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Trump announces $20 billion in new data centers in post-certification address

President-elect Trump addressed the nation Tuesday for the first time since his November election victory was certified.

Trump held a press conference at his Mar-a-Lago home the day after Congress and Vice President Kamala Harris certified his Electoral College victory. President Trump took the opportunity to announce that he would spend $20 billion to build new data centers across the United States.

President Trump said $20 billion would be paid by DAMAC Properties “in a short period of time.” The company's owner, Hussein Sajwani, detailed that the investments will be focused on Texas, Oklahoma, Indiana and other Midwestern states.

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President-elect Donald Trump addressed the nation for the first time since winning the election. (AP image)

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Sajwani said the investment is aimed at accelerating the development of AI and cloud-based technologies.

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