ALCC Jun 2024 15.000 call
- Yahoo Finance Video
Nuclear power can ease 'staggering' AI energy demand: Oklo CEO
The International Energy Agency forecasts that global electricity consumption for the cryptocurrency, data center, and AI sectors could double by 2026. To this end, Oklo aims to create clean energy through fission reactors and has earned the backing of OpenAI founder Sam Altman. Oklo CEO Jake DeWitte joins Catalysts to discuss the company's operations and the energy landscape in the age of artificial intelligence. DeWitte says Oklo deploys "next-generation" nuclear technology with "huge" potential, pointing to its supposed ability to power the planet for over a billion years. The CEO notes that energy demand is "staggering," as the AI sector is already building on top of the clean energy transition drive. Regarding the company's operations, DeWitte explains that Oklo designs, owns, and operates its own nuclear plants and sells the power through long-term uptake agreements. He adds that Oklo will work with data centers, sometimes building plants next to the data centers. For more expert insight and the latest market action, click here to watch this full episode of Catalysts. This article was written by Gabriel Roy
- Business Wire
Oklo Partners with Wyoming Hyperscale to Deliver 100 Megawatts to its Data Centers
SANTA CLARA, Calif., May 23, 2024--Oklo Inc. (NYSE: OKLO) ("Oklo"), a fast fission clean power technology and nuclear fuel recycling company, announced its collaboration with Wyoming Hyperscale to supply 100 megawatts of clean power to a state-of-the-art data center campus. The companies have signed a non-binding letter of intent outlining their intent to enter into a 20-year Power Purchase Agreement, highlighting Oklo’s commitment to providing reliable and scalable clean power solutions in resp
- Business Wire
Oklo Signs MOU with Atomic Alchemy to Collaborate on Isotope Production
SANTA CLARA, Calif., May 13, 2024--Oklo Inc. (NYSE: OKLO) ("Oklo" or the "Company"), a fast fission clean power technology and nuclear fuel recycling company, is forming a strategic partnership with Atomic Alchemy Inc. ("Atomic Alchemy") to produce isotopes. This partnership will aim to combine Oklo’s work to build and operate fast reactors and fuel recycling expertise with Atomic Alchemy’s expertise in isotope production to meet increasing demands for isotopes. Isotopes are vital for many promi
