• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

Trump Launches $20 Billion AI Data Center Project with Hussain Sajwani

user avatar

by Giorgi Kostiuk

3 months ago


This week, Donald Trump announced a major deal with Damac Group's Hussain Sajwani to build AI data centers across America. The project targets various industries and promises to elevate the U.S. to the top of the global tech ladder.

Details of the $20 Billion Deal

Donald Trump and Hussain Sajwani from Damac Group announced the start of a project to build AI data centers in eight U.S. states. Sajwani stated plans to invest $20 billion, aiming to develop machine learning systems and data analysis in industries such as healthcare and autonomous vehicles. Trump has pledged to cut bureaucratic red tape to accelerate the project's realization.

Trump's Economic Strategy

Donald Trump stated that this agreement is part of his economic strategy to attract foreign investments and advance technology in the U.S. He has previously demonstrated similar initiatives with SoftBank, closing a $100 billion deal last year. Trump emphasizes the importance of reducing taxes and regulation and plans to use tariffs to protect American industries.

Nvidia's Role and Industry Impact

Nvidia's CEO Jensen Huang has expressed interest in collaborating with the Trump administration. Nvidia, as a leading AI chipmaker, is monitoring infrastructure developments that may affect its growth. However, Trump's trade and tariff policies could create additional challenges for Nvidia's global ambitions.

Trump's project to build AI data centers is part of his broader economic strategy to enhance the U.S. technological leadership. However, his approach may create new challenges for companies like Nvidia and influence the strategic directions of the country's economy.

0

Share

Other news

Ripple Labs Launches RLUSD to Enhance International Transactions

Ripple Labs has integrated RLUSD into the Ripple Payments platform to simplify international transactions and expand the stablecoin's institutional use.

user avatarGiorgi Kostiuk

3 minutes ago

BlockDAG Aims for 15,000 TPS as Ethereum and ETC Decline

BlockDAG tests 15K TPS on beta testnet, while Ethereum and ETC struggle for stability.

user avatarGiorgi Kostiuk

4 minutes ago

BlockDAG: How the Project Surpasses NEAR and Aptos in the Evolving Layer-1 Blockchain Race

BlockDAG sells 19 billion coins at $0.0248 and surpasses NEAR and Aptos in progress before mainnet launch.

user avatarGiorgi Kostiuk

4 minutes ago

BlockDAG Targets 100+ Wallets, XRP Lags, Solana Eyes $160

BlockDAG aims for active testing with 100+ wallets, XRP remains unchanged, Solana targets $160.

user avatarGiorgi Kostiuk

4 minutes ago

Regulatory Issues and $500M Scandal in Hong Kong

The $500M incident in Hong Kong questions the stability of its financial system.

user avatarGiorgi Kostiuk

5 minutes ago

Institutional Inflows Boost Bitcoin Recovery

Institutional investments drive Bitcoin's recovery: Resistance at $88K before the $150K target.

user avatarGiorgi Kostiuk

13 minutes ago

dapp expert logo
© 2020-2025. DappExpert. All rights reserved.
© 2020-2025. DappExpert. All rights reserved.

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.