Business

BREAKING: Armenian Billionaire & Philanthropist Samvel Karapetyan Detained for Two Months Over Church Support; Lawyers Call Decision “Absurd & Unlawful”

Prominent Armenian-Russian billionaire businessman and philanthropist Samvel Karapetyan has been detained for two months by the Criminal Court of the General Jurisdiction of Yerevan. The court decision was announced late...

Armenia The Editor -

Armenian-Founded Gecko Robotics Reaches Historic Unicorn Status With $1.25 Billion Valuation

Gecko Robotics, co-founded and led by Armenian-American entrepreneur Jake Loosararian, has officially reached unicorn...

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BREAKING: $500 Million AI Factory To Launch In Armenia By 2026, Powered By NVIDIA, Making it A Regional AI Powerhouse

Armenia is set to become a regional powerhouse in artificial intelligence. Firebird, a San...

Armenia The Editor -

Baby with Rare Disease Thrives After Life-Saving World-First Gene Therapy Made by Nobel Laureate, Descendant of Armenian Genocide Survivor

A baby born with a rare and dangerous genetic disease is growing and thriving after getting...

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Latest

BREAKING: Armenian Billionaire & Philanthropist Samvel Karapetyan Detained for Two Months Over Church Support; Lawyers Call Decision “Absurd & Unlawful”

Prominent Armenian-Russian billionaire businessman and philanthropist Samvel Karapetyan has been detained for two months by the Criminal Court of the General Jurisdiction of Yerevan. The...

Armenian-Founded Gecko Robotics Reaches Historic Unicorn Status With $1.25 Billion Valuation

Gecko Robotics, co-founded and led by Armenian-American entrepreneur Jake Loosararian, has officially reached unicorn status. The Pittsburgh-based company just raised $125 million in a...

BREAKING: $500 Million AI Factory To Launch In Armenia By 2026, Powered By NVIDIA, Making it A Regional AI Powerhouse

Armenia is set to become a regional powerhouse in artificial intelligence. Firebird, a San Francisco– and Yerevan-based AI cloud startup, has officially announced a...

Baby with Rare Disease Thrives After Life-Saving World-First Gene Therapy Made by Nobel Laureate, Descendant of Armenian Genocide Survivor

A baby born with a rare and dangerous genetic disease is growing and thriving after getting an experimental gene editing treatment made just for him, reports the Associated Press. Researchers described the...

Armenia’s Foreign Trade Turnover Down 40% In January To $1.4 Billion

The volume of Armenia’s foreign and mutual trade turnover in January 2025 decreased by 40% compared to January 2024, amounting to $1.37 billion, according...

All-ASA Opens Applications for Mentorship Program, Connecting Armenian Students with Top Executives from Netflix, Oaktree, UCLA School of Medicine, Index Ventures & More

On March 3, 2025, the All-Armenian Student Association (All-ASA) officially opened applications for its groundbreaking Mentorship Program. The deadline to apply is March 21,...

Accor Partners With Technotun To Bring The World-Renowned Pullman To Armenia With A Landmark 20,000-Square-Meter Complex Opening In Yerevan In 2027

Accor, a world-leading hospitality group, has signed an agreement with Technotun, a major real estate operator in Armenia, to introduce Pullman, a globally recognized...

Armenian-Founded BlueQubit Raises $10 Million Seed Round To Bridge The Quantum Computing Gap & Take Quantum Software Into Real-World Applications

BlueQubit, a San Francisco-based quantum software startup founded by Armenian entrepreneurs and Stanford alumni Hrant Gharibyan and Hayk Tepanyan, has raised $10 million in...

SuperAnnotate Raises $36 Million In Series B Funding To Advance AI Data Management, Shaping Its Future

SuperAnnotate, founded in 2018 by Armenian brothers Vahan and Tigran Petrosyan, has raised $36 million in a Series B funding round, reports Zartonk Media. The...

Armenia’s Team Group Enters Europe, Acquires Controlling Stake In Major Irish Broadband Operator Imagine

The Team Group of Companies, led by brothers Hayk and Alexandr Yesayan, has announced the acquisition of a controlling stake in Imagine Broadband, one...

STARLINK Secures Key Licenses To Operate In Armenia, Paving Way For High-Speed Satellite Internet

The Armenian Public Services Regulatory Commission (PSRC) has officially approved two key applications submitted by STARLINK AM LLC ahead of schedule, informs Armenia's Minister...

ServiceTitan Goes Public, Makes History As First Armenian-Founded Tech Company To IPO On Nasdaq, Valued At Over $10 Billion

Today is IPO Day. ServiceTitan has officially gone public on the Nasdaq under the ticker $TTAN, becoming the first Armenian-founded tech company to IPO...

Armenia’s GDP Increases 5.2% in Quarter 3 Of 2024

Armenia's GDP grew by 5.2% in the third quarter of 2024 compared to the same period in 2023, reports Armenpress. The country's GDP in Q3...

Armenia’s Exports To The U.S. Increase By 25% To $50.2 Million While Overall Trade Turnover Declines By 59%

Armenia's exports to the United States increased by 25% in the first ten months (January-October) of 2024, reaching $50.2 million, according to a Facebook...

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