Fermi AI data center facing challenging finances A highly promoted AI data center project in Amarillo linked to former Texas Gov. Rick Perry is facing renewed uncertainty after the loss of a major investor and a sharp decline in market value. The project, developed by Fermi Inc., reportedly lost a $150 million funding commitment tied …
Fermi America Secures Key Partnerships for West Texas Growth Former Energy Secretary Rick Perry’s firm Fermi America, co-founded with Texas Tech University and others, gained momentum this week through two major energy development announcements. The first announcement focused on a partnership with the City of Amarillo and Carson County. The Amarillo City Council approved a …
