President Donald Trump announced the $500 billion Stargate Project in Texas to advance AI research, starting with a data center in Abilene.
Data center technology spending skyrocketed 34 percent in 2024, according to Synergy Research Group. It is soaring past a half a trillion dollars in the first month of 2025 as banks and technology vendors vie to build out massive AI compute.
Led by globally recognized founder Hussain Sajwani, DAMAC International is known as a prime property <a target=_blank href=
Dubai developer Damac launched sales starting at $15M for its project planned on the deadly Surfside collapse site.