Expert: Every time we scale AI, we increase energy consumption and  worsen environmental impacts

 Friday, April 24 2026 11:22:48
Expert: Every time we scale AI, we increase energy consumption and  worsen environmental impacts

ArmInfo. Every time we scale AI, we increase energy consumption and worsen environmental impacts. This was stated by Olena Bura, Managing Partner and CEO of the Swiss consulting company Enzentra GmbH (Switzerland), during a panel  session on the topic: "Application of modern digital solutions and  artificial intelligence technologies for environmental issues within  the framework of RES 2026."

Armenian delegation participates in Hannover Messe 2026
 Wednesday, April 22 2026 17:51

ArmInfo.The Armenian delegation is participating in the world's leading industrial and technological exhibition, Hannover Messe 2026, in Hannover.

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Third stage of  Plug and Play international startup support program  launched in Yerevan
 Tuesday, April 21 2026 11:07

ArmInfo.  The third stage of the Plug and Play international startup support program, implemented with the support of the Ministry of High-Tech Industry of the  Republic of Armenia, has launched in Yerevan.

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Physical AI priority for Armenia, says minister
 Monday, April 20 2026 11:43

ArmInfo.  Physical AI is a priority for Armenia. This was stated by Mkhitar Hayrapetyan, Minister of High-Tech Industry of the Republic of Armenia, during a  meeting with NVIDIA Vice President Rev Lebaredyan and a delegation  from Agile Robots, a company working in the field of AI and robotics,  led by CEO Zhaopeng Chen. Minister of Education, Science, Culture,  and Sports Zhanna Andreasyan also participated in the meeting, which  took place in Engineering City.

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Armenian government to purchase $25mln worth high-performance  computing resources from Firebird AI
 Saturday, April 18 2026 15:13

ArmInfo.  An agreement was signed between the Armenian Ministry of High-Tech Industry and Firebird AI, according to which the Armenian government will purchase high-performance computing resources from Firebird AI worth $25 million for a period of five years. This was announced on his Facebook page by Armenian Minister of High-Tech Industry Mkhitra  Hayrapetyan.

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AI  and data center project progressing successfully in Armenia - PM  Office
 Friday, April 17 2026 21:03

ArmInfo. The project by Firebird to build an artificial intelligence (AI) and data processing center in Armenia is progressing successfully, as  announced during a meeting between Armenian Prime Minister Nikol Pashinyan and NVIDIA Vice President Reva Lebaredyan, Integra Technologies Chairman of the Board of Directors Zaven Akian, and Service Titan President Vahe Kuzoyan.

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Learn, play, and win: Team and Koreez offer new educational  opportunities
 Friday, April 17 2026 15:00

ArmInfo.  Team Telecom Armenia and the pan-Armenian educational program Koreez announced a new partnership, joining forces to advance school education.

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Ministry of Technology and Industry discusses issues of critical  infrastructure cyber resilience
 Friday, April 17 2026 11:46

ArmInfo.  At the initiative of the Ministry of Technology and Industry of Armenia, a discussion was held on improving the cybersecurity of critical information infrastructure, in particular the Electric Networks of Armenia (ENA), and implementing comprehensive measures in this area.

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The Georgian-Armenian Business Association has launched its first Helio AI project in the recruiting sector in Armenia
 Wednesday, April 15 2026 20:43

ArmInfo. The Georgian-Armenian Business Association (GABA) has launched its activities in Armenia, introducing its first project in the recruitment sector — Helio AI. The presentation of the project, implemented with the support of the "Her Power, Her Future" program by CARE Caucasus, took place on April 15, attended by representatives from Armenia's public and private sectors.

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Armenia, Egypt discuss opportunities to expand cooperation in R&D,  high technology, and  defense industry
 Wednesday, April 15 2026 15:54

ArmInfo. Armenia and Egypt discussed opportunities to expand cooperation in R&D, high technology, and the defense industry, as reported by the press service of the Ministry of High-Tech Industry, citing the outcomes of a meeting between the head of the ministry, Mkhitar Hayrapetyan, and the Ambassador of Egypt to Armenia, Amal Afifi.

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Armenia offers France cooperation in R&D and high technology
 Wednesday, April 15 2026 12:15

ArmInfo. Armenia can serve as a research platform for French companies in the design, development, and testing of innovative solutions. This was announced during a meeting between Armenian Minister of High-Tech Industry Mkhitar Hayrapetyan and a delegation led by Benjamin Haddad, Minister  Delegate for European Affairs to the French Minister for Europe and Foreign Affairs.

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Yerevan to host AI Conf 2026 
 Tuesday, April 14 2026 14:50

ArmInfo. The fourth conference dedicated to artificial intelligence (AI), AI Conf Armenia 2026, will take place in Yerevan, bringing together leading experts,  scientists, business representatives, and everyone interested in the  future of AI in the country.

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With sound strategy, Armenia can strengthen its position in global  technological landscape - Mkhitar Hayrapetyan
 Tuesday, April 14 2026 11:40

ArmInfo.  The global economy is entering a new phase based on artificial intelligence (AI) systems, in which small countries can gain a strategic advantage if they set  the right priorities and effectively seize the moment. This was  stated by Armenian Minister of High-Tech Industry Mkhitar  Hayrapetyan, speaking at the TEDx forum - "Vision of the Future."

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Carnegie Mellon to help shape Armenia`s cybersecurity future
 Monday, April 13 2026 17:01

ArmInfo. A five-day seminar on "Cybersecurity Risk Management" is currently taking place in Yerevan, led by specialists from Carnegie Mellon University.  

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Armenian Government discusses Strategic Development Program for   High-Tech sector
 Friday, April 10 2026 17:11

ArmInfo. On April 10, the fifth meeting of the Council for the Development of Science and Technology was held under the chairmanship of RA Prime Minister Nikol Pashinyan.

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Armenia strives to position itself as a leading R&D and technology  hub - Ruben Simonyan
 Thursday, April 9 2026 17:07

ArmInfo. As part of its strategy for the next five years, Armenia is planning to position itself as a key research and development (R&D) and technology hub.  Ruben Simonyan, Deputy Minister of High-Tech Industry of Armenia,  made this statement during a panel discussion on "Digital Infrastructure and the Real Economy" held as part of the Doing Digital 2026 forum.

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RA Government to allocate $25mln for acquisition of high-performance  computing resources
 Thursday, April 9 2026 13:25

ArmInfo. The RA Government will allocate $25 million over five years to acquire high-performance computing resources. The decision was made at a Cabinet meeting on  April 9.

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Team`s 2G network completely upgraded to modern technology throughout  Armenia
 Thursday, April 9 2026 10:52

ArmInfo.  Team Telecom Armenia has completely upgraded its 2G network in Armenia, becoming the first operator in the region to carry out such a historic transformation in  the telecommunications sector.

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SRC to implement smart customs administration: Chairman Eduard  Hakobyan details AI-driven changes
 Wednesday, April 8 2026 18:03

ArmInfo.The State Revenue Committee of Armenia (SRC) is planning  to implement a smart customs administration system, that will enable a transition from linear risk management to a model based on machine learning and artificial intelligence (AI), as stated by Eduard Hakobyan, Chairman of the SRC, speaking at the Doing Digital forum.

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Mkhitar Hayrapetyan: Building a digital society and economy is a  strategic priority 
 Wednesday, April 8 2026 16:32

ArmInfo.The development of a digital society and digital economy is a strategic priority for us, as stated by Mkhitar Hayrapetyan, Minister of High-Tech Industry of Armenia, speaking at the DOING DIGITAL forum on April 8.

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Armenia to tighten regulations on AI created content 
 Tuesday, April 7 2026 15:34

ArmInfo.Regulations on synthetic content will be tightened in Armenia. At an extraordinary session of the  RA National Assembly, amendments to the law "On Audiovisual Media" are being discussed in the first reading.

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News
Rospotrebnadzor blocks  sale of nearly 1.1 million more bottles of  Jermuk mineral water Rospotrebnadzor blocks  sale of nearly 1.1 million more bottles of  Jermuk mineral water 
Liquefied gas prices set to drop over the coming days - Competition  and Consumer  Protection Commission Head Liquefied gas prices set to drop over the coming days - Competition  and Consumer  Protection Commission Head 
French consortium to construct Armenia`s landmark Bargushat tunnelFrench consortium to construct Armenia`s landmark Bargushat tunnel
Construction timelines for nuclear power plants with small modular  reactors much shorter than for traditional units - premier Construction timelines for nuclear power plants with small modular  reactors much shorter than for traditional units - premier 
In Armenia, steps have been taken to address the issue of changing the taxation of dividends from shares and stakes in the country`s commercial banksIn Armenia, steps have been taken to address the issue of changing the taxation of dividends from shares and stakes in the country`s commercial banks
AMD 1.059bln to be allocated from to co-finance subvention programsAMD 1.059bln to be allocated from to co-finance subvention programs
Government to intensify assistance to research and development  companiesGovernment to intensify assistance to research and development  companies
Process of community consolidation to continue in ArmeniaProcess of community consolidation to continue in Armenia
Armenia-Austria business forum takes place in Vienna Armenia-Austria business forum takes place in Vienna 
Opportunities for expanding Armenia-U.S. economic ties discussed in  Washington Opportunities for expanding Armenia-U.S. economic ties discussed in  Washington 
The mathematical knowledge of the current authorities is limited to the 5th grade — Samvel KarapetyanThe mathematical knowledge of the current authorities is limited to the 5th grade — Samvel Karapetyan
AraratBank Supports Launch of the 15th Anniversary “Faces of Memory” SeminarAraratBank Supports Launch of the 15th Anniversary “Faces of Memory” Seminar
Anahit Avanesyan: No plans to increase health insurance premiums for  2027Anahit Avanesyan: No plans to increase health insurance premiums for  2027
Armenia tightens public procurement rules to combat conflict of  interestArmenia tightens public procurement rules to combat conflict of  interest
France intends to more actively participate in investment programs in  Armenia France intends to more actively participate in investment programs in  Armenia
Payments to electronic taxi platforms not exceed 10% of total farePayments to electronic taxi platforms not exceed 10% of total fare
Arsen Torosyan: Armenia is transforming from labor exporter into  labor recipientArsen Torosyan: Armenia is transforming from labor exporter into  labor recipient
Participation in online casinos for some Armenian citizens to be  limitedParticipation in online casinos for some Armenian citizens to be  limited
Monitoring center for X-ray image analysis to be established under  SRC of ArmeniaMonitoring center for X-ray image analysis to be established under  SRC of Armenia
Over 453,000 tourists visited Armenia in January-March, 18.2%  year-on-year increase - Tourism CommitteeOver 453,000 tourists visited Armenia in January-March, 18.2%  year-on-year increase - Tourism Committee
Ministry of Territorial Administration, EBRD discussed possibility of  expanding infrastructure projects in Armenia Ministry of Territorial Administration, EBRD discussed possibility of  expanding infrastructure projects in Armenia
Ministry of Finance hosts newly appointed IMF Permanent  Representative to ArmeniaMinistry of Finance hosts newly appointed IMF Permanent  Representative to Armenia
Newly appointed IMF Resident Representative to take office in AugustNewly appointed IMF Resident Representative to take office in August
RA State Revenue Committee  launches ExIm platform to simplify  foreign trade proceduresRA State Revenue Committee  launches ExIm platform to simplify  foreign trade procedures
Armenia takes part in  international seafood exhibition at Seafood  Expo Global in BarcelonaArmenia takes part in  international seafood exhibition at Seafood  Expo Global in Barcelona
“Your Relative is in Danger”: IDBank Warns About an Aggressive Wave of Phone Scams“Your Relative is in Danger”: IDBank Warns About an Aggressive Wave of Phone Scams
Economy Ministry  clarifies liquefied gas market situationEconomy Ministry  clarifies liquefied gas market situation
RA Prime Minister: The development of science is our policy RA Prime Minister: The development of science is our policy 
Finance Ministry, EBRD discuss  possibility of new projects Finance Ministry, EBRD discuss  possibility of new projects 
Ardshinbank Mastercard cardholders will receive 10% cashbackArdshinbank Mastercard cardholders will receive 10% cashback
Armenia has not received any official information from Russian side  regarding Jermuk products - IOBPP Armenia has not received any official information from Russian side  regarding Jermuk products - IOBPP
Politician calls on Armenian authorities to abandon taxation of  agricultural sector Politician calls on Armenian authorities to abandon taxation of  agricultural sector
Armenia`s IT sector increased state revenues by 47.3% year-on-year in  the first quarter - ModexArmenia`s IT sector increased state revenues by 47.3% year-on-year in  the first quarter - Modex
Sales of Armenian mineral water Sales of Armenian mineral water "Jermuk" suspended in Russia
Main reason for sharp rise in liquefied gas prices in Armenia is  events surrounding Iran and at Upper Lars checkpoint - economist Main reason for sharp rise in liquefied gas prices in Armenia is  events surrounding Iran and at Upper Lars checkpoint - economist
Armenia, Azerbaijan among top 10 countries with highest military  spending as  percentage of GDPArmenia, Azerbaijan among top 10 countries with highest military  spending as  percentage of GDP
MP: Uncontrolled situation in Armenia`s  fuel market  leading to  chronic artificial price hikesMP: Uncontrolled situation in Armenia`s  fuel market  leading to  chronic artificial price hikes
6th meeting of EU-Armenia Customs Sub-Committee takes place in  Yerevan6th meeting of EU-Armenia Customs Sub-Committee takes place in  Yerevan
PSRC decision to reduce fees for new subscribers comes into effectPSRC decision to reduce fees for new subscribers comes into effect
Armenia`s insurance sector increases tax payments by 61.7%  in Q1  2026Armenia`s insurance sector increases tax payments by 61.7%  in Q1  2026
Armenia urges international partners to support development of  digital infrastructure and communications - RA Ministry of FinanceArmenia urges international partners to support development of  digital infrastructure and communications - RA Ministry of Finance
Industrial  price index rises alongside growth in  manufacturing   sectorIndustrial  price index rises alongside growth in  manufacturing   sector
Armenian telecom operators boost tax contributions  by 29.3% in Q1  2026Armenian telecom operators boost tax contributions  by 29.3% in Q1  2026
Strong Armenia: Hrazdan Metallurgical Plant to reopen within a monthStrong Armenia: Hrazdan Metallurgical Plant to reopen within a month
Ameriabank, Ardshinbank, and Acba Bank lead the charge: Top banking  taxpayers in Armenia for Q1 2026Ameriabank, Ardshinbank, and Acba Bank lead the charge: Top banking  taxpayers in Armenia for Q1 2026
Armenia`s economic activity growth accelerated to 7.1% in  January-March 2026, driven by  construction and industrial sectorsArmenia`s economic activity growth accelerated to 7.1% in  January-March 2026, driven by  construction and industrial sectors
Shirak Avia to launch  direct flight between capitals of Armenia and  UzbekistanShirak Avia to launch  direct flight between capitals of Armenia and  Uzbekistan
Armenian FX market, April 20 to 23, 2026: dollar transactions  maintain growth, while ruble transactions continue to contractArmenian FX market, April 20 to 23, 2026: dollar transactions  maintain growth, while ruble transactions continue to contract
Gazprom to establish operational gas reserve of 0.107 billion cubic  meters in ArmeniaGazprom to establish operational gas reserve of 0.107 billion cubic  meters in Armenia
Expert: Every time we scale AI, we increase energy consumption and  worsen environmental impactsExpert: Every time we scale AI, we increase energy consumption and  worsen environmental impacts
Economy Minister: Exports to  EU surged by 90%, to  U.S. by 13%, and   to China by 2.3 timesEconomy Minister: Exports to  EU surged by 90%, to  U.S. by 13%, and   to China by 2.3 times
AIFC Green Finance Center  considers entering Armenian marketAIFC Green Finance Center  considers entering Armenian market
Megaprojects like AI Factories not realistic without stable energy-  expertMegaprojects like AI Factories not realistic without stable energy-  expert
Financial Literacy Course for Learning Mission non-profit organization. Idram&IDBankFinancial Literacy Course for Learning Mission non-profit organization. Idram&IDBank
Armenia`s top 5 largest taxpayers contribute $202M to state budget in  Q1 2026Armenia`s top 5 largest taxpayers contribute $202M to state budget in  Q1 2026
 A New Level of Digital Banking: IDBank Launches Strategic Partnership with Oracle A New Level of Digital Banking: IDBank Launches Strategic Partnership with Oracle
Armenian Government  approves proposal on general principles of  liability for non-compliance with EAEU customs regulationsArmenian Government  approves proposal on general principles of  liability for non-compliance with EAEU customs regulations
Armenia`s livestock investment support program to be extendedArmenia`s livestock investment support program to be extended
ICAO to help reorganize Civil Aviation Committee of ArmeniaICAO to help reorganize Civil Aviation Committee of Armenia
FLYONE ARMENIA launches Gyumri-Sochi-Gyumri flights FLYONE ARMENIA launches Gyumri-Sochi-Gyumri flights 
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30.04.2026
RUB4.93-0.01
USD370.78-0.41
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CAD271.610.31
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Experts
Main reason for sharp rise in liquefied gas prices in Armenia is  events surrounding Iran and at Upper Lars checkpoint - economist Main reason for sharp rise in liquefied gas prices in Armenia is  events surrounding Iran and at Upper Lars checkpoint - economist
Future of Armenia`s nuclear energy sector in question - expert Future of Armenia`s nuclear energy sector in question - expert 
Ameriabank Included in the List of Companies Defining the State of the Global EconomyAmeriabank Included in the List of Companies Defining the State of the Global Economy
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Commented
Armenia has not received any official information from Russian side  regarding Jermuk products - IOBPP Armenia has not received any official information from Russian side  regarding Jermuk products - IOBPP
Ameriabank Included in the List of Companies Defining the State of the Global EconomyAmeriabank Included in the List of Companies Defining the State of the Global Economy
Robert Kocharyan: Armenia`s current economic model  is highly  problematicRobert Kocharyan: Armenia`s current economic model  is highly  problematic
ATI.SU: Demand for international cargo transportation 30% up in  ArmeniaATI.SU: Demand for international cargo transportation 30% up in  Armenia