Nuclear AI Startup Fermi Couldn't Sign a Single Client

“.. The firm leased a site near Amarillo on which it planned to build power plants generating 17 gigawatts of electricity — three times the amount typically consumed by New York City.” @bloomberg.com $FRMI www.bloomberg.com/news/article...

My look with @naurtorious.bsky.social inside what went wrong and what's next for Fermi: www.bloomberg.com/news/article...

Nuclear AI Startup Fermi Ousts Co-Founder Over Lack of Clients - Bloomberg www.bloomberg.com/news/article...

'Some analysts see a cautionary tale of the market’s AI enthusiasm running ahead of reality, with investors betting on companies whose grand projects may never get built.' www.bloomberg.com/news/article...

Nuclear AI startup Fermi ousted a co-founder after failing to sign a single client despite offering land and power for data centers.

Rick Perry.... Ever the LOSER! www.bloomberg.com/news/article...