OKLO Stock Rebounds on New Partnership News

The tech genius convinced Oklo to join his Y Combinator start-up incubator in 2013 and led its seed-funding round in 2015. Altman also was the co-founder of AltC Acquisition Corp, the SPAC that merged with Oklo.
Altman has said that he believes society needs a great deal of affordable, clean power and that it will be difficult to meet that goal without utilizing large amounts of nuclear energy.
He has noted that AI requires lots of power.

Additional Things to Know About Oklo
A pre-revenue company, Oklo is building its first nuclear reactor in Idaho and seeking to create reactors that are significantly smaller than those that are widely used now. Eventually, the firm would like to sell its power to the U.S. military and large tech firms.
The start-up says that its reactors will offer “robust inherent safety performance” and will be “self-stabilizing, self-controlling, and cooled by natural forces.” As a result, they will be “walk-away safe,” according to the firm. Oklo added that the waste that its reactors generate can be used as fuel.
The firm hopes to launch its first plant in 2027.