Rick Perry’s AI-Energy Startup Fermi Faces C-Suite Drama After 72% Selloff
Ex-governor is on board that ousted CEO — who now wants directors gone
Welcome to Bloomberg’s Texas Edition — covering all the industries and people driving America’s second-largest economy, from finance and oil to tech and sports. Join us each week for an inside look at Texas through a Bloomberg lens. Sign up here if you’re not already on the list.
AI energy startup Fermi has a big-name co-founder in former Texas Governor Rick Perry and an ambitious goal to build the world’s largest private power grid for a data-center campus. The drama around the company these days is also Texas-sized.