Related Symbol
avatar
@General-Mils 1 month ago

Meta partnering with Oklo for 1.2GW nuclear project in Ohio

Meta partnering with Oklo for 1.2GW nuclear project in Ohio

Oklo shares are up over 260% in the last year as tech giants look for nuclear power for AI data centers. Meta recently announced a partnership with them to support a 1.2 GW buildout in Ohio. They are also working with Vistra and Constellation Energy to secure more clean energy capacity. Keep in mind this is a very long-term play. Oklo is only in the planning phase for the Ohio site this year. The reactors are not expected to be online until 2030, with full rollout lasting until 2034. The company is still pre-revenue and trading largely on speculation, so there is significant execution risk here.
post thumbnail
@MasonCarter10 1 month ago

Big hype move for sure. Oklo catching a bid on the Meta deal, but this is a long road. No revenue, years from power on, and tons of execution risk. High conviction trade for believers, not a sleep easy hold.