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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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The largest of these was Careem'’ landmark exit to Uber.
July 16th, 2019 - 07:18 GMT

MENA Startup Funding Surges 66 Percent in H1 2019

Interior design is important in all spaces, especially those where people learn, teach and heal.
July 16th, 2019 - 06:52 GMT

'Workspace' to Focus on Wellness and Sustainability

UAE-based decision makers are more concerned about leveraging digital innovation to drive down operational costs.
July 16th, 2019 - 06:51 GMT

UAE Performs Better Than the Global Average in Four out of Five Technology-Related Capabilities

Within the UK, wind power is the largest source of renewable electricity and the second largest source of renewable energy after biomass.
July 15th, 2019 - 11:50 GMT

Saudi Firm to Invest $1.3 Billion in UK Renewable Energy

The trend in Abu Dhabi in the first half of the year has seen a shift towards affordability and competitive pricing.
July 15th, 2019 - 09:56 GMT

Rental Prices in Abu Dhabi Continues to Decline Throughout the Rest of the Year

The power sector continues to evolve throughout the region, driven by the need for countries to meet demand growth, diversify their economies and create efficiencies.
July 15th, 2019 - 09:56 GMT

$209 Billion Worth of Investments Required in MENA to Meet Demand in Power Sector

Average daily rate (ADR) rose 7.2 per cent to Dh339.31 ($92.3) .
July 15th, 2019 - 09:56 GMT

Abu Dhabi Hotel Occupancy Soars to 62.9 Percent in June

The expo will have three main entrances as well as the Dubai Metro entrance.
July 15th, 2019 - 09:56 GMT

Dubai Builds Transport System for 25 Million Expo2020 Visitors

According to the iPhone-maker, there are several things that may cause an iPhone to catch fire, including using unauthorised charging cables and chargers.
July 15th, 2019 - 09:29 GMT

Apple Investigates an iPhone 6 Explosion Incident

A cut in interest rates would fuel both the ongoing stock market rally and low bond returns - both factors which make gold more attractive.
July 15th, 2019 - 09:24 GMT

Global Gold Demand Projected to Soar

The Boeing 737 Max was grounded worldwide.
July 15th, 2019 - 09:16 GMT

Boeing 737 Max Unlikely to Restart Operations Before 2020

All of the family members should have health insurance as long as they're living with the sponsor in the country.
July 15th, 2019 - 07:42 GMT

Expats in UAE Can Now Sponsor Their Families Regardless of Their Job Titles

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