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Oklo Inc. is an advanced nuclear technology company based in Santa Clara, California. [ 1 ] [ 2 ] Founded in 2013 by Jacob DeWitte and Caroline Cochran, both graduates of the Massachusetts Institute of Technology (MIT) , the company designs compact fast reactors with the aim of providing clean, safe, and affordable energy.
One company looking to lead the way with its next-generation nuclear technology is Oklo (NYSE: OKLO). According to data provided by S&P Global Market Intelligence, the company surged 101% higher ...
Oklo went into the program in 2014, after an earlier meeting between Altman and DeWitte. In 2015, Altman invested in the company and became chairman. In 2015, Altman invested in the company and ...
In Oklo’s first earnings report since going public on Aug. 13, the company reported a net loss of about $53 million for the first six months of the year, wider than the roughly $9 million loss ...
The Aurora is being developed by Oklo Inc. [2] Oklo Inc was founded in 2014, with investors including Hydrazine Capital (founded by Sam Altman, with Peter Thiel as its sole limited partner); Facebook's co-founder, Dustin Moskovitz; Ron Conway of SV Angels; Kevin Efrusy, a technology investor at Accel Partners; Daniel Aegerter, a Swiss investor ...
Oklo is a development-stage company, backed by OpenAI CEO Sam Altman, and it doesn't have any revenue currently. However, nuclear energy is emerging as a favored power source among big tech ...
In March 2021, Altman and investment banker Michael Klein co-founded AltC Acquisition Corp, a special-purpose acquisition company (SPAC), where he is also the CEO. [2] [75] In May 2024, Oklo Inc. completed a merger with the SPAC to become a public company. Altman remained as chairman of Oklo following the merger. [76]
The startup, Oklo, will merge with AltC Acquisition Corp, co-founded by Sam Altman and Churchill Capital. Altman has long been a lead investor of Oklo, serving as chairman since 2015.