Due to the increasing demand for data centers, Altman's nuclear energy company Oklo's orders surge
Oklo has agreed to provide 100 megawatts of electricity to Wyoming Hyperscalar to operate its data center park. Oklo's CEO Jacob DeWitte said this is just the "tip of the iceberg" and expects more similar contracts in the future.
Oklo predicts that data center demand will significantly drive the nuclear energy market.
Data center demand surges
After announcing the signing of a nuclear energy supply agreement with the data center, Oklo Inc. expects to sign more contracts from high energy consuming industries. The company is supported by Sam Altman, CEO of OpenAI, and approximately 80% of orders come from data center operators.
Recent major agreements
Oklo has agreed to provide 100 megawatts of electricity to Wyoming Hyperscalar to operate its data center park. Oklo's CEO Jacob DeWitte said this is just the "tip of the iceberg" and expects more similar contracts in the future.
Energy demand and future plans
Although utility companies are competing to meet the surge in demand due to artificial intelligence and data centers, Oklo will not be able to start supplying electricity until 2027 as its nuclear reactor has not yet received regulatory approval. DeWitte emphasizes that nuclear energy is one of the safest and most stable energy sources, meeting consumers' demand for cheap and reliable electricity.
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