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Fermi Inc. Secures 6 GW Power Permit for $90 Billion AI Infrastructure Project

FRMI10-KFiling Date: 3/30/2026
Fermi Inc.
Description

What this story covers

Fermi Inc.’s inaugural 10-K reveals a bold plan to build an 11 GW grid-independent AI power campus. Despite being pre-revenue with a $486 million net loss, the company has secured $1.4 billion in financing to fuel its 2027 goals.

Story snapshot

CompanyFermi Inc.
TickerFRMI
VariantStandard detailed
Duration12:48
Filing type10-K
PeriodAnnual 2025
IndustryTechnology
Accession0002071778-26-000010
Sources1

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Primary Sources

sec_filing10-KView on SEC.gov →

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