President Donald Trump revealed a significant $20 billion investment for constructing data centers across the United States, funded by billionaire Husain Sajwani, chairman of Dubai’s DAMAC Properties. During a press conference in Palm Beach, Florida, Trump endorsed Sajwani as a leading entrepreneur in the Middle East. As major tech companies compete for AI infrastructure, global spending on data center systems is projected to exceed $250 billion by 2030. Trump also vowed to quickly reverse President Joe Biden’s recently announced ban on offshore oil and gas drilling.