Close Menu
  • Home
  • Entertainment
  • Film & TV
  • Fashion
  • Business
  • Sports
  • Lifestyle
  • Tech
  • Health
What's Hot

Budget 2025: Reeves vows to ‘tromp’ on gloomy forecasts – but faces income tax warning | Politics News

October 29, 2025

Health: mRNA Covid vaccines can help fight cancer

October 29, 2025

Public concern about climate change is decreasing in the face of war and conflict

October 29, 2025
Facebook Instagram YouTube TikTok
  • About Us
  • Contact Us
  • Terms & Conditions
  • Privacy Policy
Facebook Instagram YouTube TikTok
Nana Media
  • Home
  • Entertainment
  • Film & TV
  • Fashion
  • Business
  • Sports
  • Lifestyle
  • Tech
  • Health
العربية
Nana Media
العربية
You are at:Home»Business»How the Armenian AI factory from Nvidia strengthens local technical talents
Business

How the Armenian AI factory from Nvidia strengthens local technical talents

Nana MediaBy Nana MediaSeptember 30, 20254 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
How the Armenian AI factory from Nvidia strengthens local technical talents
Share
Facebook Twitter LinkedIn Pinterest Email Copy Link

Introduction to Hankavan

Hankavan is about an hour’s drive from Armenia’s capital Eriwan and known for its campsites. Every summer, all types of programs pull the students here. In the last week of August, more than 100 young people came for something new: learning something about career paths in artificial intelligence (AI).

Preparing Young Armenians for Technical Jobs

A non-profit organization, which is known as the Foundation for Armenian Science and Technology, organized the camp as part of its efforts to prepare young Armenians for technical jobs. On the last day of the program, Armenian tech specialists were sitting in a circle with students from all over the country to share advice.

The Nvidia AI Factory

One of the spokesmen for the day, a researcher and software engineer named Tigran Ishkhanyan, said that the new AI data center will be a blessing for Armenia – and for young people like the students of the camp. "[The] Nvidia Ai Factory will surely be a game changer because you need a lot of experts and of course try to hire someone from Armenia,” he said.

Competitive Advantage

NVIDIA has announced that it will work with a small US company called Firebird and Armenia to start a AI factory of $500 million next year, although the specific location of the center still has to be announced. It is said to use thousands of microchips that are referred to as graphics processing units or GPUs.

The Future of AI

Rev. Lebaredian, a Vice President of Nvidia, recently predicted that "everyone" all over the world will finally have a fundamental infrastructure for the AI. In a podcast, he compared the technology to the advent of electricity and noted that it was only a few places limited before spreading everywhere. But until the AI becomes omnipresent in a similar way, the new data center of Armenia will provide a major competitive advantage, said Lebaredian.

How the AI Factory Works

The executive also explained how a AI factory works and said that the new facility will record tons of data, quickly grind it with Nvidia Blackwell-GPUs and get so-called tokens with condensed information for all types of applications. "The more token they can produce, the more efficient they are, the more value they create," added Lebearedian.

KIS Winner and Loser

As expensive AI factories are built in rich countries – with the United States, the European Union and China that organize most of such locations – a 2024 report has expressed growing concerns that countries are left with fewer resources. Huge data centers have operated AI research, cost billions of dollars and triggered the competition for the acquisition of GPUs.

The Digital Gap

Experts warn that the growth of AI could create a new digital gap that excites the inequalities of colonialism. "Since the global economy is increasingly moving towards AI-controlled production and innovation, less developed countries continue to risk, which tightens the economic and social distinctions," says the report.

Local Tech Boom

According to his LinkedIn profile, Lebearedian is located in the San Francisco Bay Area, just like the head of Firebird. People in Armenia credit Armenian expats like them who have contributed to creating the country’s technology sector in recent years. There are more than 1,200 technology companies with at least three employees in Armenia, and they had $2.3 billion last year.

The Tumo Center

Some of the future workers in the Nvidia AI factory seem to come from the after-school programs of the Armenia Tumo Center for Creative Technologies. The Tumo Center has taught thousands of 12- to 18-year-olds and other lessons for thousands of 12 to 18 year olds for over a decade.

Benefits for Armenia

Pegor Papazian, Chief Development Officer from Tumo, told that he and other technology leaders in Armenia were involved in discussions about the establishment of the new AI factory. "We invited the Firebird team to create a few ideas about how we would use computing free of charge if we were available for educational, academic research purposes," he said. "It looks like we benefit directly."

Hopes for the New Factory

Viktoria Melonyan, a 16-year-old who studies it, has expressed great hopes for the new factory. "It is very surprising that you have invested such great money for the construction of servers," she said. "I think this investment from Nvidia to Armenia will be great … to show the world that Armenia does not fall back, but we’ll catch up and we continue to push others."

Armenia Armenians Artificial intelligence China Colonialism Competition (economics) Data center Developing country Digital divide Dot-com bubble Economic growth Economy European Union Firefox Hankavan Information Innovation LinkedIn Nonprofit organization Nvidia Production (economics) San Francisco Bay Area Social inequality Software engineering Tumo Center for Creative Technologies World economy Yerevan
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
Avatar photo
Nana Media
  • Website

Related Posts

Budget 2025: Reeves vows to ‘tromp’ on gloomy forecasts – but faces income tax warning | Politics News

October 29, 2025

Bond giant Pimco is selling much of Thames Water’s debt position | Money news

October 28, 2025

Uncertainty for UK workers as Amazon to cut 14,000 jobs worldwide | Money news

October 28, 2025
Top Posts

Budget 2025: Reeves vows to ‘tromp’ on gloomy forecasts – but faces income tax warning | Politics News

October 29, 2025

Ralph Macchio pays Francis Ford Coppola $ 5 from ‘The Outsiders’ back

April 28, 2025

Summary of the Helluva bosses, the latest news, trailer, season list, line -up, where to see and more

April 28, 2025

‘Thunderbolts*’ director reveals how “Die Hard” part of the “DNA” of the Marvel film is

April 28, 2025
Don't Miss
Health

Internal health

By Nana MediaMay 10, 2025

Introduction to Better Self-Care Dr. Chris and Xand are on a mission to help us…

TIKTOK searches have led 13-year-olds to pornographic content, according to Report

October 3, 2025

The estimated ‘bucket of death’ was filled with the remains of ‘Dead Vip’ in Bombshell Anglo Saxon Sutton Hoo Discovery

May 21, 2025

Berghain in a wheelchair: How inclusive are clubs?

July 4, 2025
About Us
About Us

Welcome to Nana Media – your digital hub for stories that move, inform, and inspire. We’re a modern media platform built for today’s audience, covering everything from the glitz of entertainment and the magic of film & TV to the latest innovations shaping our tech-driven world. At Nana Media, we bring you sharp insights, honest opinions, and fresh takes on the trends shaping pop culture and beyond.

Facebook Instagram YouTube TikTok
Our Picks

Budget 2025: Reeves vows to ‘tromp’ on gloomy forecasts – but faces income tax warning | Politics News

October 29, 2025

Health: mRNA Covid vaccines can help fight cancer

October 29, 2025

Public concern about climate change is decreasing in the face of war and conflict

October 29, 2025
Our Newsletter

Subscribe Us To Receive Our Latest News Directly In Your Inbox!!!

We don’t spam! Read our privacy policy for more info.

Check your inbox or spam folder to confirm your subscription.

© Copyright 2025 . All Right Reserved By Nanamedia.
  • About Us
  • Contact Us
  • Terms & Conditions
  • Privacy Policy

Type above and press Enter to search. Press Esc to cancel.