"He was very inspired by the election and wouldn't do it without the election," Trump said.

President-elect Donald Trump announced an investment of at least $20 billion from Hussain Sajwani, the head of Damac Group, to build new data centers in the US.

“The investment will support massive new data centers across the Midwest, the Sun Belt area, and also to keep America on the cutting edge of technology and artificial intelligence,” Trump said at a press conference at his Mar-a-Lago resort in Florida on Tuesday.

President-elect Donald Trump is expected to announce a $20 billion investment into building data centers in the United States by the Emirati company led by a billionaire who is a close business partne

President-elect Trump said Tuesday that billionaire Hussain Sajwani, chairman of Dubai-based developer Damac Properties, is investing at least $20 billion in the U.S. to support new data centers. Why it matters: Sajwani's investment comes as Big Tech's data center spending explodes.

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,

President-elect Donald Trump announced a $20 billion investment in US data centers by Emirati billionaire Hussain Sajwani’s DAMAC Properties. The move highlights Trump’s efforts to attract international investments,

President-elect Donald Trump announced a $20 billion investment from Hussain Sajwani, the chairman of an Emirati property company that developed a golf course managed by the Trump Organization. CNBC first reported that Sajwani was expected to invest $20 billion to build data centers in the U.