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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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Lebanon's economy is struggling with soaring debt, rising unemployment and slow growth.
May 12th, 2019 - 10:14 GMT

Austerity Talks Fuel the Lebanese Streets

Musk had called Unsworth a "paedo" in a July 15 post on Twitter after Unsworth.
May 12th, 2019 - 09:43 GMT

Musk Going to Trial in Defamation Case

Kuwaitis annually spend 11 percent of their income on tourism, travelling and recreation – the highest in GCC states.
May 12th, 2019 - 09:28 GMT

Kuwaitis Spent Nearly $14 Billion on Travel in 2018

The accord slapped restrictions on Iran that were designed to prevent it from making atomic bombs.
May 12th, 2019 - 09:16 GMT

The Consequences of Iran's Withdrawal From the Nuclear Deal

Negotiations have not broken down, but rather, on the contrary, this is only a normal twist in the negotiations between the two countries, it is inevitable
May 12th, 2019 - 08:58 GMT

3 Main Disagreements Hindering the US-China Deal

If the non-oil exports increase, it will enhance Iran's credibility globally and cause more foreign currency return
May 12th, 2019 - 07:51 GMT

Iran to Launch Integrated Foreign Exchange Market Aiming to Boost Non-Oil Exports

The Egyptian economy will continue to post real GDP growth of around 5.5% annually
May 12th, 2019 - 07:33 GMT

Egypt Relies on FDI Inflows to Narrow Current Account Deficits

President Trump said the United States would raise its tariffs on $200 billion of Chinese imports to 25 percent from 10 percent on Friday
May 12th, 2019 - 07:07 GMT

Why Stock Markets Isn't Severely Affected by US-China Trade War

Privileged Iqama will help build effective policies and strategies.
May 12th, 2019 - 06:36 GMT

Saudi Arabia to Have Its Own 'Green Card' System

Dell is building a network of women in technology in different countries
May 12th, 2019 - 05:59 GMT

How to Ensure Diversity in Tech Sector

Average rents at the Dubai International Financial Centre were the highest at approximately Dh200 per square foot annually.
May 12th, 2019 - 05:52 GMT

Office Rents in UAE Fall in Q1 2019

According to Fast Company, the kilometre-long stretch, to be built by Elonroad, will make it possible to charge electric vehicles while driving.
May 11th, 2019 - 09:00 GMT

Soon in Sweden: You'll Be Able to Charge Your Car on the Go

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