United States | News & Politics

Billionaire Toby Neugebauer laughed when the Amarillo City Council asked him how he planned to handle the waste his planned datacenter would produce.

“I’m not laughing in disrespect to your question,” Neugebauer said. He explained that he’d just met with Texas Governor Greg Abbott, who had made it clear that any nuclear waste Neugebauer’s datacenter generated needed to go to Nevada, a state that’s not taking nuclear waste at the moment. “The answer is we don't have a great long term solution for how we’re doing nuclear waste.

The meeting happened on October 28, 2025 and was one of a series of appearances Neugebauer has put in before Amarillo’s leaders as he attempts to realize Project Matador: a massive 5,769 acre datacenter being built in the Texas Panhandle and constructed by Fermi America, a company he founded with former Secretary of Energy Rick Perry.

If built, Project Matador would be one of the largest datacenters in the world at around 18 million square feet. “What we’re talking about is creating the epicenter for artificial intelligence in the United States,” Neugebauer told the council. According to Neugebauer, the United States is in an existential race to build AI infrastructure. He sees it as a national security issue.

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