TensorWave

Fermi signs $6.5 billion lease for 'world's largest data center' after months of turmoil

Fermi Inc. has signed a $6.5 billion, 15-year lease with AI cloud provider TensorWave for a 222-megawatt data center at its Project Matador campus in Carson County, Texas. This agreement follows months of financial, leadership, and environmental controversies surrounding the massive data center and power generation project. The project continues to face scrutiny over water consumption, air pollution, and its impact on the local electric grid.