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Fermi Shares Rise After New AI Customer Deal

Fermi announced an agreement with a major artificial-intelligence customer after reporting a net loss and the collapse of a separate $6.5 billion deal.

FRMI

By Ty RoushFermi shares rose sharply Thursday after the data-center developer announced a new agreement with a major artificial-intelligence customer, helping ease concerns about a wider-than-expected quarterly loss and the collapse of a separate $6.5 billion deal.Fermi reported a net loss of $141…

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