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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 UAE's economic growth reached a two-year high of 2.8 per cent in the fourth quarter of 2018.
July 7th, 2019 - 06:22 GMT

Oil Cuts to Slowdown UAE's Economic Growth in 2019, Expo2020 to Revive It Next Year

 Amazon CEO Jeff Bezos and wife MacKenzie Bezos at Vanity Fair Oscar Party in Beverly Hills, California, US on March, 4, 2018.
July 7th, 2019 - 06:11 GMT

Bezos Finalises Divorce, MacKenzie Gets $38 Billion

Local and international expertise will be used to execute the project as well as benefit from the experience of Unido in this field
July 6th, 2019 - 03:00 GMT

Kuwait to Build First Industrial Techno-Complex

Despite lower supplies, crude oil has fallen from a six-month high above $75 a barrel in April
July 6th, 2019 - 12:00 GMT

OPEC Output Sinks to New Five-Year Low

Differences between the government and the governor over the conduct of monetary policy have deepened in the past few months
July 6th, 2019 - 10:00 GMT

Turkey Fires Central Bank Governor Amid Disagreements With the Government

To be fair, the Indian budget has traditionally ignored the NRIs, and in that, this budget follows the tradition.
July 6th, 2019 - 08:00 GMT

India's 2019 Budget to Serve the Less Privileged on the Expense of the NRIs

Iran can provide "affordability, accessibility and security" in the energy sector to India.
July 4th, 2019 - 02:00 GMT

India to Continue Trade With Iran Despite US Threats

The TankerTrackers monitoring group estimated the vessel was carrying up to 1.22 million barrels of crude oil.
July 4th, 2019 - 01:30 GMT

Saudi Arabia Holds Iranian 'Happiness' Hostage?

Food and Agriculture Organization (FAO) food price index averaged at 173 in June, slightly down from 173.5 in May
July 4th, 2019 - 01:00 GMT

Global Food Prices Slip in June

The impact of heat stress on labor productivity is a serious consequence of climate change.
July 4th, 2019 - 12:30 GMT

UN: Climate Change to Affect 80 Million Jobs by 2030

Total production rose 13% to 87,048 vehicles compared with the first quarter.
July 4th, 2019 - 11:00 GMT

Tesla Sets New Record for Quarterly Vehicle Deliveries, Shares Soar 7 Percent

Boeing will release additional information in the near future.
July 4th, 2019 - 10:30 GMT

Boeing Dedicates $100 Million Compensation Fund for Families of Planes Crash Victims

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