Fermi, the Texas startup developing nuclear-powered AI campuses, is facing a leadership vacuum following the resignations of its CEO and CFO. Toby Neugebauer stepped down as CEO on April 17, just days before the CFO’s departure. Part of a "Fermi 2.0" strategy, the changes follow a market cap collapse from $20 billion to $3.4 billion after an unnamed tenant canceled a $150 million deal. The company, which went public last year without revenue, has established an interim office while it searches for a new leader. Read the full story at Fortune (subscription).
Source · Fortune
