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Fermi America Secures $156M, Pushes AI Data Center Campus

Fermi America Secures $156M, Pushes AI Data Center Campus

Lubbock Daily News Now | 2 Min News | The Daily News Now! · The Daily News Now!

April 1, 20261m 48s

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Show Notes

Fermi America secures $156M from Yorkville Advisors, pushing total committed funds past $1B for their AI data center campus in Texas. Theyve also partnered with Texas Tech University System and secured key permits, allowing construction to resume. Fermi is collaborating with Korean firms for nuclear reactors, aiming for 17 gigawatts total from various energy sources. Theyre set to break ground on 4.4 gigawatts of nuclear power by July 4th.

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