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

'The sky is the limit' on Damac investment in the U.S., Dubai property giant's chief says

"We can use initially our own financial resources, but then [in the] second phase we can use [a] third party's money," Sajwani said of the planned investment.

CNBC - 1h

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 - 1d

Microsoft Plans to Invest $3 Billion on AI, Cloud Infrastructure in India

The company plans to grow the company’s Azure cloud business in India and set up new data centers.

The Wall Street Journal - 2d

Nvidia’s $3,000 ‘Personal AI Supercomputer’ Will Let You Ditch the Data Center

Nvidia CEO Jensen Huang also announced new AI tools for creating autonomous agents during a keynote address at CES.

Wired - 2d

Man arrested for trying to bring machete into US Capitol visitor center

Three knives also found in bag as X-ray machine screened people going into building to pay respects to Jimmy Carter. A man was arrested on Wednesday for trying to bring a machete and knives into ...

The Guardian - 14h

Who Is Hussain Sajwani, the Developer Behind Trump’s $20 Billion Data Center Pledge?

Hussain Sajwani, the founder and chairman of DAMAC Properties of Dubai, built the first Trump-branded golf course in the Middle East a decade ago.

The New York Times - 15h

Suspect used legal weapon in deadly shooting at German company

Yahoo News - 20h

Toyota invests $44.4M in private Japanese spaceflight company

Yahoo News - 1d

US stocks slide as strong data sends Treasury yields higher

Investors bet Fed likely to lower interest rates just once this year after better than expected jobs and services figures

Financial Times - 1d

Annual ‘winners’ for most egregious US healthcare profiteering announced

Selling body parts without consent and billing desperate parents $97,599 for air transport among worst examples. The 2024 “winners” of the annual Shkreli awards , given each year to perpetrators ...

The Guardian - 1d

Behind Trump's deal with Dubai's DAMAC Properties

President-elect Donald Trump announced a deal with Dubai developer DAMAC Properties for an investment of at least $20 billion in the U.S. CBS News' Aaron Navarro reports.

CBS News - 1d

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 - 1d

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 - 1d

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 - 1d

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

President-elect Donald Trump drew another expression of support on Tuesday, as a billionaire businessman from the United Arab Emirates, Hussain Sajwani, promised to spend at least $20 billion in ...

MarketWatch - 1d

Trump boasts foreign investments, blasts Biden administration

Politico - 1d

Nvidia releases gaming chips for PCs, tapping AI features from data center GPUs

At CES in Las Vegas, Nvidia showed that it's still focused on serving gamers even as the company's primary business is now in the data center.

CNBC - 1d

Want to land a remote job in 2025? These 20 companies are hiring—some jobs pay over $100,000

FlexJobs saw a 20% increase in the number of remote job listings in 2024 over 2023 — up 9% from the year prior.

CNBC - 1d

Getty’s stock soars 42% after image company agrees to merge with Shutterstock in $3.7 billion deal

The deal is expected to generate annual cost synergies of $150 million to $200 million by year three and to boost earnings and cash flow by year two.

MarketWatch - 2d

US adds Tencent and CATL to blacklist of companies working with China’s military

Shares of WeChat owner and EV battery maker fall after defence department discloses designation

Financial Times - 2d

Sierra Space CEO leaves, as $5 billion company pushes to launch space plane

Sierra Space CEO Tom Vice has left the company, CNBC confirmed Monday.

NBC News - 2d

Sierra Space CEO leaves, as $5 billion company pushes to launch space plane

Sierra Space CEO Tom Vice left the company at the end of 2024 after 3½ years in the role.

CNBC - 2d

Trump pitches 'merged' US, Canada after Trudeau resignation announcement

President-elect Trump pitched the idea of a “merged” United States and Canada after Canadian Prime Minister Justin Trudeau announced his resignation, noting there would be no tariffs if the two ...

The Hill - 2d

Microsoft Says AI Will Lead To Job Losses, Invests $80 Billion In The Tech

Microsoft has doubled down on its plan to invest $80 billion into artificial technologies in 2025, while at the same time admitting that advancements to the technology will lead to job losses. This ...

GameSpot - 2d

Data Centers Need to Look Beyond Green Energy, Siemens Says

Operators must find an alternative solution to the AI energy-consumption conundrum, Siemens’s Smart Infrastructure CEO said.

The Wall Street Journal - 3d

Trump's eyeing Greenland - but other Arctic investment is frozen

While Trump eyes Greenland, Norway and Russia have put the brakes on their polar region investments.

BBC News - 3d

Chinese Companies Have Sidestepped Trump’s Tariffs. They Could Do It Again.

The companies have found plenty of new channels to the U.S. market — demonstrating the potential limits of the tariffs Donald Trump has promised to impose.

The New York Times - 3d

Trump announces additional senior White House officials

President-elect Trump has announced additional senior White House officials, further filling out his team ahead of his inauguration on Jan. 20. Trump picked Stanley Woodward to join the White ...

The Hill - 4d

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 - 4d

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

Trump announces Middle East appointment: Hopefully she's learned her lesson

President-elect Trump tapped Morgan Ortagus, a former State Department spokesperson, to serve as deputy special presidential envoy for Middle East peace in his next administration. Trump noted in ...

The Hill - 5d

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 - 5d

1 cigarette can decrease life expectancy by 20 minutes: Data

In 2000, data published in The BMJ estimated one cigarette would cost a person 11 minutes of their life.

The Hill - 5d

Trump announces new treasury and ambassador nominees

President-elect Trump announced several appointments for his Treasury Department and choices for ambassadors for two European countries. In multiple Thursday Truth Social posts, Trump outlined who ...

The Hill - 6d

China hits dozens of U.S. companies before expected Trump tariffs

China's Ministry of Commerce adds 28 U.S. entities to export control list to "safeguard national security and interests."

CBS News - 6d

Fireworks explosion in Hawaii kills at least 3, injures at least 20

The fireworks explosion happened just before midnight outside a home in a Honolulu-area neighborhood.

CBS News - 6d

U.S. Companies Vouched for China During Trump's First Term. Not Anymore.

American companies have largely gone silent about the importance of the U.S.-China relationship—they no longer see China as the land of opportunity.

The Wall Street Journal - Jan. 2

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

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