Amir knows this problem not only as an engineer. During conversations with potential clients, his team discovered that some entrepreneurs spend between four and twelve hours analysing their own data...
The Firebird AI facility launched near Hrazdan is the largest artificial intelligence factory in the region, positioning Armenia as a pivotal regional and global hub for AI compute capacity...
According to Al‑Naimi, when making an investment decision, he looks first at the people behind the project...
He explained that the system is filled with a specialized fluid—a glycol-based coolant, part of which is distilled water. The fluid is introduced into the system once and then circulates in a closed loop for years...
Young entrepreneurs dream of building a company that will grow into an international giant, attract millions in investment, and transform an entire industry. But does every business really need to aspire to that?..
The first question an entrepreneur should ask themselves is who is in the audience. Investors, potential clients, future employees, or partners all want to hear very different things...
Users will be able to register in the app and access all upcoming hiking trips in a single location...
According to him, aspiring entrepreneurs often view landing a large corporation as the main criterion for success. But it is precisely at this stage that serious problems can arise...
Entrepreneurship is constant work under conditions of uncertainty, rejection, and the need to make difficult decisions. That's why investors and mentors increasingly evaluate not just the idea itself but the person behind it...
The Find cost project is a digital platform that brings together various product categories, though at this stage, the primary focus is on the real estate market․․․
Economix spoke with Artak Margaryan, founder and CEO of Prime Logistic Services, about the challenges the industry faces today, what solutions professional market participants are already finding, and how logistics is changing under new conditions...
In an interview with the Economix program, Rafael Mkrtchyan, Head of Corporate Finance at Freedom Broker Armenia, spoke about the opportunities of the Armenian securities market and the specifics of investing...
Just one month after the launch of the first artificial intelligence factory in Armenia and the South Caucasus based on NVIDIA Blackwell, its entire starting capacity has been fully reserved...
DigiTec, Armenia’s largest technology event, will take place on November 20–22, 2026․․․
Armenia today indeed has many strong specialists and healthy technology "cells," but the results of their work largely flow into the global economy rather than remaining within the country...
The mining sector could become one of the main drivers of the country's economic growth...
After 2020, military-industrial production became one of Armenia's priority development areas...
Economix interviewed the director of the Velar Group factory, Arshavir Minasyan, about the project, its scale, plans, and challenges...
According to Musaelyan, the forum’s greatest value lies not only in displaying existing products, but also in bringing together participants from Armenia’s technology ecosystem and helping them connect with one another...
Armenian companies are already capable not only of developing advanced products, including defense technologies, but also of successfully exporting them abroad...
Just a few years ago it would have been difficult to imagine that Armenian companies could not only supply products to the country’s own armed forces but also enter international markets. Today, he said, that has become a reality...
According to Arustamyan, participation not only in the implementation but also in the creation of technologies must be viewed through the prism of market competition...
Many of these vulnerabilities had previously gone unnoticed by both specialists and traditional analysis systems.․․
A year ago, on June 14, 2025, the Armenian government adopted a “Cloud First” policy aimed at transitioning government agencies from traditional server infrastructure to cloud-based data storage and processing...
Success in the chip industry depends on three key components: a strong team of specialists, innovative ideas, and financial resources...
As part of this collaboration, Armenia will be represented on the Ecosystem Stage of UNCHAIN Festival 2026 on 17-18 June, showcasing the Armenian fintech and financial ecosystem...
Edita Ghazaryan has been instrumental in driving UATE's growth over the past four years, leading community building initiatives, driving strategic partnerships, and expanding the organization's presence in international markets...
The memorandum was signed by Minister of High-Tech Industry Mkhitar Hayrapetyan and Eleveight AI co-founder and CEO Arman Aleksanyan...
Armenia joins the group of countries that possess their own high-performance infrastructure for developing and deploying artificial intelligence solutions...
On June 3–4, the forum will take place at the Karen Demirchyan Sports and Concert Complex in Yerevan, bringing together leading Armenian tech companies, research centers, and engineering teams...
For the first time, Armenian bloggers, musicians, media outlets, and independent creators can officially earn money from their YouTube content without relying on workarounds involving foreign accounts or other countries...
Under the theme "Bridging Platforms and Economies," the forum gathered approximately 30 local and international speakers, including leading experts, business representatives, and public sector officials, to explore the future of the global digital landscape...
As part of the initiative, 15 Armenian startups were selected to present their projects to a jury composed of leading figures from the ecosystem...
Ahead of the Doing Digital Forum, we present an interview with Aram Azatyan, Founder and CEO of Finbox, who will be one of the speakers of the forum’s panel discussion on “Digital Infrastructure and Real Economy...
How approaches to managing such cities are changing, why “perfect plans” no longer work, and what modern cities have in common with startups...
As a result, a multi-layered ecosystem is emerging, where creativity, technology, and business intersect, opening new opportunities for the industry’s development in the country...
Arsen Manukyan, director of Armenia Helicopter, spoke about the current state of the industry and its prospects on the Economix program...
Against the backdrop of these developments, a key question arises: what new prospects and practical opportunities are opening up for Armenia with the emergence of such centers and the growth of computing capacity?..
Behind this technological simplicity lie serious risks for the profession․․․
The Minister emphasized that this initiative has important social and educational significance, as it will significantly reduce the digital divide between regions and provide equal access to educational resources for students in remote communities...
The minister noted that V-BAT-type drones, produced by Shield AI, are not currently manufactured by Armenian defense industry enterprises...
Ayrapetyan recalled that Firebird AI initially announced an investment of up to $500 million. However, during project implementation, it became clear that the company has the capacity to significantly expand the scale of its operations...
Currently, a tender for virtual servers has been announced. By the end of the first half of 2026, a full deployment of Microsoft 365, including the complete licensed package, is expected within the Ministry of High-Tech Industry...
The minister recalled that the Armenian government has long negotiated with Google and YouTube to activate the YouTube Partner Program in the country...
Thanks to the new equipment, the state can now independently assess the actual coverage and network quality in different regions, as well as the technologies used by operators․․․
Employment in active IT companies also grew significantly: from 15,350 employees in 2017 to 41,541 in 2024, and 41,431 in 2025 — a 2.6-fold increase over eight years...
He emphasized that this represents an increase of around 50% compared to 2024, when funding amounted to approximately 1.4 billion drams...
The minister recalled that in 2024, in partnership with the internationally renowned accelerator Plug and Play—ranked among the world’s top five accelerators—a 26-week acceleration program was launched...
The minister recalled that work on the strategy had previously been suspended due to developments related to USAID, as the funding had been provided through that channel...
The expanded cluster marks a major milestone, positioning Armenia as home to one of the world’s top five largest AI GPU clusters, with the $4 billion USD project representing one of the most significant technology-driven capital investments in the country’s history․․․
This spring, the YouTube Partner Program will officially launch in Armenia, allowing Armenian creators to monetize their content and join the global community of over 3 million participants who have turned their favorite pastime into a profitable business...
According to the minister, platforms like YouTube represent more than just content for Armenia — they create economic opportunities, foster digital entrepreneurship, and help strengthen societal resilience against disinformation through a diversity of reliable voices...
The current state of the industry, its export potential, and the challenges faced by Armenian producers were discussed on the Economix program by David Hakobyan...
What processes shape today’s economic agenda and which solutions can be effective? These and other topics were discussed on Economix by management expert Artak Aslanyan...
Supported by major Armenian technology companies – including Krisp Technologies, Inc., Synergy International Systems, Ameriabank, and Mootq – the conference features technical presentations and Q&A panel discussions delivered by top experts in the field...
The startup Firebird has received approval from the U.S. government to import Nvidia’s advanced chips into Armenia, enabling the launch of its supercomputer project...
According to Krisp, the event attracted over 80 applicants, with only 28 selected based on their AI expertise and ability to implement advanced techniques like Retrieval-Augmented Generation (RAG), GraphRAG, and multi-hop retrieval — methods typically used in frontier AI systems...
Diana Kiguradze, Visa’s Regional Manager for the Caucasus and Moldova, shared all this and more in an exclusive interview with NEWS.am Tech during the Silicon Mountains Tech Summit 2025...
I’m 100% positive about Armenia. Over the next 5-10 years, he sees the country leading the region, fueled by new investments and a stable political climate.
These questions were explored by Vincent Roche, CEO of Analog Devices Inc. and winner of the Global High-Tech Award 2025...
Armenia is building its own AI factory — can the country catch this technological wave and join the ranks of global leaders? What opportunities does AI bring, and why is leadership in this field crucial for nations?..
The program is organized by BDO Armenia, a member of BDO international network, together with Orion Worldwide Innovations. The Central Bank of Armenia serves as the organizational partner, while the Swiss development organization Helvetas is the general partner, through the regional program funded by Sweden, RECONOMY...
This certification confirms that our internal policies, procedures, and controls meet the strictest international standards. It provides our clients and partners with added confidence that their financial and personal data is well protected.
Speaking on the program Economics, the head of the Republican Union of Employers of Armenia, Vahagn Hambartsumyan, discussed the difficulties businesses in Armenia encounter...
The country will establish the most powerful supercomputer and AI-driven data center in the region — a scale the South Caucasus has never seen before...
Today, we will highlight five applications that prove: Armenia is not just about Picsart and Krisp. It is a whole ecosystem of ideas ready to surprise the world...
The US stock market has recorded a second consecutive week of growth...
U.S. stock markets ended the week strong, with the S&P 500 and Nasdaq reaching record highs...
According to Stanovkin, Armenia is only at the beginning of the journey to creating a strong, sustainable international brand...
Vasilis Themelidis, Regional Director for Southern and Eastern Europe at Wyndham Hotels & Resorts, shared in an interview with NEWS.am Tech the reasons behind the company’s interest in the Armenian market, its expansion plans, and the key factors for success in the hospitality industry...
Szabo shared his thoughts with NEWS.am Tech on what Armenia needs to strengthen its position on the global tourism map, the role of international brands and investments, and the country’s current advantages and challenges...
Sérgio Guerreiroժ spoke with NEWS.am Tech about key trends in global tourism, the factors behind its resilience, and Armenia’s potential as a tourist destination...
NEWS.am Tech explored what Veo 3 is and what its key features and applications are...
According to the organization’s president, Bulut Bağcı, who was one of the participants of the HIF forum in Yerevan, tourism — by attracting investment and promoting sustainable practices — can become a cornerstone of prosperity for countries like Armenia, which stands at the threshold of a tourism renaissance...
Popular tour destinations include Dilijan, Sevan, Meghri, Goris, the Yerevan Reservoir, Symphony of Stones, Garni Gorge, and more...
The forum is designed to catalyze investment, foster strategic partnerships, and promote sustainable development, positioning Armenia as a competitive destination in the regional and global hospitality landscape...
It also seeks to position Armenia as a competitive tourism destination on both regional and global stages...
HIF Yerevan 2025 is organized by Stone Development. There is no participation fee, but prior registration and approval are required...
This project aims to accelerate the region’s technological development and establish Armenia as a key hub for the global AI industry...
Eldrive is more than just a car dealership—it is building an entire ecosystem that is transforming the region’s energy and logistics landscape...
Under the terms of the transaction, Balchug will acquire the bank with its licence but going forward the bank will operate under a different name...
The event was organized by SPRING PR, Amazon Web Services was the Technology Partner of DDF 25...
“We are happy to share our experience and collaborate with like-minded professionals,” she said...
Together with Sargis Karapetyan, CEO at the Union of Advanced Technology Enterprises (UATE), we will explore what has already been achieved, which domains should be developed, and whether Armenia can secure a significant place in the AI sector...
NEWS.am Tech, serving as the forum’s information partner, is covering the key discussions and standout speeches from leading voices...
Stock markets fell sharply last Friday, with the Dow Jones down about 1.7%, the S&P 500 down about 2%, and the Nasdaq down 2.7%...
The launch of Starlink in Armenia and Oman unlocks fresh opportunities for residents and businesses alike...
Remaining true to its mission, Doing Digital Forum is bringing internationally renowned organizations and industry professionals to Armenia for the third consecutive year, providing invaluable insights and expertise...
Now in its third edition, DDF 2025 will take place on April 3 at Dvin Hall, under the theme “Future of Money: Economic Impact”...
The Doing Digital Forum continues to draw internationally recognized thought leaders, industry experts and Government representatives providing a platform for strategic discussions on the latest advancements and challenges in financial technology...
The Deputy Minister highlighted the positive outcomes from implementing new programs in these areas and noted that the next strategic step was the establishment of STEM labs...
They call customers and, under the pretext of an expired free storage period for orders, ask for the SMS code...
For now, the service is only available in Moscow and the Moscow region, but they plan to expand the sales geography in the future...
Balchug Capital plans to support the expansion of this portfolio company to meet growing market demand...
These projects have been actively developing since 2022, when the company registered the Beyond ML holding in the United States and Armenia to promote ten innovative solutions...
Apricot Capital, a leading investment firm in Armenia, is summarizing the successful year of 2024, which was marked by significant growth, industry recognition, and a commitment to developing financial literacy and innovation...
Lisnyak discussed the role of artificial intelligence (AI) in fintech, Visa’s initiatives to integrate AI into its services, and the company’s partnerships with startups to drive innovation...
Many experts believe this IPO marks a turning point for Armenia's tech ecosystem, potentially drawing more global attention to the country...
The newly elected Board includes: Alain Grossbard (Australia), Anne-Gret Iturriaga Abarzua (Austria), Tatevik Simonyan (Armenia), Daniel Silberhorn (Germany), Elena Fadeeva (UAE)...
Most rapidly developing businesses around the world have a scientific base, they are knowledge-intensive. Co-owner of the Art Lunch cafeteria chain Bakur Melkonyan said in an interview with Suren ...
How are IT specialists being prepared in Armenia, what is the volume of personnel outflow abroad, how should this flow be prevented and what is being done in that direction?
The AI9 Startup Campus event was held, organized by the Belgian embassy in Armenia...
WCIT2024/DigiTec will host more than 2,000 international delegates and speakers from around the world in Armenia...
Emma Arakelian's book "The Business Caring Formula" was published six years ago. Much has changed since then – in the world in general and in the business world in particular, but the main ideas and messages collected in this work are ...
In recent years, digital technologies have become increasingly widespread in both the private and public sectors, but they are not yet used by all the people they are intended for: some simply do not yet know ...
This license allows Digitain to enter one of the most strictly regulated and competitive iGaming markets in the world - the United Kingdom...
What functions does the first domestically produced satellite, Hayasat-1, currently perform in space?..
Both international and Armenian experience show that it is better to entrust the management of military-industrial companies to the private sector rather than the state. Armenian Minister of High-Tech Industry ...
Today, a number of legislative packages are being developed in Armenia that will help create a more favorable environment for the development of high-tech and military industries. Armenian Minister of ...
There are a small number of such specialists in Armenia – there is also some production in the aerospace sector. But for the real development of aerospace technologies in the country, as the technology director ...
Is it possible to achieve any result, create any image through strategic communication?..
What will the development of aerospace equipment do to the country's economy?..
We plan to create up to 100 groups of three-four people each in Armenia to implement agrodrones for the purpose of fertilizing crops and digitalizing agriculture, Mihran Sahakyan, the co-founder and technical ...
The new technologies we offer in the field of agriculture are aimed at reducing the cost of production and increasing crop yields. Mihran Sahakyan, the co-founder and technical director of the company SkyAgro ...
Winemaking has been practiced in the Armenian highlands for about 11,000 years, and during the last 5,000-6,000 years, it has determined the identity of us Armenians, said Avag Harutyunyan, president of ...
How are modern technologies changing today's agriculture, are these technologies affordable, and is the money spent on them justified? Do innovative methods involve the use of pesticides in agriculture, how ...
Alen Hovhannisyan, a programmer from Robi AI, took part in the Sevan Startup Summit, where he presented a project developed with friends, consulted with mentors, looked for new acquaintances and ...
He came to Armenia to participate in Sevan Startup Summit 2024, one of the most important IT events of the year. During the event, he held mentoring sessions for startups and also showed a small portable ...
Why are modern technologies so necessary for the agricultural sector? How can they affect the work of farmers, their income and export prospects? NEWS.am Tech talked about this with Dr. Aftab Alam ...
In an interview with NEWS.am Tech within the framework of the Silicon Mountains Shirak technology summit, he spoke about what new offers the company has after the rebranding, the interesting projects it ...
A crowdfunding platform will be soon created in Armenia, which will give residents of the country and people from abroad the opportunity to invest small amounts in local startups, contributing to their ...
The event aims to foster connections with agritech sector leaders, explore best international practices, and promote the application of digital and innovative technologies in Armenia’s agriculture sector...
Every day, hundreds and thousands of new startups appear in the world, but only a few of them succeed and bring profit to their creators and investors. What determines the success of a startup? What criteria ...
The reasons for the growth in the real estate market before the financial crisis of 2008 are different from the reasons for ...
ML Mining implements three major urban development projects together with the state, aimed at providing housing for civil servants. This was stated by Vardan Marutyan, first deputy general director of ...
Many people are interested in the events taking place in the real estate market, because many people are interested in buying or selling an apartment. Recently, housing prices, problems related to development ...
The most important global problem that many local companies suffer from – and many foreign ones too, by the way – is instability in the world. Sometimes a company focuses on a market, but problems start in ...
Competition in the global IT sector remains very high, and therefore both individual companies and entire countries have to make a lot of efforts to attract attention and offer the best solutions to the market ...
The IT landscape in Armenia has undergone significant changes over the past year, with a number of new research and educational initiatives launched and new companies opening. In addition, active work is ...
How was this field developing in Armenia, what developments and achievements were there during the last decades? How is the field developing and what are the challenges today?
Armenia is currently going through an important transition period – from cash to non-cash payments. Such changes, as Tigran Parseghyan, the marketing director of EasyPay, noted in an interview with ...
There is a huge human capital potential in the regions of Armenia, and the private sector, the government and educational institutions must jointly create a favorable environment and infrastructure to realize this ...
In the next five years, Ucom plans not only to take a leading position in Armenia, but also to provide a digital infrastructure that will serve the country's economy, business and society. Such a strategy was ...
Digital transformation of the economy and development of the regions of Armenia are among the most priority areas of activity of UEICT, the director of the organization Eduard Musaelyan said in an ...
Neither the private nor the public sector in Armenia has a sufficient understanding of how modern technologies can contribute to their development. About a year and a half ago, UEICT President Armen ...
Gyumri is considered one of the most technologically advanced cities in Armenia: many IT companies open branches in Gyumri, moreover, there are local startups here. According to UEICT President Armen Baldryan, Gyumri can become an ...
Recent exhibitions have seen Armenian production pavilions making a positive impression. Among them was Arex Co, a production and trade hub that not only manufactures 350 types of construction materials ...
According to Tigran Simonyan, CEO of Revytech, mastering and managing security risks is one of the most important challenges in the era of digital transformation...
Great chansonnier of Armenian origin, Charles Aznavour, was interested not only in music: few people know that modern technology and innovation were also his passion...
So what is this supercomputer and how can it be used?..
HOORY's AI platform, also created by Armenian developers, perfectly understands written Armenian, even when it is written in Latin transliteration (but not Cyrillic). It is true that the developers had to make ...
The decision to divest the SIG division was announced by Synopsys at the close of 2023...
What genres of video games are popular today? Which ones will be popular tomorrow? Can economic crises affect people's interest in games? How might the development of AI and other technologies affect ...
The prestigious Techcrunch periodical has written an article about the Armenian startup 10web, which provides an opportunity to create websites using WordPress. WordPress is an open source tool and that is ...
Picsart has become the most searched term for photo editing on the App Store in major markets such as the US, UK, ...
Denis Lopantsev, Senior Director with Sperasoft and GM with Sperasoft Armenia, engaged in a discussion with NEWS.am Tech, shedding light on the nuances of operating in Armenia, the encountered challenges, and the strategies implemented for resolution...
AI Accent Localization also revolutionizes customer service for companies by eliminating the need for accent training...
The platform aids companies and individuals in gauging the potential of their ideas and predicting market demand...
