"We can use initially our own financial resources, but then [in the] second phase we can use [a] third party's money," Sajwani said of the planned investment.

A UAE investment firm planned to expand across eight states in the sunbelt. Government officials commented on the potential ...

President Donald Trump is announcing investments worth up to $500 billion for infrastructure tied to artificial intelligence ...

The landmark investment will largely focus on large-scale development projects in the Middle East, particularly in the UAE ...

The announcement was made in a joint press conference by Damac founder Sajwani and US President Donald Trump, who took oath ...

his successor unveiled a $20 billion data center investment by a United Arab Emirates property developer called DAMAC. “This commitment further underscores that many of the greatest business ...

Stargate — the joint venture between OpenAI, Softbank and Oracle — is starting its AI infrastructure plans with 10 data ...

Masayoshi Son of SoftBank, Sam Altman of OpenAI and Larry Ellison of Oracle joined Trump for the $500 billion announcement.

President-elect Trump told the nation Sunday that Apple under CEO Tim Cook may soon make an investment in the U.S., backing ...

President-elect Donald Trump announced last week that Dubai developer DAMAC Properties will invest at least $20 billion “over ...