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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 ...
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.
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.
Sam Altman owned a 2.6% stake in the company, according to a regulatory filing in June. He became chair of Oklo in 2024 after serving as its CEO for three years.
Altman was born on April 22, 1985, in Chicago, Illinois, [8] [9] into a Jewish family, [10] and grew up in St. Louis, Missouri. His mother is a dermatologist, while his father was a real estate broker.
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 market has responded enthusiastically to Constellation's strategic moves in the nuclear space, driving its shares up more than 126% this year, vastly outperforming the S&P 500.
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 ...