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In July 2023, it was announced that the company planned to go public via a special purpose acquisition company at a value of $850 million. [17] On May 10, 2024, Oklo merged with AltC Acquisition Corp, receiving $306 millions in gross proceeds. [3]
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 ...
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 CEO for three years ...
OpenAI's CEO is helping a nuclear startup go public via his special purpose ... slated to go online in 2026 or 2027. Oklo says its technology requires significantly less land compared to ...
[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]
Oklo , backed by Sam Altman of OpenAI, went public through a SPAC in May and the shares have gained more than 80% since. The overall demand for electricity that’s expected from data centers has ...
Instead it reads like marketing material written by Oklo themselves and leads the reader to believe they actually possess licensed reactor designs and reprocessing capabilities when they do not. 98.56.143.194 ( talk ) 03:51, 27 July 2024 (UTC) [ reply ]
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 ...