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Geothermal startup Fervo Energy pops 33% in IPO debut fueled by AI data center demand

TechCrunchEditor
May 13, 2026 | 8:18 PM1 min read
Originally published on TechCrunch
Geothermal startup Fervo Energy pops 33% in IPO debut fueled by AI data center demand

Fervo Energy's IPO was upsized several times after potential investors asked why the enhanced geothermal startup wasn't raising more money.

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