Oklo Inc (NYSE:OKLO) shares are staging a massive reversal Wednesday morning after tumbling late Tuesday following an announcement that OpenAI's Sam Altman is stepping down as chairman of the board.
Co-founder Caroline Cochran said the company will continue with its mission of bringing scalable clean energy to the artificial intelligence (AI) sector and others.
Oklo Inc. (NYSE: OKLO), an advanced nuclear technology company, today announced that Sam Altman will step down as Chairman of the Board. Altman has helped guide Oklo’s development since its beginning, and has helped position it to execute on its mission.
Jacob DeWitte, CEO of Oklo Inc. (NYSE: OKLO), has reportedly sold a significant portion of his company stock, according to a filing with the Securities and Exchange Commission (SEC).
Despite management’s claims of potential deals, market commentator Herb Greenberg pointed out that none had been finalized, leaving Oklo with no revenue and cash flow, alongside widening losses.
Oklo signed several power agreements during the quarter, including a 12-gigawatt deal with data center provider Switch. According to the company, this brings total confirmed customer interest to 14 gigawatts.
Oklo Inc. (NYSE: OKLO) (“Oklo” or “the Company”), an advanced nuclear technology company, today published its financial results and business update for the quarter and year ended December 31, 2024.
Oklo Inc. (NYSE: OKLO), an advanced nuclear technology company, has appointed Daniel Poneman and Michael Thompson to its Board of Directors. Their addition strengthens the company’s leadership team with deep expertise in nuclear technology and technology financing.
Oklo Inc (NYSE:OKLO) shares are trading higher Monday after the company announced it's engaging with the U.S. Nuclear Regulatory Commission (NRC) in a pre-application readiness assessment.
Oklo Inc. (NYSE: OKLO) (“Oklo”), an advanced nuclear technology company, is engaging with the U.S. Nuclear Regulatory Commission (NRC) in a Pre-Application Readiness Assessment for its combined license application (COLA) for Oklo’s Aurora Powerhouse at the Idaho National Laboratory. The readiness assessment allows NRC staff to review and familiarize themselves with Oklo’s licensing materials ahead of the full application review so that both sides can prepare for an efficient application review.
