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AI Data Center
June 29th, 2026 - 06:34 GMT
P. Choiaqo

P. Choiaqo

South Korea to invest $650 billion into AI data centers by 2035

ALBAWABA - While some are wary of a possible AI bubble, others investing heavily into it - foreseeing returns on investments in 10-15 years, one such country is South Korea. South Korea cementing its already renowned status of a tech and innovation hub and powerhouse has decided to invest nearly a quadrillion won ($650 million) in AI data centers over the next nine years. "By 2035, we will build additional ...
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GCC: Oil, Gas Sector Contribute 80 Percent to Project Market Growth
November 28th, 2019 - 11:30 GMT

GCC: Oil, Gas Sector Contribute 80 Percent to Project Market Growth

Huawei CEO: 'We Can Still Be No.1 Without Google'
November 28th, 2019 - 11:06 GMT

Huawei CEO: 'We Can Still Be No.1 Without Google'

GCC: Insurance Premiums to Witness a Hike Due to an Increase in Ageing Population
November 28th, 2019 - 11:00 GMT

GCC: Insurance Premiums to Witness a Hike Due to an Increase in Ageing Population

Lebanon: Oil Trader IMMS Sues Local Bank for $1 Billion
November 28th, 2019 - 10:30 GMT

Lebanon: Oil Trader IMMS Sues Local Bank for $1 Billion

Saudi Arabia's E-Payments Exceed Target, Amounts to Over 36 Percent of All Payments
November 28th, 2019 - 10:00 GMT

Saudi Arabia's E-Payments Exceed Target, Amounts to Over 36 Percent of All Payments

Saudi Arabia: Women’s Participation in Labor Market up to 25 Percent
November 28th, 2019 - 09:30 GMT

Saudi Arabia: Women’s Participation in Labor Market up to 25 Percent

IMF: Discussions with Jordan to Adopt New 3-Year Economic Program
November 28th, 2019 - 09:00 GMT

IMF: Discussions with Jordan to Adopt New 3-Year Economic Program

Abu Dhabi to Reduce Its Consumption of Single-Use Plastic by 2021
November 28th, 2019 - 08:30 GMT

Abu Dhabi to Reduce Its Consumption of Single-Use Plastic by 2021

4 Reasons Why You Should Invest NOW in Dubai Real Estate Market
November 28th, 2019 - 08:00 GMT

4 Reasons Why You Should Invest NOW in Dubai Real Estate Market

Pakistan Mulls Granting New Privileges for Overseas Pakistanis
November 28th, 2019 - 07:30 GMT

Pakistan Mulls Granting New Privileges for Overseas Pakistanis

Foreign Suppliers Demand Advance Payment for Deliveries to Lebanon
November 28th, 2019 - 07:00 GMT

Foreign Suppliers Demand Advance Payment for Deliveries to Lebanon

Aramco IPO Retail Subscription Hits $7 Billion so Far
November 27th, 2019 - 02:00 GMT

Aramco IPO Retail Subscription Hits $7 Billion so Far

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