"Nuclear AI startup" Fermi had hoped to build power plants generating 17 gigawatts of electricity, remembers Bloomberg , "three times the amount typically consumed by New York City." Hyperscalers could install their data centers on the site itself and tap directly into that power, which would come first from natural gas turbines and later from nuclear reactors. The pitch ticked so many boxes — artificial intelligence, nuclear energy, political connections — that some investors found it irresistible. Fermi went public in October worth more than $19 billion in market value, despite reporting no revenue or signed customers. Now, the startup's board has fired its top executive, Toby Neugebauer, after months of negotiations failed to secure a single client. Chief Financial Officer Miles Everson left as well... Fermi's stock, meanwhile, has tumbled 84% from its peak. The company's more than 5,000-acre site in the Texas panhandle — dubbed Project Matador, or the President Donald J.…