President-elect Trump held a press conference at Mar-a-Lago on Tuesday, one day after Vice President Kamala Harris certified his election victory.

Over half of the investment is reserved for infrastructure. Microsoft President Brad Smith frames AI investment as key to economic growth.

The tech giant has pledged that all data centers serving its cloud by this year will have power purchase agreements for 100 percent low-carbon energy.

President-elect Donald Trump announced a $20 billion investment from Hussain Sajwani, the chairman of an Emirati property company that developed a golf course managed by the Trump Organization. CNBC first reported that Sajwani was expected to invest $20 billion to build data centers in the U.

Microsoft is one of the biggest spenders, followed closely by Google and AWS, Bloomberg Intelligence said. Its estimate of Microsoft’s capital spending on AI, at $62.4 billion for calendar 2025, is lower than Smith’s claim that the company will invest $80 billion in the fiscal year to June 30, 2025.

U.S. President-elect Donald Trump on Tuesday announced a $20 billion new investment to build data centers across the United States. At a news conference at his home in Palm Beach, Florida, Trump said the investor is Emirati billionaire Hussain Sajwani,

President-elect Donald Trump is expected to announce a $20 billion investment into building data centers in the United States by the Emirati company led by a billionaire who is a close business partne