Trump-branded AI data center megaproject stalls, CEO departs

Trump-branded AI data center megaproject stalls, CEO departs

The world's largest data center project — backed by Trump allies and bearing his name — is stalled by delays and logistical hurdles that could stop it before it even starts.The latest sign of trouble emerged Friday: CEO Toby Neugebarger abruptly departed. That sent the company's shares, which already shed 75% in the last six months, plummeting in aftermarket trading.Why it matters: Fermi America, co-founded by President Trump's former Energy Secretary Rick Perry, is emerging as a high-profile te...

Original Source

Read the full article at Axios →

KhanList aggregates and links to publicly available news content. We do not host full articles from third-party sources. Always verify important information with original sources.