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Market Watch · Apr 20, 2026 9:49 PM EDT AITechnology

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.

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