Armenia’s IT sector maintained a strong presence among the country’s top taxpayers in the first quarter of 2026, showing notable year-over-year growth in total contributions. Modex represents Q1 data for the 2025/2026 period.
General overview
78 IT companies were listed among Armenia’s 1,000 largest taxpayers in Q1 2026, collectively contributing AMD 28 billion to the state…
Entering a new market over calls and emails may sound simple on paper: find the right contacts, reach out, set up calls, discuss terms, and move forward.
In reality, this approach often stalls at the very start. Some contacts turn out to be irrelevant, others talk a good…
Picsart, an AI-powered design platform, is launching a creator monetization program, the company exclusively told TechCrunch. Unlike similar programs in the industry, Picsart’s creator monetization program is open to everyone — no waitlists, no minimum follower…
Firebird and U.S. Government Launch $4 Billion AI Initiative in Armenia, Expanding to 50,000 GPUs
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…
EU4Innovation East program has announced the launch of a new grant competition to develop incubation programs in Armenia across four strategic sectors: cybersecurity, aerospace technologies, agriculture, and financial technologies (FinTech).
“This initiative is an…
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.
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…
The Ministry of High-Tech Industry of the Republic of Armenia is launching the “From Idea to Business” grant competition, offering 29 tech projects the opportunity to win up to 10 million AMD each, with a total budget of 290 million AMD.
The initiative aims to…
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…
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…
