UAE-based digital infrastructure company Edgnex, part of the Damac Group, a UAE-headquartered property development company, ...

Hussain Sajwani, a longtime Trump ally, announced a multibillion-dollar investment amid growing U.S. demand for AI and crypto ...

Tech companies have been racing o to set up data centers essential for powering generative artificial intelligence applications such as OpenAI’s ChatGPT and Google Gemini, which require ...

The landmark investment will largely focus on large-scale development projects in the Middle East, particularly in the UAE ...

Trump lauded the up to $500 billion partnership with OpenAI, Oracle, and SoftBank to build out data centers and electricity ...

Tech billionaire Elon Musk took a jab at the multibillion-dollar artificial intelligence deal that President Trump has made ...

US President-Elect Donald Trump announced on Tuesday that UAE-based DAMAC Properties has made a US$20 billion investment to build data centers across America.Trump made the declaration at a press ...

President-elect Donald Trump announced last week that Dubai developer DAMAC Properties will invest at least $20 billion “over ...

The deal will allow token-based financing of DAMAC's wide range of portfolio companies that includes real estate development, ...

Dubai developer DAMAC Properties will invest at least $20 billion "over a very short period of time" in the U.S., primarily ...

The investment by DAMAC Properties in the United Arab Emirates is intended to highlight Trump's personal ability to attract new money for big projects. The announcement follows a pledge made last ...

President-elect Donald Trump and SoftBank CEO Masayoshi Son announced $100 billion in US investments to create more than ...