Trump announces $20 billion foreign investment to build new U.S. data centers

Trump announces billion foreign investment to build new U.S. data centers

U.S. President-elect Donald Trump makes remarks at Mar-a-Lago in Palm Beach, Florida, U.S. Jan. 7, 2025.

Carlos Barria | Reuters

President-elect Donald Trump on Tuesday announced a $20 billion foreign investment to build new data centers across the United States.

Emirati billionaire Hussain Sajwani, a Trump associate and founder of the property development company DAMAC Properties, is pledging “at least” that amount, the president-elect said at his Florida home Mar-a-Lago.

“They may go double, or even somewhat more than double, that amount of money,” Trump said of Sajwani’s company.

The “first phase” of the plan will take place in Texas, Arizona, Oklahoma, Louisiana, Ohio, Illinois, Michigan and Indiana, Trump said.

This is breaking news. Please check back for updates.

Source

World

U.S. and European interests are ‘intertwined’, Rubio says

February 14, 2026

The U.S. has no intention of abandoning its deep alliance with Europe and wants the region to succeed, U.S. Secretary of State Marco Rubio said on Saturday. “We care deeply about your future and ours,” Rubio told the Munich Security Conference. “We want Europe to be strong. We believe that Europe must survive, because the […]

World

U.S. military preparing for potentially weeks-long Iran operations: Reuters

February 14, 2026

A state building is covered with a giant anti-U.S. billboard depicting a symbolic image of the destroyed USS Abraham Lincoln (CVN-72) aircraft carrier in downtown Tehran, Iran, on Jan. 28, 2026. Morteza Nikoubazl | Nurphoto | Getty Images The U.S. military is preparing for the possibility of sustained, weeks-long operations against Iran if President Donald […]

World

What’s next for Cuba? Trump turns the screws as the island runs out of jet fuel

February 14, 2026

Cuba’s President Miguel Diaz-Canel (C) takes part in the “Anti-Imperialist” protest in front of the US Embassy against the US incursion in Venezuela, where 32 Cuban soldiers lost their lives, in Havana on January 16, 2026. Yamil Lage | Afp | Getty Images Cuba’s communist-run government is facing its biggest test since the collapse of […]