The new center is designed to handle large-scale AI computing, from training AI models to business, scientific, and engineering applications.
The first phase of the project is worth $120 million. The first phase of the Gagarin AI factory houses 512 GPUs. The center currently operates with 1.2 megawatts of electrical power. It is planned to increase this to 5 megawatts in the future, and to 35…
Firebird AI will soon announce the launch of the third phase of its AI data center project in Armenia, bringing the number of GPUs to 110,000 units.
This was announced by Firebird co-founder Alexander Yesayan at AI Conf Armenia 2026 in Yerevan.
Alexander Yesayan, during his…
In 2026, MAC will once again bring together the leading iGaming and affiliate professionals in Yerevan. Attendees can expect upgraded zones, an enhanced program, more networking opportunities, and, of course, warm reunions with old friends and colleagues.
MAC has been a…
The PlayStation Network has been experiencing significant service interruptions since Friday evening, impacting multiple aspects of the platform’s functionality.
Sony’s PSN status page indicated widespread issues affecting account management, gaming and social features, PlayStation Video, PlayStation Store, and the PlayStation Direct website.
The disruption impacted both online…
You.com has officially integrated the DeepSeek AI model into its platform, making it available alongside top-tier AI models from Anthropic, Meta, Grok, and OpenAI. The newly deployed DeepSeek-R1 model is hosted on U.S. servers, ensuring that no user data is transmitted…
ServiceTitan, Inc. (“ServiceTitan”), the software platform that empowers the trades, has officially launched the roadshow for its proposed initial public offering (IPO) of Class A common stock. The company has filed a registration statement on Form S-1 with the U.S.
DevFest is a yearly tech event hosted by Google Developer Group (GDG) communities worldwide, pulling in folks keen on Google tech.
In Armenia, GDG Yerevan has been putting together DevFest since 2012. Come October 21, 2023, the tech community is celebrating the 10th round of DevFests in Armenia at Holiday Inn Yerevan – Republic Square, an IHG Hotel.
The official poster of DevFest Armenia…
Official Launch Event of the “Impact Hub (Candidate) Gyumri” and the CRELAB Creative Centre
September 16, 2023
On 15th of September 2023 the formal inauguration ceremony for the launch of Impact Hub (candidate) Gyumri and the Creative Centre (CRELAB) in the Shirak region took place.
Impact Hub (candidate) Gyumri and CRELAB have been founded under the auspices of the “Labs for…
Fitch upgrades Armenia's foreign currency rating to BB- from B+ with stable outlook
July 31, 2023
On July 28, 2023, Fitch Ratings raised Armenia’s Long-Term Foreign-Currency Issuer Default Rating (IDR) to ‘BB-‘ from ‘B+’, with a Stable Outlook.
Fitch Ratings has upgraded Armenia’s Long-Term Foreign-Currency Issuer Default Rating (IDR)…
Inflection AI secures $1.3 Billion in funding for empowering Personal AI for All
June 30, 2023
Inflection AI made an official announcement today about securing $1.3 billion in a recent funding round. The funding was primarily led by Microsoft, Reid Hoffman, Bill Gates, Eric Schmidt, and included participation from new investor NVIDIA. With this latest injection of capital, the company’s total funding now amounts to $1.525 billion.
The newly acquired funds will provide crucial support…
