President-elect Donald Trump has revealed a $20 billion investment plan to establish new data centers across the U.S., spearheaded by Emirati billionaire Hussain Sajwani. The initiative aims to enhance AI and cloud technologies, with data centers planned in several states including Arizona and Texas. Sajwani emphasized the long-awaited potential for U.S. investments, though past pledges have often fallen short. Critics of the CHIPS Act, including Trump, aim to redirect focus towards bolstering infrastructure for AI growth. Industry leaders are urging increased investment to maintain U.S. technological leadership.