“Going from zero to a 17-gigawatt AI hyper campus in one leap before they had a single tenant or a dollar of project finance ...

Fermi America, the AI data center company backed by former Gov. Rick Perry, is facing an assortment of financial and legal woes.

Fermi Inc., building the world’s largest data center campus in Texas, can’t prevent its fired co-founder from holding a ...

Fermi (FRMI) announced a preliminary consent revocation statement in response to the ousted CEO Toby Neugebauer's efforts to ...

Fermi continued to build out its massive infrastructure footprint and offered encouraging words about customer interest, but ...

Toby Neugebauer remains the largest shareholder, but has lost the support of the second largest shareholder in messy spat ...

A release says the meeting would let shareholders express their views about the company's future. Fermi said it is ...

Co-founder and CEO Toby Neugebauer departed the company effective immediately on April 17, followed by CFO Miles Everson’s resignation days later. The dual departures, which the company framed as part ...

A shareholder backed the decisions of the current board handling the Project Matador AI campus, while Fermi's co-founder ...

The chief financial officer of Fermi Inc has departed, just days after the CEO suddenly stepped down. Miles Everson has resigned as the Texas data center firm's CFO, but at the same time has been ...

The head of Fermi America, the company building a large-scale data center campus in Texas named after President Trump, has resigned from his current role amid a broader reshuffling of the firm’s ...

Fermi Inc. has won the backing of its second-largest shareholder as its former chief executive officer seeks a special meeting to seize control of the data-center developer’s board.