Fermi America

Fermi America is building an 11GW nuclear-and-gas-powered data center campus ('Project Matador') in Amarillo, Texas, using planned Westinghouse AP1000 reactors alongside gas turbines. It recently went public via IPO.

Ecosystem functionA vertically integrated power-plus-data-center developer notable for pairing utility-scale nuclear ambitions directly with an on-site AI campus, though execution remains unproven.

Business modelBuilds/leases power-plus-data-center campuses