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DAMAC’s $20B U.S. data center expansion targets AI growth

Billionaire Hussain Sajwani’s DAMAC Properties is investing $20 billion in U.S. data centers, targeting states like Texas and Michigan. This marks DAMAC’s entry into the U.S. market, expanding its global EDGNEX portfolio to fuel AI innovation. Focused on meeting surging demand for AI and cloud infrastructure, the project leverages competitive energy costs and skilled labor across the Sun Belt and Midwest regions.

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