Trump announces $20 billion in new data centers in post-certification address
President-elect Donald Trump made his first public address to the nation following the certification of his election victory on Tuesday. Trump chose to hold a press conference at his Mar-a-Lago residence just one day after Congress and Vice President Kamala Harris officially certified his electoral college win. During the press conference, Trump made a significant announcement regarding a $20 billion investment in new data centers across the United States.
The $20 billion investment is set to come from DAMAC Properties over a “short period of time.” Hussain Sajwani, the owner of DAMAC Properties, provided details on the investment, stating that it will focus on states like Texas, Oklahoma, Indiana, and other Midwestern states. The investment is expected to support the development of artificial intelligence (AI) and cloud-based technologies, marking a significant step towards advancing technological innovation in the country.
The announcement of the $20 billion investment in data centers demonstrates Trump’s commitment to driving economic growth and technological advancement in the United States. By partnering with DAMAC Properties, Trump aims to create new opportunities for job creation and technological development in key states across the country.
In addition to the investment announcement, the press conference also addressed the ongoing developments in the tech industry. The conversation highlighted the importance of fostering innovation and collaboration within the tech sector to drive economic prosperity and technological advancement.
The press conference marked an important moment in Trump’s transition to the presidency, showcasing his dedication to advancing key industries and driving economic growth in the United States. The $20 billion investment in data centers signifies a significant step towards fostering innovation and technological development in the country.
As the nation looks towards the future, Trump’s announcement of the $20 billion investment in data centers sets the stage for continued progress and advancement in key industries. The partnership with DAMAC Properties underscores Trump’s commitment to driving economic growth and technological innovation, positioning the United States as a leader in the global tech industry.
Anders Hagstrom, a reporter with Fox News Digital covering national politics and major breaking news events, provided insights into Trump’s press conference and the significance of the $20 billion investment in data centers. For more updates on national politics and key developments, follow Anders Hagstrom on Twitter @Hagstrom_Anders or reach out via email at Anders.Hagstrom@Fox.com.
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