Rick Perry fails to win reelection to the board of Fermi, the AI data-centre and power company he co-founded

Perry and director Jeffrey Stein won a majority of votes cast but not of all shares as the bylaws require; Fermi says both stay on the board until successors are elected, blames a voting-agreement breach by co-founder Toby Neugebauer's shareholders, and called reports of Perry's removal inaccurate.