Fermi Secures Nuclear Deals to Power Texas Data Centers Amid Rising Stock
Originally Published 2 months ago — by Bloomberg.com
Fermi Inc. has announced plans to build four large nuclear reactors in Texas to power private data centers, partnering with Doosan Enerbility and Hyundai Engineering & Construction, signaling a bold move to revive large-scale nuclear energy in the US amidst rising demand for AI infrastructure, though the project faces high costs and supply chain challenges.