June 11, 2025, Yerevan - A nearly $500 million investment project to be implemented in Armenia was officially presented today at Viva Technology, Europe’s largest startup and tech conference. The Government of the Republic of Armenia, NVIDIA, Firebird, and Team Group will collaborate to build the region’s most powerful Supercomputing Hub and data processing center, powered by artificial intelligence (AI) solutions.

With the support of the Government of Armenia, Firebird plans to launch with thousands of NVIDIA Blackwell GPUs in 2026 and will be designed with the ability to scale to over 100 megawatts of capacity. 

This strategic partnership between the Republic of Armenia and renowned local and international IT and technology companies will play a crucial role in building a reliable technological future for the country.

“AI factories are the infrastructure of the 21st century,” said Jensen Huang, founder and CEO of NVIDIA. “Our collaboration with Armenia will help build foundational AI capacity and unlock new opportunities for innovation and economic growth across the region.”

Team Group of Companies - managing Armenia’s leading national telecommunications operator, Team Telecom Armenia, as well as Ireland’s Imagine Broadband, and being a shareholder in Georgia’s SkyTel - will use its expert resources and unique communication infrastructure in the region to bring this large-scale project to life in the country.

“We are honored to participate in the implementation of this large-scale initiative of strategic importance, investing our many years of experience and resources in the technological sector. Our participation reflects our readiness to make Armenia a global center for information technologies, artificial intelligence solutions, and the digital future,” said Alexandr Yesayan, co-founder of Team Group of Companies.

“This is about building a launchpad for innovation - from Armenia to the world,” said Razmig Hovaghimian, co-founder and CEO of Firebird.ai. “We will invest in novel models, in robotics and the sciences, in partnership with leading universities from around the world, and build the capacity to incubate the next generation of innovators in Armenia.”

The Afeyan Foundation for Armenia will join as a founding investor in Firebird, and its principal, Noubar Afeyan - who is also CEO of Flagship Pioneering - will act as a strategic advisor and founding partner of Firebird.

“Armenia’s next chapter in technology leadership will be built on global collaboration and long-term investment,” said Afeyan. “The development of AI infrastructure for Armenia and the broader region is a bold step toward positioning the country as a meaningful contributor in the global AI landscape.”

“We are excited about the potential for U.S. technology exports and AI leadership to drive more innovation in Armenia’s dynamic tech sector, benefitting the United States and Armenia,” said Kristina Kvien, U.S. Ambassador to Armenia.  “U.S. companies like NVIDIA continue to offer world-leading computing and AI solutions, and we are proud that they are the partners of choice for Armenian counterparts.”

This large-scale project demonstrates the effective cooperation between the state, technology, and digital companies, and the commitment of all participating parties to position Armenia as an influential technology hub in the region.