Investments in the AI Factory to reach $5 billion by the end of the second phase

The initial investment in Firebird AI’s artificial intelligence (AI) data center in Hrazdan amounts to $500 million and includes the deployment of 6,144 NVIDIA Blackwell-generation GPUs. By the end of the second phase, total investment is expected to reach approximately $5 billion, with the addition of around 42,000 more GPUs.

This is stated in a news release by Armenia’s Ministry of High-Tech Industry, summarizing Minister Mkhitar Hayrapetyan’s visit to Firebird AI.

“Thanks to the joint efforts of the Government of Armenia and Firebird, Armenia is transforming from a consumer of technology into a country that delivers cutting-edge artificial intelligence products and solutions to the world, ready to help shape the rules of the future,” the news release says.