Trump says peace deal will be signed on Sunday; Iran says it may take days
U.S. President Donald Trump has said a peace agreement with Iran is scheduled to be signed on Sunday in a post on social media, despite Tehran's Fore...
Firebird, an AI cloud company, in partnership with the Armenian government and with support from NVIDIA, announced today a bold vision to build advanced AI infrastructure aimed at accelerating technological innovation and positioning the Caucasus region as a leading AI hub.
Jensen Huang, founder and CEO of NVIDIA said that a collaboration with Armenia would help build foundational AI capacity and unlock opportunities for innovation and economic growth across the region.
Firebird plans to launch in 2026, equipped with thousands of NVIDIA Blackwell GPUs, and will be designed to scale beyond 100 megawatts of capacity.
Firebird today unveiled a $500 million public-private partnership with the Armenian government, aimed at accelerating the development and adoption of AI technologies across the country. This transformative initiative will help grow Armenia’s technology ecosystem by uniting high-performance infrastructure, top-tier talent, and cutting-edge innovation, the company stated in its press-release.
"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."
By collaborating with both industry and government, Firebird aims to drive economic growth while empowering businesses, entrepreneurs, and academic institutions to stay at the forefront of AI advancements.
“We welcome NVIDIA’s partnership and its work with Firebird to build AI infrastructure in Armenia. This is a major step toward strengthening our tech sector and global partnerships,” said Nikol Pashinyan, Prime Minister of the Republic of Armenia. “The government is proud to support this initiative and unlock new opportunities for our people and the region.”
“Firebird Cloud AI is the largest and most important tech investment — the “Stargate” of Armenia. The idea was sparked when Jensen Huang visited Yerevan in 2023. Today, it becomes reality: an AI Factory with thousands of Blackwell GPUs, driving innovation across Armenia,” the PM said in a post on X.
Team Group, the parent company of Telecom Armenia and Ireland’s Imagine Broadband, will play a key role in advancing Armenia’s AI infrastructure. Leveraging its deep technical expertise and robust connectivity networks, Team Group will support the deployment and scaling of Firebird’s data center.
The Afeyan Foundation for Armenia will join the initiative as a founding investor in Firebird. Its principal, Noubar Afeyan—CEO of Flagship Pioneering—will serve as a strategic advisor and founding partner of the company.
SpaceX has made history with the largest initial public offering ever in the United States, pricing its shares at $135 each and achieving a market valuation of $1.77 trillion.
SpaceX made a historic entrance into the Nasdaq on Friday, surging over 20% in its first day of trading and lifting its valuation to more than $2 trillion. Investors flocked to the world’s largest IPO, betting on Elon Musk’s sprawling empire spanning rockets, AI and beyond.
Pakistan has warned that any attempt by India to block or significantly reduce river flows under the Indus Waters Treaty could have “far-reaching consequences”, after India's water minister said New Delhi was working to ensure that “not a single drop” of water reaches Pakistan in the coming years.
Armenia has every right to choose Europe. But Europe’s support for Armenia’s direction should not become automatic approval of its political process.
U.S. President Donald Trump has said a peace agreement with Iran is scheduled to be signed on Sunday in a post on social media, despite Tehran's Foreign Ministry spokesperson Esmaeil Baghaei saying no deal would be approved this weekend.
Uzbekistan will launch a new digital financial platform from 1 July aimed at simplifying access to finance for entrepreneurs, as part of broader efforts to support small businesses, encourage innovation and accelerate private sector development.
Pakistan has warned that any attempt by India to block or significantly reduce river flows under the Indus Waters Treaty could have “far-reaching consequences”, after India's water minister said New Delhi was working to ensure that “not a single drop” of water reaches Pakistan in the coming years.
The global race to develop quantum computing is accelerating, with governments and technology firms investing heavily in what is expected to become a major new computing era.
Japan’s birth rate and fertility levels have fallen to their lowest levels on record, highlighting the country’s worsening demographic crisis as fewer people marry and have children.
Iran said no final decision has been made on a proposed agreement with Washington, despite suggestions from U.S. President Donald Trump that a deal could soon be signed in a European capital.
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