New AI facility to begin operations June 1![]() May 29, 2026 - 16:03 AMT PanARMENIAN.Net - Armenian company Eleveight AI will launch a unique artificial intelligence data center, described as an AI factory, on June 1. The facility will operate using NVIDIA Blackwell B300 chips, according to Minister of High-Tech Industry Mkhitar Hayrapetyan. “Armenia is officially joining the ranks of countries with global artificial intelligence infrastructure,” Hayrapetyan wrote on his Facebook page. The investment volume of the project amounts to $70 million. Earlier, Prime Minister Nikol Pashinyan and NVIDIA Vice President Rev Lebaredian discussed the progress of Firebird’s project to build an artificial intelligence factory and data center in Armenia. Yerevan will host the 2024 edition of the World Congress On Information Technology (WCIT). Rustam Badasyan said due to the lack of such regulation, the state budget is deprived of VAT revenues. Krisp’s smart noise suppression tech silences ambient sounds and isolates your voice for calls. Gurgen Khachatryan claimed that the "illegalities have been taking place in 2020." Partner news |