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Chronicles

The story behind the story

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Fermi CEO Toby Neugebauer is leaving the company, as the data center developer faces issues in securing an anchor tenant and construction delays

The world's largest data center project — backed by Trump allies and bearing his name — is stalled by delays and logistical hurdles that could stop it before it even starts.

Axios Amy Harder

Discussion

  • Elena Schlossberg Elena Schlossberg on linkedin
    Here is the hard truth.  You cannot BS your way through the real math and physics obstacles for power. …
  • @masnick.com Mike Masnick on bluesky
    This story is hilarious for many reasons beyond naming the project after Trump.  These grifters are now admitting that building massive data centers was actually more complex than they realized, showing they had no idea what they were doing.  —  www.axios.com/2026/04/19/a...