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...

S&P Cuts Armenia’s 2026 Growth Forecast to 4.9% as Russian Bans Hit Armenian Exports Worth 2% of GDP

S&P Global Ratings affirmed Armenia's BB-/B long- and short-term foreign and local currency sovereign credit ratings and kept the outlook on the long-term ratings...

Armenia’s Exports to EU Countries Increase by Over 80% to $516 Million in the First Half of 2026

Armenia exported more than $516 million worth of goods to European Union countries in the first half of 2026, over 80 percent above the...

Firebird Opens First Phase of Its $5 Billion Armenia AI Factory, Scaling to 70,000 NVIDIA GPUs by 2027

Firebird officially opened the first phase of its flagship AI Factory in Armenia's Hrazdan on August 8, the largest artificial intelligence computing factory in...

An Armenian’s Pursuit Of Perfection: How NuBz Is Raising The Standard For Nicotine Pouches Across America

The Armenian entrepreneur behind NuBz spent years searching for a better nicotine pouch brand before deciding to build one himself. Like millions of adult nicotine...

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