Published Apr 20, 2026, 11:11 AM ET · Updated 7 months ago · 1 source

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

MarketWatch
MarketWatch
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INFERY
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.