Elected President of the United States, Donald Trump, revealed a new $20 billion investment plan aimed at constructing data centers across the country during a press conference in Palm Beach, Florida. The funds are backed by billionaire Husain Sajwani, chairman of DAMAC Properties. Trump highlighted the growing competition among major tech firms to build data centers critical for artificial intelligence applications. He also vowed to immediately reverse President Joe Biden’s recent ban on offshore drilling in certain U.S. coastal areas.