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Fortune AIPublished: Apr 21, 2026, 10:00 JST

Fermi replaces CEO and CFO in leadership reset as struggling AI power startup seeks turnaround

Fermi replaces CEO and CFO in leadership reset as struggling AI power startup seeks turnaround

Fermi, an AI startup focused on optimizing electrical grid operations, removed its CEO and CFO and is installing new leadership as part of a '2.0' restructuring. The company has reported a recent uptick in customer conversations following these executive changes.

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