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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.
Sam Altman-backed nuclear power company Oklo has boomed on the stock market over the past month as investors look to nuclear energy as the next big AI trade.Shares in the company, which is ...
Altman got involved with Oklo while he was president of startup incubator Y Combinator. Oklo went into the program in 2014, after an earlier meeting between Altman and DeWitte. In 2015, Altman ...
In 2005, at the age of 19, [16] Sam Altman co-founded Loopt, [17] a location-based social networking mobile application. As CEO, he raised more than $30 million in venture capital for the company, including an initial investment of $5 million from Patrick Chung of Xfund and his team at New Enterprise Associates , followed by investments from ...
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 ...
Peers like Nuscale Power jumped 34% during that period, and Nano Nuclear Energy was up 39%. Part of the gains in Oklo shares are likely related to Sam Altman, who owns roughly 6% of the company.
Three distinct approaches to nuclear power -- from small reactors to established utilities to advanced fuel tech -- could help power big tech's AI ambitions. 3 Nuclear Power Stocks That Could ...
OpenAI CEO Sam Altman and venture capital firm Andreessen Horowitz are two of the investors who have put $20 million into Exowatt, a green-energy startup targeting data centers, the Wall Street ...