Pinpoint Daily
PINPOINT is dedicated to delivering the most up-to-date industry insights tailored to various fields. On this page, you’ll find the latest news, trends, and analysis, helping professionals stay ahead in an ever-changing world. Stay informed with PINPOINT—your trusted source for accurate and relevant information.
.png)
Transforming Tech: Trump’s $20 Billion Investment to Boost U.S. Data Center Landscape
President-elect Donald Trump announced a significant $20 billion foreign investment plan to establish new data centers across the United States. The investment comes from Emirati billionaire Hussain Sajwani, the founder of DAMAC Properties and a Trump associate, who pledged “at least” that amount during a gathering at Trump’s Mar-a-Lago estate in Florida. The United States government has been emphasizing on the strategic value of data centres that will not only power the new economy but also will bring significant foreign investment into the country.
​
In addition, Japanese IT firm Softbank recently announced a US$100 billion investment in the U.S. over the next four years that will create 100,000 jobs focused on artificial intelligence and related infrastructure.
Robin Khuda, founder at AirTrunk, says it's a race, and only with countries with robust and favourable policies, and long-term strategic vision will attract this large data centre and AI investments that will future-proof their economies.
​
Source: CNBC