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Armenian bank Ameriabank invests $60 million in Firebird.ai's planned 100MW AI data center in Armenia

Financing Data Center announced Armenia Mar 26, 2026
USD60M
Deal Value
100 MW
Capacity

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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Timeline

Announced
Mar 26, 2026
Signed
Closed

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