businesses.
  
  The New York Times - 18h

• Trump announces $20 billion foreign investment to build new U.S. data centers

  Billionaire Hussain Sajwani, a Trump associate and founder of the property development company DAMAC Properties, is pledging the money.
  
  CNBC - 22h
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  OpenAI's Sam Altman urges Trump to ease power plant, data center construction

  OpenAI CEO Sam Altman suggested that President-elect Trump should ease restrictions on data center and power plant construction to help boost the development of energy-intensive artificial ...
  
  The Hill - 20h
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  Emirati billionaire investing $20B 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 the ...
  
  The Hill - 22h

• Trump announces Dubai company will invest at least $20 billion in U.S. data centers

  DAMAC Properties is the latest foreign investor to announce plans for the U.S. since Donald Trump's victory.
  
  CBS News - 22h
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  Phantom data centers: What they are (or aren’t) and why they’re hampering the true promise of AI

  So-called fake data centers are a bottleneck to scaling infrastructure to keep up with compute demand for AI and other critical workloads.
  
  VentureBeat - 3d

• Microsoft expects to spend $80 billion on AI-enabled data centers in fiscal 2025

  Over half of Microsoft's $80 billion in spending will take place in the U.S., Microsoft Vice Chair and President Brad Smith wrote in a Friday blog post.
  
  CNBC - 4d
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  Microsoft expects to spend $80 billion on AI-enabled data centers over next 12 months

  Microsoft plans to spend $80 billion in fiscal 2025 on the construction of data centers that can handle artificial intelligence workloads, the company said in a Friday blog post.
  
  NBC News - 4d

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• European Union won't allow attacks on borders, French minister says after Trump's Greenland comments

  In an interview Wednesday, Jean-Noël Barrot addressed the U.S. president-elect's interest in Greenland.
  
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