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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.
What does Oklo do? Oklo was founded in 2013 by MIT graduates Jacob DeWitte and Caroline Cochran. Sam Altman, who owned a 2.6% stake in the company at the time of its public debut, served as its ...
It supports multiple tabs, VBA macro and PDF converting. [10] Lotus SmartSuite Lotus 123 – for MS Windows. In its MS-DOS (character cell) version, widely considered to be responsible for the explosion of popularity of spreadsheets during the 80s and early 90s. [citation needed] Microsoft Office Excel – for MS Windows and Apple Macintosh ...
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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 ...
Oklo was set to receive more than $306 million in gross proceeds upon closing of the transaction, according to a release. Oklo’s business model is based on commercializing nuclear fission, the ...
[2] [77] 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. [78] Altman debuted on the Bloomberg Billionaires Index in March 2024 with an estimated net worth of $2 billion, primarily from his venture capital funds related to Hydrazine Capital. [79]
After a pullback, Oklo stock jumped again to close out the month as more investors were drawn into the nuclear story, especially as Oklo is backed by Altman and Silicon Valley billionaire Peter Thiel.