Armenian bank Ameriabank invests $60 million in Firebird.ai's planned 100MW AI data center in Armenia
Armenian bank Ameriabank has provided $60 million in financing for the construction of a 100MW AI data center by US-based AI cloud company Firebird.ai. This investment, announced on March 26, 2026, is part of a larger $500 million public-private partnership with the Armenian government to fund the facility. The data center, first announced in June 2025, is planned to become the most powerful in the region, enabling research institutions and technology companies to deploy modern AI technologies at scale. Nvidia and Dell Technologies are also collaborating with Firebird on this facility, which will house 50,000 Nvidia GB300 GPUs.
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