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A buzzy data center startup calls itself a utility. That could be a problem.

Business Insider Fews App News Provider
Fews App Post Time Hace 13h

Bloomberg/Getty ImagesFermi, a data center startup, has pitched itself as a utility built to power the AI boom. But the company is a REIT, a corporate structure that limits how much power it can sell. In the world of AI, companies aren't just pitching power — they're pitching a financial structure.

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