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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 event was launched under the patronage and in the presence of HRH Prince Al Hussein bin Abdullah II, Crown Prince of Jordan.
May 30th, 2019 - 10:41 GMT

UAE Launches ‘One Million Jordanian Coders’ Initiative in Jordan

Facebook deleted 783 “inauthentic” pages, groups and accounts tied to Iran
May 30th, 2019 - 10:30 GMT

Facebook Removes Iranian-Linked Accounts Due to ‘Inauthentic Behavior

The findings of the survey showed that Jordanian families’ daily spending on smoking amounts to JD1.5
May 30th, 2019 - 10:00 GMT

Consumers Spend over $1 Billion on Tobacco Products in Jordan

When governments permit counterfeiting or copying of American products, it is stealing our future, and it is no longer free trade
May 30th, 2019 - 09:30 GMT

US Trade Wars with Asian Countries Proves that History Repeats Itself

Moody's expects Bahraini banks' funding and liquidity conditions will remain healthy.
May 30th, 2019 - 08:30 GMT

Moody's Changes Bahrain's Banking System's Outlook to Stable

Both property prices and rentals have been consistently on the decline since mid-2014
May 30th, 2019 - 08:00 GMT

Cash-Based Transactions Dominate Dubai's Property Market

Some of Iran's oil exports are already under the radar, making it harder to assess the actual volume.
May 30th, 2019 - 07:30 GMT

Iran's Oil Exports Plummet to 400,000 bpd Due to US Sanctions

OPEC, Russia and other producers agreed to cut output by 1.2 million barrels per day
May 30th, 2019 - 07:00 GMT

Russia Mulls Extending Oil Output Reduction with OPEC

Super 98 petrol will cost Dh2.53 per litre, up from Dh2.48 a litre in May
May 30th, 2019 - 06:30 GMT

UAE to Raise Petrol Prices in June

Industry executives say that remittances grow around five per cent during Eid holidays.
May 30th, 2019 - 06:00 GMT

Remittances From UAE Increases 3 Percent in 2019

Total debts payable by the Libyan government to Jordanian hospitals amount to $220 million, as calculated before the end of 2018
May 29th, 2019 - 01:30 GMT

Libya Wires $110 Million to Jordan to Pay Its Debts to Hospitals

Today’s humanitarian aid model is fundamentally broken.
May 29th, 2019 - 01:00 GMT

Bitcoin: A Game Changer for Humanitarian Aid

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