Marina Mkhitaryan

Kolba Lab

UNDP/Kolba Innovations Lab Lead

Pierre Hennes

Granatus Ventures

Co-Founder & Partner at Granatus Ventures

Alexis Ohanian


American entrepreneur, investor, co-founder of the social news site Reddit

Manuk Hergnyan

Granatus Ventures

Co-founder and Managing Partner at Granatus Ventures


City events guide


Armenian-Russian social fitness platform

360 Stories

Armenian sights featured in 360 degrees


Reserve tables beforehand at cafés and restaurants


Puzzle game with arcade elements


Online taxi service

Movie Trip

Information on places featured in famous films


Online taxi order in Yerevan

PicsArt to open an AI lab in Moscow

Armenian-American company PicsArt plans to open an AI lab in Moscow. According to PicsArt cofounder and CEO Hovhannes Avoyan, the project could cost up to USD 2 million, reports.

The company is going to hire 20 local engineers. The Russian lab will work on AI technologies which PicsArt uses for photo filters, augmented reality cameras and ad selection.

Avoyan said they chose Moscow for the good Russian math school and the large number of engineers specializing in artificial intelligence.

Founded in 2012, PicsArt has an app and social network for photo editing, collage making, drawing and joint editing. The company has offices in Yerevan and San Francisco, and around 120 million users, who create near 1 billion pictures monthly. PicsArt has raised USD 45m so far.



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