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Nuclear AI startup Fermi had hoped to build power plants generating 17 gigawatts of electricity, remembers Bloomberg, three times the amount typically consumed by New York City. Hyperscalers could install their data centers on the site itself and tap directly into that power, which would come f. Ex-governor Rick Perry's nuclear AI startup promised land, nuclear energy, and political connections. Now, Fermi’s board has fired its co-founder after failing to sign a single client. The struggling AI power startup Fermi is losing both its CEO and chief financial officer as it launches a “2.0” reset to attract customers for the largest data center campus project in the. When the start-up Fermi America announced plans to build the Donald J. Trump Advanced Energy and Intelligence Campus near Amarillo, Texas, last year, investors clamored for a chance to cash in on. Now the ex-CEO is waging a battle for Fermi’s future and its vision of atomic-powered data centers in the Texas panhandle. Nuclear AI Startup Fermi Promised Land and Ample Power. But It Couldn't Sign a Single Client Now the ex-CEO is waging a battle for Fermi’s future and its vision of atomic-powered data centers in the Texas panhandle. Amazon-backed X-energy was able to raise around 20% more money in its IPO as demand for nuclear power surges.
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