Oklo Inc.

From Wikipedia, the free encyclopedia

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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