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Oklo Inc. (OKLO) has seen its stock surge by over 1000% in the past year, reaching approximately $85 from around $9 post-IPO in 2024. This rapid increase places the company at the intersection of clean energy and artificial intelligence (AI), driven by growing demand for energy-intensive AI infrastructure.
The company’s advanced, small-scale nuclear reactors are being positioned as a sustainable energy source crucial for powering data centers that support AI technology. Major endorsements from figures like Sam Altman, CEO of OpenAI, have further enhanced Oklo’s profile as a leading AI-related stock.
Shares of Oklo have surged nearly 230% this year, highlighting its transition to a prominent position in the energy sector, despite needing to prove its capabilities in executing ambitious energy projects.
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