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Fermi America Raises $682M for Texas AI Power-and-Data Campus - HostingJournalist.com
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Fermi America Raises $682M for Texas AI Power-and-Data Campus - HostingJournalist.com
In its Nasdaq debut, Fermi America, a recently public developer of power-intensive digital infrastructure, collected about $682.5 million and unveiled an exceptionally ambitious plan: construct an 11-gigawatt energy-and-data campus in Amarillo, Texas, that is privately powered, to support the upcoming AI computer generation.With little income and years of building ahead, the company, listed as FRMI, priced its initial public offering (IPO) at $2…
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