The Latest Breaking News from GloriFi

Feud between AI power startup Fermi and its fired CEO and top shareholder heats up over proposed sale

The former CEO wants to sell the company to make money for shareholders rather than move Fermi’s plans to fruition.

Fortune · Apr 22

Financially struggling, AI power startup Fermi loses its CEO and CFO for ‘2.0’ reset

Fermi touts “acceleration in customer conversations” since the leadership changes.

Fortune · Apr 20

A Texas-based 'anti woke' bank has shut down less than three months after opening

Texas-based GloriFi fires employees as funding falls through.

Fortune · Nov 22, 2022