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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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Emirates airline mulls the possibility of providing government-approved laptops as a way to cushion the blow from the US electronics ban. (File photo)
March 28th, 2017 - 03:37 GMT

Emirates mulls loaning in-flight laptops to passengers amid US electronics ban

With a population expected to double in the next 50 years, Egypt is expected to face serious water and energy shortages by 2025. (File photo)
March 28th, 2017 - 02:55 GMT

Egypt to run out of water by 2025: Report

Oman cracks down on private health clinics. (File photo)
March 28th, 2017 - 01:25 GMT

More than 100 private health clinics fined in Oman, 12 shut down

The project seeks to accelerate revolutionary additive design, customer innovation, and digital manufacturing technologies. (File photo)
March 28th, 2017 - 12:49 GMT

Region’s first ‘microfactories’ are coming to the UAE

Exclusive offers await technology enthusiasts at GITEX Shopper 2017. (File photo)
March 28th, 2017 - 11:09 GMT

GITEX is back in Dubai with special deals for technology shoppers

Souq.com's CEO, Ronaldo Mouchawar.
March 28th, 2017 - 09:55 GMT

It’s official: Amazon buys Souq.com!

Saudi Arabia's Energy Minister Khalid Al-Falih during a meeting between members of the OPEC in 2016. (AFP)
March 28th, 2017 - 09:11 GMT

Saudi Aramco's tax cut is in the interest of the country, its citizens and future generations: Minister

Greek investments will help back Egypt's declining economy. (Wikimedia)
March 28th, 2017 - 08:40 GMT

Greece revives Egypt’s sluggish economy with $1B investment

IDB will spend $86 million for the expansion of the Tripoli port in Lebanon. (File photo)
March 28th, 2017 - 06:00 GMT

Saudi Arabia's IDB to donate $715M for development projects in three countries

Indian tourists to the UAE reign supreme. (Pexels)
March 28th, 2017 - 05:00 GMT

Indian visitors reign over Dubai, Abu Dhabi tourism sector

There are potentially 1,000 cars that might be included in the Nissan recall in the UAE. (File photo)
March 27th, 2017 - 04:00 GMT

Nissan recalls hundreds of cars in the UAE due to a power failure

BP will own 100% of the new gas field. (File photo)
March 27th, 2017 - 02:00 GMT

BP discovers not first or second.. But THIRD gas field in Egypt

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