Armenia opens the region’s first AI factory, Eleveight AI, with $70 million in investment

Armenia has opened the region’s first AI factory, Eleveight AI, backed by an investment of $70 million. The official opening ceremony took place on June 1 in the community of Gagarin in Gegharkunik region.

The center is built on NVIDIA Blackwell B300 technology and is designed for large-scale AI computing, the training of generative models, and the development of digital solutions for both the public and private sectors.