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Trump announces $20B plan to build new data centers in the US

President-elect Donald Trump has announced a $20 billion plan to invest in new data centers in the U.S.

The first phase of the multi-year investment will fund data centers in Arizona, Illinois, Indiana, Louisiana, Michigan, Ohio, Oklahoma, and Texas, Trump said during a press conference at his Mar-a-Lago home on Tuesday. A number of tech leaders have called for the U.S. to up its investment in data centers infrastructure, particularly as the AI industry continues to grow at an explosive pace. In an interview with Bloomberg published Sunday, OpenAI CEO Sam Altman said that there’s “a real opportunity” for the Trump Administration to “to do something much better [than the CHIPS Act] as a follow-on.”

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