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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 ...
Oklo, which counts OpenAI co-founder Sam Altman among its investors, went public in May after merging with the special purpose acquisition company AltC Acquisition. The company has hit the ground ...
Oklo's arguably in the strongest position, with $235 million in cash and a burn rate of only $26 million. That gives the stock a nine-year lifespan so long as it's careful with its cash. The next ...
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 ...
He is also the chairman of clean energy companies Oklo Inc. and Helion Energy. [2] Altman is considered to be one of the leading figures of the AI boom. [3] [4] [5] He dropped out of Stanford University after two years and founded Loopt, a mobile social networking service, raising more than $30 million in venture capital.
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.
Oklo is a region near Franceville in the Haut-Ogooué Province of Gabon. Several natural nuclear fission reactors were discovered in the uranium mines in the region ...