Emirati billionaire investing $20B in US to build data centers

President-elect Trump announced Tuesday that Emirati billionaire Hussain Sajwani plans to invest $20 billion in the United States “over a very short period of time” to build data centers across the country. 

The investment will support the construction of new data centers in the Midwest and Sun Belt regions, with the first phase of the project focusing on Texas, Arizona, Oklahoma, Louisiana, Ohio, Illinois, Michigan and Indiana.

The influx of funds will help “keep America on...