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This AI power company ousted its CEO. Why that could help it sign up its first customer.

April 20, 2026
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This AI power company ousted its CEO. Why that could help it sign up its first customer.




Shares of Fermi, which was co-founded by Rick Perry, a former U.S. secretary of energy, were tumbling Monday after the surprise disclosure that its CEO was giving up that role. Some analysts say that could actually be good news.

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