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…
The MAC Affiliate Conference returned to Yerevan from May 25 to 27, bringing together the worlds of iGaming and affiliate marketing at Meridian Expo, the region’s leading exhibition center. The event attracted over 5,000 professionals from 62 countries, featured 200…
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…
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 game but have little decision-making power, and some seem interested, yet discussions never progress. The problem isn’t the…
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…
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 expression of the European Union’s readiness to support the development of innovation and entrepreneurship in…
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 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 foster innovation in high-tech and address modern challenges. Additionally, the Bahamut Foundation is providing an FTN…
