Fermi Inc., doing business as Fermi America, operates as an energy and hyperscaler development company purpose-built for artificial intelligence era. It focuses on Project Matador, an approximately 11-gigawatt behind-the-meter energy generation and powered shell data center campus located in Amarillo, Texas. Its Project Matador provides hyperscale customers with approximately 15 million square feet of data center space powered by a combination of on-site solar, gas, and nuclear power infrastructure. Fermi Inc. was incorporated in 2025 and is based in Amarillo, Texas.