Eleveight AI to Build $70 Million AI Factory in Armenia (VIDEO)

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28.05.2026, 21:45

Armenia is officially joining the ranks of countries with a global artificial intelligence infrastructure, RA Minister of High-Tech Industry Mkhitar Hayrapetyan announced on Facebook.

Eleveight AI to Build $70 Million AI Factory in Armenia (VIDEO)

YEREVAN, May 28. /ARKA/. Armenia is officially joining the ranks of countries with a global artificial intelligence infrastructure, RA Minister of High-Tech Industry Mkhitar Hayrapetyan announced on Facebook.

According to him, on June 1, the Armenian company Eleveight AI will launch its AI Factory data center in the Gagarin community of the Gegharkunik region, powered by NVIDIA Blackwell B300 chips.

The project's investment cost is $70 million.

The event includes an official opening ceremony, a tour of the data center, a press conference, and the signing of a memorandum of understanding between Eleveight AI and the Armenian Ministry of High-Tech Industry.

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