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12.11.25 - 02:48
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Fermi′s Massive Texas Data Center Struggles To Sign Its First Major Tenant (ZeroHedge)
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Fermi's Massive Texas Data Center Struggles To Sign Its First Major Tenant
More storms clouds are gathering over the torrid, and in some cases chaotic, rollout of US data centers.
Fermi's massive 11 GW energy and data center project in Texas, called Project Matador, which the company has envisioned to be the world's largest AI data center and energy campus in the Texas Panhandle, near Amarillo, is struggling to close the deal with its first major data center tenant. And since Fermi is set up as REIT that allocates income from tenants to shareholders, the delay may raise doubts about attracting other potential money-generating tenants, in a toxic feedback loop.
Fermi's Donald J. Trump campus is an array of solar, natural gas and nuclear power generation, as well as storage and 2.6 million square feet of data-center capacity. With 11 gigawatts of power, including 6 gigawatts of nuclear power and 5 gigawatts of gas-powered generation, Project Matador ranks as the "largest advanced e...
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11.11.25 - 15:06
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Nuclear Startup Fermi Invokes Manhattan Project: ′We Are at War′ (Bloomberg)
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US efforts to develop artificial intelligence systems and the nuclear-energy infrastructure needed to power them are comparable to the World War II initiative to build the first atomic bomb, according to Fermi Inc., a power-plant developer planning a massive data-center campus in Texas....
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10.11.25 - 22:06
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Fermi America™ Posts Third Quarter 2025 Shareholder Letter (PR Newswire)
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AMARILLO, Texas, Nov. 10, 2025 /PRNewswire/ -- Fermi Inc. (d/b/a Fermi America) (Nasdaq & LSE: FRMI), which is powering tomorrow's AI to ensure America wins the intelligence race, has today published a letter to its shareholders detailing the company's strong third quarter 2025......
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