ByElizabeth MacBride,

Senior Contributor.

In the wake of the peace brokered by Donald Trump and after more than a decade of investment by the Armenian diaspora, Armenia is emerging as a small but formidable geopolitical hub, with a strategic location near Iran and Turkey, and an innovation economy that will now be powered by a $500m data center powered by Nvidia chips.

The U.S. government recently approved the deployment of the chips into the data center, which will be operated by a joint Armenian-American company, Firebird.AI.

The ambitious Firebird.AI initiative is the latest in a wave of diaspora-led investments, which have included the Aurora Humanitarian Initiative, which brought hundreds of global development experts to the country about a decade ago, and a United World College school in the north of the country.