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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 ...
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 ...
Altman invests in technology startups and nuclear energy companies. Some of his portfolio companies include Airbnb, Stripe and Retro Biosciences. [74] He is also chairman of the board for Helion Energy, a company focused on developing nuclear fusion, and Oklo Inc., a nuclear fission company. [75] [76]
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.
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.
The company was founded in 2013 by David Kirtley, John Slough, Chris Pihl, and George Votroubek. [6] The management team won the 2013 National Cleantech Open Energy Generation competition and awards at the 2014 ARPA-E Future Energy Startup competition, [7] were members of the 2014 Y Combinator program, [8] and were awarded a 2015 ARPA-E ALPHA contract, "Staged Magnetic Compression of FRC ...
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.
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 ...