May 10, 2024, 2:18 PM
May 10, 2024, 1:34 PM

Sam Altman's Oklo goes public to support his AI goals

Highlights
  • Sam Altman, known for his work in AI through OpenAI, is now chairman of Oklo.
  • Oklo, a nuclear energy company, has recently become public through a SPAC.
  • Altman's move is aimed at advancing his AI ambitions with the support of Oklo's resources.
Story

Oklo, a nuclear fission company, recently started trading on the New York Stock Exchange. They are building a small-scale reactor in Idaho to power data centers for AI companies like OpenAI. The CEO of OpenAI believes nuclear energy is crucial for meeting the growing energy demands of AI technology without using fossil fuels. Oklo has not made any revenue yet and does not have any nuclear plants operating currently. The SPAC market faced challenges in 2022, but AI-related companies are now popular on Wall Street. Oklo's CEO mentioned that their success is due to hard work, their vision, and market opportunities. In 2022, the U.S. Nuclear Regulatory Commission rejected Oklo's application for a reactor in Idaho. The company is working on a new application, planning to submit it next year. In 2015, the CEO of OpenAI invested in Oklo and became its chairman. He has also invested in other clean energy projects like nuclear fusion. The CEO of OpenAI believes that nuclear energy is essential for meeting the energy needs of AI technology. He has invested in companies working on clean energy solutions, showing his commitment to sustainable energy sources for the future.

Opinions

You've reached the end