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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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Commercial crude oil stocks increased by 5.5 million barrels, or 1.2 percent.
April 25th, 2019 - 10:23 GMT

EIA: US Crude Oil Inventories, Production on the Rise

The UAE gross bank assets, including the bankers’ acceptances, hit $786 billion in March.
April 25th, 2019 - 10:13 GMT

UAE Gross Bank Assets Down to $786 Billion in March

Trump tweeted earlier on Tuesday that he would have more followers if Twitter wasn't playing their political games.
April 25th, 2019 - 10:01 GMT

Trump Meets Twitter CEO After Accusing the Company of 'Playing Political Games'

Ghosn has denied all four charges against him.
April 25th, 2019 - 08:56 GMT

Ghosn Set out of Detention After Posting $4.5 Million Bail

Turkey's e-commerce volume surged 42% year-on-year in 2018.
April 25th, 2019 - 07:47 GMT

Turkey's E-commerce Reaches Nearly $16 billion in 2018

In the end the pressure (America) is putting out is on the people.
April 25th, 2019 - 07:12 GMT

Iranians Brace for More Pain as US Oil Sanctions Close In

In the end the pressure (America) is putting out is on the people.
April 25th, 2019 - 07:12 GMT

Iranians Prepared for Harder Times Amid US Abolition of Waivers

85 percent of the funds to finance the project are now available.
April 25th, 2019 - 06:52 GMT

World’s Tallest Residential Tower to Be Constructed in Bahrain

Facebook has had several high-profile privacy lapses in the past couple of years.
April 25th, 2019 - 06:38 GMT

Facebook Expects Up to $5 Billion Fine Over Privacy Violation

Reform of the financial infrastructure of the property market is regarded as crucial to Saudi Arabia’s Vision 2030 reform plans.
April 25th, 2019 - 06:15 GMT

Saudi Arabia Reaps Profits from Real Estate Reforms

Better public services and sustainability lift UAE's ranking.
April 25th, 2019 - 06:10 GMT

UAE Rated as Most Stable Arab Nation in 2019

Voltamp is one of the leading companies specialised in energy solutions in the Sultanate as well as those of the entire Gulf region.
April 25th, 2019 - 06:01 GMT

New Technology to Reduce Power Loss by 30 Percent in Oman

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