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Plenty of #billionaires have been created by the artificial intelligence and data center booms—and now, the real estate underneath the data centers is generating ten-figure fortunes, too.⁣ ⁣ At least three new billionaires joined the three-comma club on Wednesday after #Fermi America, an Amarillo, Texas-based real estate investment trust cofounded by former energy secretary and Texas governor Rick Perry, went public on the #Nasdaq. The stock opened at $21 and closed 55% higher at $32.53 per share, valuing the nine-month-old firm at $19 billion, despite the fact that it has yet to generate any sales.⁣ ⁣ Read more at the link in our bio. (Photo: Bloomberg)

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