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Giant Data Center Developer Fermi Crashes 22% After CEO, CFO Abruptly Quit

Giant Data Center Developer Fermi Crashes 22% After CEO, CFO Abruptly Quit Last November, we warned that storms clouds were gathering over the torrid, and in some cases chaotic, rollout of US data centers, after Fermi's massive 11 GW energy and data center project in Texas, called Project Matador, which the company has envisioned to be the world's largest AI data center and energy campus in the Texas Panhandle, near Amarillo, was struggling to close the deal with its first major data center tenant (and since Fermi is set up as...
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Feb 25, 2026 / Dave DeCamp
Cuba Says It Killed Four People Who Opened Fire From a US-Registered Speed Boat
The Cuban government said on Wednesday that its coast guard killed four people who opened fire from a US-registered speedboat that entered Cuba’s territorial waters, an incident that comes amid a ramped-up US oil embargo on the country that’s meant to bring about regime change. The Cuban Interior Ministry said in a statement that the […]
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Apr 24, 2026 / Tyler Durden
China Blacklists EU Defense, Aerospace Firms Over Taiwan Dealings
China Blacklists EU Defense, Aerospace Firms Over Taiwan Dealings China has newly placed a slew of EU defense and aerospace firms on a control list, or effectively a new blacklist, reportedly with an eye on Taiwan tensions. It has barred its exporters from supplying dual-use items to seven EU firms, including FN Herstal and Omnipol a.s., according to a statement from the Chinese commerce ministry. The ministry said the measure targets European defense companies that previously sold arms to Taiwan or maintained links with it, and stated the restrictions will not affect...
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Jun 7, 2026 / Tyler Durden
New York Legislature Passes Data Center Moratorium
New York Legislature Passes Data Center Moratorium Authored by Nicholas Zifcak via The Epoch Times, The New York state Legislature passed a one-year data center permit moratorium June 4 in the final days of the legislative session. If Gov. Kathy Hochul signs it into law, New York would be the first to enact a statewide moratorium. A data center in Tennessee. Courtesy of CleanSpark The legislation requires a pause on permitting while the state Department of Environmental Conservation conducts a comprehensive study on the impact of data centers on electricity, pollution, and water...
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