Fermi raced to go public. After an 80% drop in the stock price, its founders are battling over what comes next.

In the latest developments of the dispute between former and current leadership of Fermi Inc., the company spearheading ...

Fermi and Toby Neugabauer have dueling lawsuits while Neugebauer is also trying to get a slate of candidates elected to the ...

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

Corporate drama and a stock plummet at Fermi America is raising questions about the sustainability of the wider artificial intelligence boom.

“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 ...

On Friday, April 17, Toby Neugebauer stepped down from his position as Chief Executive Officer with Fermi America. According to the U.S. Securities and Exchange Commission, after Neugebauer departed ...

Texas billionaire Toby Neugebauer is having a stretch of bad luck, and so is anyone who has invested in his companies. When he was CEO of Fermi America, a startup promising to build a nuclear-powered ...

Those issues have now been compounded by the exit of co-founder and CEO Toby Neugebauer, along with the company’s chief financial officer. Changes at the top indicate “there was friction between ...

Fermi America, the company behind a major AI data center project near Amarillo, has terminated the former CEO's employment, according to SEC filings.

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 ...