This Nuclear Energy Stock Is Rallying Thanks to A New Partnership With Nvidia
Oklo shares surged after the nuclear energy startup announced a new partnership with Nvidia and the Los Alamos National Laboratory to advance nuclear infrastructure and AI-enabled research. Oklo's stock has more than tripled in value over the past year amid expectations it could benefit from growing power demand for AI data centers.
Oklo, a nuclear energy startup, has partnered with Nvidia and the Los Alamos National Laboratory to advance critical nuclear infrastructure and AI-enabled research. The collaboration will focus on AI models for research and development of nuclear fuel technology. Oklo's stock surged over 5% following the announcement. The company's shares have more than tripled in value over the past year due to expectations of growing power demand for AI data centers. Nvidia shares were down about 1% following the news. Oklo CEO Jacob DeWitte stated that the agreement brings together reactor deployment, high-performance compute, and world-class fuel and materials science expertise.
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