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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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Bitcoin has registered some impressive gains over the last 48 hours after being in a lull period in recent weeks.
October 29th, 2019 - 08:00 GMT

Bitcoin Might Hit $12,000 by the End of the Year

They also covered the oil markets.
October 29th, 2019 - 07:30 GMT

Saudi Arabia, US Discuss Oil Market Stability

Oil and gas output stood at 140 mtoe, down from 143 mtoe in January-September 2018.
October 29th, 2019 - 07:00 GMT

Algerian Oil, Gas Export Volumes Drop 9 Percent in First 9 Months

Millennium Taiba Hotel Madinah.
October 28th, 2019 - 11:24 GMT

Saudi Arabia: Hotel Sector Eyes Profits from New Tourist Visa Program

Model S Tesla.
October 28th, 2019 - 10:32 GMT

Driver Dies After Being Trapped Inside Burning Tesla

Infosys shares tanked nearly 17 per cent to mark their worst intraday fall in over six years.
October 28th, 2019 - 10:22 GMT

Infosys Shares Crashes over Allegations of 'Unethical Practices'

Sabic bought its stake in Clariant in January 2018.
October 28th, 2019 - 09:54 GMT

Sabic Reports 86 Percent Drop in Q3 Net Profit

The IMF had earlier revised down growth forecast for 2019 to 1.6 per cent from its previous forecast of 2.8 per cent.
October 28th, 2019 - 09:45 GMT

IMF: UAE GDP Projected to Grow at 2.5 Percent Due to Non-Oil Sector

Riyadh, Saudi Arabia.
October 28th, 2019 - 09:36 GMT

Saudi Arabia: Over 47,000 Tourist Visas Issued in One Month

The company has received harsh criticism from the FAA on Friday for only recently alerting the agency to concerns about the plane expressed by two of its employees during the jet’s 2016 certification process.
October 28th, 2019 - 09:28 GMT

Boeing: Significant Progress Made on 737 MAX Return

The Google Street View fashion show will be available on Google Street View, and all models are styled using the latest trends available to purchase from City Centre malls across the UAE.
October 28th, 2019 - 08:38 GMT

Dubai Malls Launch Fashion Show on Google Street View

An Air China flight to Bangkok was the first international flight to leave on Sunday.
October 28th, 2019 - 08:38 GMT

Beijing's New Airport Commences International Flights

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