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Oklo (NYSE: OKLO), a nuclear power start-up backed by OpenAI CEO Sam Altman, went public by merging with a special purpose acquisition company (SPAC) on May 10, 2024.The stock opened at $15.50 on ...
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 ...
Sam Altman-backed nuclear power company Oklo ... Sam Altman owned a 2.6% stake in the company, according to a regulatory filing in June. ... Oklo has said the cost of bringing one of its SMRs ...
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]
In 2018, Altman invested AI chip startup Rain Neuromorphics, based near OpenAI’s San Francisco headquarters. The next year OpenAI signed a letter of intent to spend $51 million on Rain’s chips.
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.
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.
OpenAI CEO Sam Altman, during an event in Seoul, South Korea, on June 9, 2023.