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Trump announces $20 billion in foreign investment to build new data center | Real Time Headlines

President-elect Donald Trump A $20 billion foreign investment to build new data centers in the United States is expected to be announced on Tuesday, a person familiar with the matter told CNBC.

Billionaire Hussain Sajwani, a Trump associate and founder of real estate development company DAMAC Properties, has pledged the funding, sources said.

Trump is expected to make the announcement later Tuesday morning at Mar-a-Lago, his club and residence in Palm Beach, Florida.

This is breaking news. Please check back for updates.

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