Sam Altman, best known as the CEO of OpenAI, is also chairman of a nuclear power company called Oklo, which has just gone public through a special purpose acquisition company.
Oklo's business model is based on commercializing nuclear fission, the reaction that fuels all nuclear power plants. Instead of conventional reactors, the company aims to useOklo is currently working to build its first small-scale reactor in Idaho, which could eventually power the types of data centers that
In an interview with CNBC Thursday, Oklo CEO Jacob DeWitte confirmed that the company has yet to generate revenue and has no nuclear plants deployed at the moment. He said the company is targeting 2027 for its first plant to come online.in the low-interest rate days of 2020 and 2021 when tech valuations were soaring and investors were looking for growth over profit.
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