Powering the AI Revolution
Fermi’s ambition centers on a nearly 6,000-acre Texas site leased for 99 years, where it plans to build “Project Matador”—an AI campus designed to run on nuclear, natural gas, and solar power. The project envisions delivering one gigawatt of power by 2026, ultimately expanding to 18 million square feet of AI capacity fueled by up to 11 gigawatts.
The venture, to be renamed the President Donald J. Trump Advanced Energy and Intelligence Campus, could redefine AI infrastructure in America. Nuclear construction could begin in 2026, finishing by 2031. With proximity to rich natural gas reserves, ample water supply, and a DOE-operated nuclear facility, Fermi is positioning itself as the heartbeat of U.S. AI expansion.
A Race Against Time and Rivals
Haynes Boone partner Matt Fry underscored the project’s urgency: “On-site power generation is the single biggest hurdle for AI right now. This model eliminates that.” Securing gas turbines amid a global shortage was a critical milestone, enabling Fermi to stay ahead of the curve.
The venture’s bold move comes as China accelerates similar projects. “This is not just business—it’s national security,” Fry warned. “America cannot afford to trail behind.”
