Rick Perry’s AI power startup Fermi already has a $16 billion market cap—and zero revenue
NeutralFinancial Markets

Rick Perry's AI startup, Fermi, has made headlines with a staggering $16 billion market cap despite having no revenue. This raises questions about the valuation of tech startups and the influence of political affiliations, as Fermi is named after Donald Trump. The situation highlights the intersection of technology, politics, and investment, making it a noteworthy case in the evolving landscape of artificial intelligence.
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