Business

Following WSJ Report, Firebird Co-Founder Offers Context: Armenia AI Project Has Roots Going Back Years, Built to Make Armenia a Global Technology Powerhouse

The Wall Street Journal reported this week that U.S. negotiators used access to NVIDIA's advanced AI chips as part of a broader package of economic incentives surrounding the peace...

Armenia to Export Up to 40 Tons of Fresh Produce a Week to UAE Starting in September Under New Deal

Armenia will begin exporting up to 40 tons of fresh fruit and vegetables a...

Armenia Opens New 10-Hectare AI-Run Tomato Greenhouse in Aragatsotn With a $26.7 Million Investment

Agro Prom has opened a state-of-the-art tomato greenhouse in Aragatsotn Province, investing roughly 9.7...

Armenian-Owned E-auto Invests $5 Million to Open HONGQI’s Largest Regional Center in Yerevan

E-auto opened a nearly 3,000 square meter HONGQI center at 40/3 Rubinyants Street in...

UATE, Armenia’s Top Tech Group, Denounces Political Pressure On GG & Its Founder; Warns Of Negative Impact On Tech Sector As Tech Community Is...

The Union of Advanced Technology Enterprises (UATE), Armenia's largest and most prominent association of tech companies, has voiced its concern regarding recent events involving...

GG, Armenia’s Leading Ride-Sharing Company Raided After Owner Supports Anti-Government Protests In Yerevan

Over the weekend, law-enforcement officers raided the offices of Armenia's premier online taxi service, GG, and seized several computers. This action came shortly after...

Armenia Opens First Supercomputer Center Named After Charles Aznavour Featuring Cutting-Edge 1 Petaflop Power, Capable Of 1 Quadrillion Calculations Per Second

Armenia has opened its first supercomputer center, named after the legendary singer Charles Aznavour. The National Supercomputer Center of Armenia, located in Engineering City...

EBRD Funds Largest Road Project In Armenia With €236 Million Loan For Sisian-Kajaran Road Construction As Part Of North-South Corridor

The European Bank for Reconstruction and Development (EBRD) will provide a €236 million loan to Armenia for the construction of a new 24.2 km...

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