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Armenia aims to become tech hub of South Caucasus with new AI data factory
19 June 2025
Armenia is set to host its own artificial intelligence data factory, with the project valued at $500 million and scheduled to begin operations in 2026. This investment initiative is being jointly implemented by Firebird, the Armenian government, and NVIDIA, JAMnews has reported. “FirebirdCloudAI is Armenia’s largest and most important tech investment the country’s ‘Stargate’. The idea was born when Jensen Huang, co-founder and CEO of NVIDIA, visited Yerevan in 2023. Today, it’s becoming reality. The AI factory, equipped with thousands of Blackwell GPUs, will spark innovation across Armenia,” Prime Minister Nikol Pashinyan wrote on X.