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OKLO under Altman has signed a historic power supply L with a datacenter giant! The stock price rose 13% in pre-market trading.
On Wednesday, Oklo, a nuclear energy startup supported by OpenAI CEO Sam Altman, announced that it has reached a framework agreement with Datacenter operator Switch to plan the deployment of a 12 GW Oklo Aurora Nuclear Power project for the datacenter by 2044. This news led to a surge of 13% for Oklo in pre-market trading on Wednesday, although it retraced some of the gains after the market opened.