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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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Google and Facebook can have a say in deciding how they are taxed and how much they should have to pay.
August 22nd, 2019 - 12:07 GMT

India Plans to Follow France's Lead and Start Taxing Tech Giants

The probability-of-saving index posted the highest rise, suggesting more people expected to save money.
August 22nd, 2019 - 12:00 GMT

Consumer Confidence Rises 3.1 Percent in Turkey

Diamonds account for more than 90 per cent of Botswana's exports to the UAE
August 22nd, 2019 - 11:00 GMT

UAE's Trade With Botswana Hits $1.4 Billion in 2018

Germany is facing pressure at home and abroad to ditch its pledge to target balanced budgets and instead boost investment by taking on new debt.
August 22nd, 2019 - 10:30 GMT

Germany Needs Drastic Support Amid Recession Warnings

The first area, digital skills development and job creation, is set to receive the majority of the funding, $150 million.
August 22nd, 2019 - 09:30 GMT

World Bank Proposes $200 Million Investment Project to Boost Job Creation, IT Sector in Jordan

The country's monthly inflation rate is at 40.4% and the national unemployment rate is some 12%.
August 22nd, 2019 - 09:00 GMT

Iran to Slash 4 Zeros From Its Currency

Waiting and travel time has been cut with the recent launch of 'realtimeDXB'
August 22nd, 2019 - 08:38 GMT

Dubai Airport to Welcome Over 70,000 Passengers This Saturday

The Pakistani Twitter handles were suspended last week after India reported to Twitter and Facebook
August 22nd, 2019 - 07:09 GMT

Pakistan Raises Concerns Over Suspension of Twitter Accounts

The app currently supports 16 languages for chat translation including Arabic, Chinese, Hindi, Farsi and others.
August 22nd, 2019 - 06:40 GMT

New Video Call App Available Now in UAE

Lebanon aims to be producing 30% of its energy from renewable sources by 2030
August 22nd, 2019 - 06:38 GMT

Lebanon Sees High Chances of Offshore Energy Discovery

Zohr’s discovery piqued investor interest in Egypt’s gas market and renewed the country’s hopes of becoming a regional energy hub.
August 22nd, 2019 - 05:55 GMT

Egypt Speeds Up Efforts to Turn Into a Regional Energy Hub

Facebook said it is starting by gradually making Off-Facebook Activity available to people in Ireland, South Korea and Spain.
August 21st, 2019 - 10:56 GMT

Users Now Have More Control Over Data With 'Off-Facebook Activity'

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