Oklo Inc. is an American company developing nuclear fission reactors. Founded in 2013 by Jacob DeWitte and Caroline Cochran, the company is based in Santa Clara, California.[1][2] Its chairman is OpenAI co-founder Sam Altman.[3]

In July 2023, it was announced that the company planned to go public via a special purpose acquisition company at a value of $850 million.[4] On its debut on the New York Stock Exchange in May 2024, the company's stock fell by 54%.[5]

The company is named for Oklo, a region in the country of Gabon in which several natural nuclear fission reactors have been found.[6]

References edit

  1. ^ Confino, Paolo (July 11, 2023). "Sam Altman just took a nuclear energy startup public for $500 million. Its CEO wants to provide 'energy at planetary scales for a billion-plus years'". Fortune.
  2. ^ Patel, Sonal (May 18, 2023). "Oklo's Next Two Nuclear Power Plants Planned for Southern Ohio". Power.
  3. ^ Sigalos, Hayden; Field, MacKenzie (2024-05-10). "Sam Altman's nuclear energy company Oklo plunges 54% in NYSE debut". CNBC. Retrieved 2024-05-10.
  4. ^ "Nuclear power Spac: Sam Altman, AI king, seeks to split atoms". www.ft.com. Retrieved 2024-05-11.
  5. ^ Lipschultz, Barry; Wade, Will. "Altman-Backed Oklo's Shares Spiral in Debut After SPAC Deal". Bloomberg. Retrieved 2024-05-11.
  6. ^ Judge, Peter. "Sam Altman-backed nuclear reactor firm Oklo to go public via SPAC". Data Centre Dynamics.

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