InfraBusinessIn Armenia

Firebird and U.S. Government Launch $4 Billion AI Initiative in Armenia, Expanding to 50,000 GPUs

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February 13, 2026
U.S.-based AI infrastructure firm Firebird has unveiled the second phase of its Armenian AI supercomputing project, obtaining U.S. export approval for an additional 41,000 NVIDIA GB300 graphics processing units destined for Armenia. The expansion brings the total investment to $4 billion and will establish one of the world’s five largest AI GPU installations in the country, representing…
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BusinessInfra

UN Tourism Unveils "Tourism Doing Business – Investing in Armenia" Guidelines

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September 14, 2024
The UN Tourism Organization has expanded its portfolio of investment guidelines with a new edition centered on Armenia’s potential. “Tourism Doing Business – Investing in Armenia” provides investors and tourism professionals with valuable insights into the country’s tourism industry. It highlights Armenia’s rich cultural heritage, strong economic growth, and…
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In ArmeniaBusiness

Fastex supports WCIT 2024

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August 31, 2024
A memorandum was signed between Fastex and the NGO “Union of Leading Technologies Enterprises” during the WCIT World Congress of Innovation and Technologies, scheduled to take place in Armenia from October 4-7. As part of this collaboration, the Union will…
In ArmeniaBusiness

FemInno and UATE partner to enhance female representation at WCIT2024/DigiTec 2024

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July 31, 2024
The Union of Advanced Technology Enterprises of Armenia (UATE) has entered into a Memorandum of Understanding (MoU) with the FemInno Cultural-Innovative platform to collaborate on the 2024 World Congress on Innovation Technology (WCIT2024/DigiTec). This agreement marks the beginning of a partnership aimed at boosting female representation and participation in Congress, both locally and…
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