Confrontation between billionaire CEO and Lutnick hints at trouble with huge data center project

r/singularity
AI Hardware

A confrontation between a Dallas billionaire and Commerce Secretary Howard Lutnick at a Silicon Valley conference has exposed simmering tensions over an effort to secure financing for a sprawling campus of data centers powered by a private energy grid. Toby Neugebauer, the CEO and co-founder of Fermi America, became “loud and belligerent” with Lutnick at the Nvidia GTC conference in San Jose, California, on Tuesday as he raised the issue of investment from South Korea in the data center project, according to a witness.