DAMAC Data Centers Investment
Sector: Technology • Location: United States
Source: Fox Business
DAMAC, a UAE-based company, is set to invest $20 billion to build data centers across several states in the Midwest and Sun Belt regions of the United States. The investment aims to cater to the AI and cloud business for hyperscalers, with the first phase planned in states including Texas, Arizona, and Oklahoma.
- Status
- Prospective
- Sector
- Technology
- Location
- United States of America
- Updated
- 22 Jul 2026
- Source
- Fox Business
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Project Information
Participants
| Not available for this record. |
Status
Original status | Planned |
Taiyo status | Prospective |
Taiyo last update | 2026-07-22 |
Contact
| Not available for this record. |
Description
Description | DAMAC, a UAE-based company, is set to invest $20 billion to build data centers across several states in the Midwest and Sun Belt regions of the United States. The investment aims to cater to the AI and cloud business for hyperscalers, with the first phase planned in states including Texas, Arizona, and Oklahoma. |
Original sector | Technology |
Budget |
Location
Country | United States of America (USA) |
Source
Source | Fox Business |
URL |
More Details
Record type | Project |
Article published date | 2025-01-13 |
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