AI revolutionized fintech in 2024, automating processes and driving innovation.
Trump says Sajwani to invest $20B in data centers to support the ongoing fintech boom.
Data centers are key to powering AI-driven fintech advancements.
As AI dominates fintech, Trump secures a massive $20 billion deal with UAE real estate tycoon Hussain
Sajwani to power the future of fintech through next-gen data centers.
Fintech in 2024 – The Rise of AI
Artificial intelligence (AI) reshaped everything from fraud detection
to customer service, creating efficiencies that even the savviest tech
entrepreneurs could only dream of a few years ago. Chatbots offered instant
responses that put traditional customer service to shame. Meanwhile, AI-powered
algorithms disrupted wealth management, turning what was once a privilege of
the elite into a democratized service accessible to anyone with a smartphone … for better or worse.
Even in stock trading, AI ruled the roost. Algorithms, uninhibited by
human error, attempted to optimize trades to perfection. The result? Leaner
operations, higher profits, and a fintech industry laser-focused on innovation.
But this AI-driven revolution demands one thing above all—raw computing power.
Data Centers: The Backbone of the AI Revolution
AI doesn’t run on wishful thinking—it runs on data and power, and lots
of both. That’s where data centers come in. These tech fortresses are the
unsung heroes of fintech, quietly processing the zettabytes
of information required for AI to learn, adapt, and predict. Without them, your
AI-powered trading app would be about as useful as a fax machine.
Hussain Sajwani, founder of Founder, DAMAC Properties (LinkedIn).
This need for high-performance computing is precisely why data center
investment is booming. In 2024, every fintech firm worth its salt scrambled to
secure scalable, reliable infrastructure to support their AI ambitions. As the
industry shifted gears, a major announcement from U.S. President-elect Donald
Trump and Dubai real estate mogul and founder of DAMAC Properties, Hussain
Sajwani aimed to address this growing demand.
Trump and Sajwani’s $20 Billion Bet on Data Centers
In a surprise move that had Wall Street buzzing, Trump revealed a $20
billion investment plan with Sajwani to develop next-gen data centers across
the U.S., with
the UAE-based property tycoon set to front the cash. The initiative is
designed to bolster America’s tech infrastructure, with a keen eye on
supporting AI-powered fintech growth.
"We're planning to invest $20 billion and even more than that, if
the opportunity in the market allows us," said Sajwani at Trump's
Mar-a-Lago home.
For Trump, it’s a legacy project—a bold bid to position the U.S. as the
global leader in AI and fintech innovation. For Sajwani, it’s a lucrative
opportunity to diversify his empire beyond luxury real estate. Together,
they’re not just building data centers; they’re laying the groundwork for
fintech’s future.
In a bid to encourage foreign investment Trump
proclaimed that, “We're going to be helping you and everybody else that
comes to the United States and wants to invest their money, that you don't get
tied up for the rest of your life and you can't do anything.” Whether you love
him or loathe him, you can’t deny the audacity of the plan—or its potential
impact on the fintech landscape.
Why This Matters for Fintech
The link between AI and fintech is undeniable. As AI capabilities
expand, so does the demand for robust data infrastructure. Trump and Sajwani’s
mega-deal underscores a critical reality: without cutting-edge data centers,
the fintech industry will inevitably hit a technological ceiling.
Consider fraud detection, one of fintech’s most transformative use
cases for AI. Detecting fraudulent transactions in real-time requires analyzing
millions of data points instantly—a task only possible with massive computing
power. Similarly, AI-driven lending models depend on processing vast amounts of
consumer data to make accurate risk assessments. Both are impossible without
high-capacity data centers.
Trump’s announcement couldn’t have come at a better time. As AI
continues to push fintech forward, the industry needs infrastructure that can
keep up. And while $20 billion is certainly a serious investment, the
returns—both economic and technological—could be staggering.
The Bottom Line
2024 will be remembered as the year AI cemented its place in fintech, beginning
to revolutionize how the industry operates. But none of this innovation can
happen in a vacuum. It requires serious investment in data infrastructure, and
Trump and Sajwani’s $20 billion data center initiative is a clear recognition
of that fact.
As fintech evolves, the marriage of AI and data centers will define its
trajectory. Whether you’re bullish on Trump’s latest venture or skeptical about
its long-term viability, one thing is clear: the fintech revolution is here,
and it’s powered by AI and the data centers fueling its rise.
As AI dominates fintech, Trump secures a massive $20 billion deal with UAE real estate tycoon Hussain
Sajwani to power the future of fintech through next-gen data centers.
Fintech in 2024 – The Rise of AI
Artificial intelligence (AI) reshaped everything from fraud detection
to customer service, creating efficiencies that even the savviest tech
entrepreneurs could only dream of a few years ago. Chatbots offered instant
responses that put traditional customer service to shame. Meanwhile, AI-powered
algorithms disrupted wealth management, turning what was once a privilege of
the elite into a democratized service accessible to anyone with a smartphone … for better or worse.
Even in stock trading, AI ruled the roost. Algorithms, uninhibited by
human error, attempted to optimize trades to perfection. The result? Leaner
operations, higher profits, and a fintech industry laser-focused on innovation.
But this AI-driven revolution demands one thing above all—raw computing power.
Data Centers: The Backbone of the AI Revolution
AI doesn’t run on wishful thinking—it runs on data and power, and lots
of both. That’s where data centers come in. These tech fortresses are the
unsung heroes of fintech, quietly processing the zettabytes
of information required for AI to learn, adapt, and predict. Without them, your
AI-powered trading app would be about as useful as a fax machine.
Hussain Sajwani, founder of Founder, DAMAC Properties (LinkedIn).
This need for high-performance computing is precisely why data center
investment is booming. In 2024, every fintech firm worth its salt scrambled to
secure scalable, reliable infrastructure to support their AI ambitions. As the
industry shifted gears, a major announcement from U.S. President-elect Donald
Trump and Dubai real estate mogul and founder of DAMAC Properties, Hussain
Sajwani aimed to address this growing demand.
Trump and Sajwani’s $20 Billion Bet on Data Centers
In a surprise move that had Wall Street buzzing, Trump revealed a $20
billion investment plan with Sajwani to develop next-gen data centers across
the U.S., with
the UAE-based property tycoon set to front the cash. The initiative is
designed to bolster America’s tech infrastructure, with a keen eye on
supporting AI-powered fintech growth.
"We're planning to invest $20 billion and even more than that, if
the opportunity in the market allows us," said Sajwani at Trump's
Mar-a-Lago home.
For Trump, it’s a legacy project—a bold bid to position the U.S. as the
global leader in AI and fintech innovation. For Sajwani, it’s a lucrative
opportunity to diversify his empire beyond luxury real estate. Together,
they’re not just building data centers; they’re laying the groundwork for
fintech’s future.
In a bid to encourage foreign investment Trump
proclaimed that, “We're going to be helping you and everybody else that
comes to the United States and wants to invest their money, that you don't get
tied up for the rest of your life and you can't do anything.” Whether you love
him or loathe him, you can’t deny the audacity of the plan—or its potential
impact on the fintech landscape.
Why This Matters for Fintech
The link between AI and fintech is undeniable. As AI capabilities
expand, so does the demand for robust data infrastructure. Trump and Sajwani’s
mega-deal underscores a critical reality: without cutting-edge data centers,
the fintech industry will inevitably hit a technological ceiling.
Consider fraud detection, one of fintech’s most transformative use
cases for AI. Detecting fraudulent transactions in real-time requires analyzing
millions of data points instantly—a task only possible with massive computing
power. Similarly, AI-driven lending models depend on processing vast amounts of
consumer data to make accurate risk assessments. Both are impossible without
high-capacity data centers.
Trump’s announcement couldn’t have come at a better time. As AI
continues to push fintech forward, the industry needs infrastructure that can
keep up. And while $20 billion is certainly a serious investment, the
returns—both economic and technological—could be staggering.
The Bottom Line
2024 will be remembered as the year AI cemented its place in fintech, beginning
to revolutionize how the industry operates. But none of this innovation can
happen in a vacuum. It requires serious investment in data infrastructure, and
Trump and Sajwani’s $20 billion data center initiative is a clear recognition
of that fact.
As fintech evolves, the marriage of AI and data centers will define its
trajectory. Whether you’re bullish on Trump’s latest venture or skeptical about
its long-term viability, one thing is clear: the fintech revolution is here,
and it’s powered by AI and the data centers fueling its rise.
Louis Parks has lived and worked in and around the Middle East for much of his professional career. He writes about the meeting of the tech and finance worlds.
Prediction Markets Scale Up as Volumes Surge, But Regulation and Liquidity Remain Key Constraints
Hannah Hill on Innovation, Branding & Award-Winning Technology | Executive Interview | AXI
Hannah Hill on Innovation, Branding & Award-Winning Technology | Executive Interview | AXI
Recorded live at FMLS:25, this executive interview features Hannah Hill, Head of Brand and Sponsorship at AXI, in conversation with Finance Magnates, following AXI’s win for Most Innovative Broker of the Year 2025.
In this wide-ranging discussion, Hannah shares insights on:
🔹What winning the Finance Magnates award means for AXI’s credibility and innovation
🔹How the launch of AXI Select, the capital allocation program, is redefining industry standards
🔹The development and rollout of the AXI trading app across multiple markets
🔹Driving brand evolution alongside technological advancements
🔹Encouraging and recognizing teams behind the scenes
🔹The role of marketing, content, and social media in building product awareness
Hannah explains why standout products, strategic branding, and a focus on innovation are key to growing visibility and staying ahead in a competitive brokerage landscape.
🏆 Award Highlight: Most Innovative Broker of the Year 2025
👉 Subscribe to Finance Magnates for more executive interviews, industry insights, and exclusive coverage from the world’s leading financial events.
#FMLS25 #FinanceMagnates #MostInnovativeBroker #TradingTechnology #FinTech #Brokerage #ExecutiveInterview #AXI
Recorded live at FMLS:25, this executive interview features Hannah Hill, Head of Brand and Sponsorship at AXI, in conversation with Finance Magnates, following AXI’s win for Most Innovative Broker of the Year 2025.
In this wide-ranging discussion, Hannah shares insights on:
🔹What winning the Finance Magnates award means for AXI’s credibility and innovation
🔹How the launch of AXI Select, the capital allocation program, is redefining industry standards
🔹The development and rollout of the AXI trading app across multiple markets
🔹Driving brand evolution alongside technological advancements
🔹Encouraging and recognizing teams behind the scenes
🔹The role of marketing, content, and social media in building product awareness
Hannah explains why standout products, strategic branding, and a focus on innovation are key to growing visibility and staying ahead in a competitive brokerage landscape.
🏆 Award Highlight: Most Innovative Broker of the Year 2025
👉 Subscribe to Finance Magnates for more executive interviews, industry insights, and exclusive coverage from the world’s leading financial events.
#FMLS25 #FinanceMagnates #MostInnovativeBroker #TradingTechnology #FinTech #Brokerage #ExecutiveInterview #AXI
Executive Interview | Dor Eligula | Co-Founder & Chief Business Officer, BridgeWise | FMLS:25
Executive Interview | Dor Eligula | Co-Founder & Chief Business Officer, BridgeWise | FMLS:25
In this session, Jonathan Fine form Ultimate Group speaks with Dor Eligula from Bridgewise, a fast-growing AI-powered research and analytics firm supporting brokers and exchanges worldwide.
We start with Dor’s reaction to the Summit and then move to broker growth and the quick wins brokers often overlook. Dor shares where he sees “blue ocean” growth across Asian markets and how local client behaviour shapes demand.
We also discuss the rollout of AI across investment research. Dor gives real examples of how automation and human judgment meet at Bridgewise — including moments when analysts corrected AI output, and times when AI prevented an error.
We close with a practical question: how retail investors can actually use AI without falling into common traps.
In this session, Jonathan Fine form Ultimate Group speaks with Dor Eligula from Bridgewise, a fast-growing AI-powered research and analytics firm supporting brokers and exchanges worldwide.
We start with Dor’s reaction to the Summit and then move to broker growth and the quick wins brokers often overlook. Dor shares where he sees “blue ocean” growth across Asian markets and how local client behaviour shapes demand.
We also discuss the rollout of AI across investment research. Dor gives real examples of how automation and human judgment meet at Bridgewise — including moments when analysts corrected AI output, and times when AI prevented an error.
We close with a practical question: how retail investors can actually use AI without falling into common traps.
Brendan Callan joined us fresh off the Summit’s most anticipated debate: “Is Prop Trading Good for the Industry?” Brendan argued against the motion — and the audience voted him the winner.
In this interview, Brendan explains the reasoning behind his position. He walks through the message he believes many firms avoid: that the current prop trading model is too dependent on fees, too loose on risk, and too confusing for retail audiences.
We discuss why he thinks the model grew fast, why it may run into walls, and what he believes is needed for a cleaner, more responsible version of prop trading.
This is Brendan at his frankest — sharp, grounded, and very clear about what changes are overdue.
Brendan Callan joined us fresh off the Summit’s most anticipated debate: “Is Prop Trading Good for the Industry?” Brendan argued against the motion — and the audience voted him the winner.
In this interview, Brendan explains the reasoning behind his position. He walks through the message he believes many firms avoid: that the current prop trading model is too dependent on fees, too loose on risk, and too confusing for retail audiences.
We discuss why he thinks the model grew fast, why it may run into walls, and what he believes is needed for a cleaner, more responsible version of prop trading.
This is Brendan at his frankest — sharp, grounded, and very clear about what changes are overdue.
Elina Pedersen on Growth, Stability & Ultra-Low Latency | Executive Interview | Your Bourse
Elina Pedersen on Growth, Stability & Ultra-Low Latency | Executive Interview | Your Bourse
Recorded live at FMLS:25 London, this executive interview features Elina Pedersen, in conversation with Finance Magnates, following her company’s win for Best Connectivity 2025.
🔹In this wide-ranging discussion, Elina shares insights on:
🔹What winning a Finance Magnates award means for credibility and reputation
🔹How broker demand for stability and reliability is driving rapid growth
🔹The launch of a new trade server enabling flexible front-end integrations
🔹Why ultra-low latency must be proven with data, not buzzwords
🔹Common mistakes brokers make when scaling globally
🔹Educating the industry through a newly launched Dealers Academy
🔹Where AI fits into trading infrastructure and where it doesn’t
Elina explains why resilient back-end infrastructure, deep client partnerships, and disciplined focus are critical for brokers looking to scale sustainably in today’s competitive market.
🏆 Award Highlight: Best Connectivity 2025
👉 Subscribe to Finance Magnates for more executive interviews, industry insights, and exclusive coverage from the world’s leading financial events.
#FMLS25 #FinanceMagnates #BestConnectivity #TradingTechnology #UltraLowLatency #FinTech #Brokerage #ExecutiveInterview
Recorded live at FMLS:25 London, this executive interview features Elina Pedersen, in conversation with Finance Magnates, following her company’s win for Best Connectivity 2025.
🔹In this wide-ranging discussion, Elina shares insights on:
🔹What winning a Finance Magnates award means for credibility and reputation
🔹How broker demand for stability and reliability is driving rapid growth
🔹The launch of a new trade server enabling flexible front-end integrations
🔹Why ultra-low latency must be proven with data, not buzzwords
🔹Common mistakes brokers make when scaling globally
🔹Educating the industry through a newly launched Dealers Academy
🔹Where AI fits into trading infrastructure and where it doesn’t
Elina explains why resilient back-end infrastructure, deep client partnerships, and disciplined focus are critical for brokers looking to scale sustainably in today’s competitive market.
🏆 Award Highlight: Best Connectivity 2025
👉 Subscribe to Finance Magnates for more executive interviews, industry insights, and exclusive coverage from the world’s leading financial events.
#FMLS25 #FinanceMagnates #BestConnectivity #TradingTechnology #UltraLowLatency #FinTech #Brokerage #ExecutiveInterview
In this video, we take an in-depth look at @BlueberryMarketsForex , a forex and CFD broker operating since 2016, offering access to multiple trading platforms, over 1,000 instruments, and flexible account types for different trading styles.
We break down Blueberry’s regulatory structure, including its Australian Financial Services License (AFSL), as well as its authorisation and registrations in other jurisdictions. The review also covers supported platforms such as MetaTrader 4, MetaTrader 5, cTrader, TradingView, Blueberry.X, and web-based trading.
You’ll learn about available instruments across forex, commodities, indices, share CFDs, and crypto CFDs, along with leverage options, minimum and maximum trade sizes, and how Blueberry structures its Standard and Raw accounts.
We also explain spreads, commissions, swap rates, swap-free account availability, funding and withdrawal methods, processing times, and what traders can expect from customer support and additional services.
Watch the full review to see whether Blueberry’s trading setup aligns with your experience level, strategy, and risk tolerance.
📣 Stay up to date with the latest in finance and trading. Follow Finance Magnates for industry news, insights, and global event coverage.
Connect with us:
🔗 LinkedIn: /financemagnates
👍 Facebook: /financemagnates
📸 Instagram: https://www.instagram.com/financemagnates
🐦 X: https://x.com/financemagnates
🎥 TikTok: https://www.tiktok.com/tag/financemagnates
▶️ YouTube: /@financemagnates_official
#Blueberry #BlueberryMarkets #BrokerReview #ForexBroker #CFDTrading #OnlineTrading #FinanceMagnates #TradingPlatforms #MarketInsights
In this video, we take an in-depth look at @BlueberryMarketsForex , a forex and CFD broker operating since 2016, offering access to multiple trading platforms, over 1,000 instruments, and flexible account types for different trading styles.
We break down Blueberry’s regulatory structure, including its Australian Financial Services License (AFSL), as well as its authorisation and registrations in other jurisdictions. The review also covers supported platforms such as MetaTrader 4, MetaTrader 5, cTrader, TradingView, Blueberry.X, and web-based trading.
You’ll learn about available instruments across forex, commodities, indices, share CFDs, and crypto CFDs, along with leverage options, minimum and maximum trade sizes, and how Blueberry structures its Standard and Raw accounts.
We also explain spreads, commissions, swap rates, swap-free account availability, funding and withdrawal methods, processing times, and what traders can expect from customer support and additional services.
Watch the full review to see whether Blueberry’s trading setup aligns with your experience level, strategy, and risk tolerance.
📣 Stay up to date with the latest in finance and trading. Follow Finance Magnates for industry news, insights, and global event coverage.
Connect with us:
🔗 LinkedIn: /financemagnates
👍 Facebook: /financemagnates
📸 Instagram: https://www.instagram.com/financemagnates
🐦 X: https://x.com/financemagnates
🎥 TikTok: https://www.tiktok.com/tag/financemagnates
▶️ YouTube: /@financemagnates_official
#Blueberry #BlueberryMarkets #BrokerReview #ForexBroker #CFDTrading #OnlineTrading #FinanceMagnates #TradingPlatforms #MarketInsights
